Tag: Standard and Poor's

• Tuesday, February 10th 2015 - 05:45 UTC

  S&P downgrades Venezuela long term credit rating to CCC

  

  Ratings agency Standard and Poor's on Monday downgraded Venezuelan long-term credit ratings to CCC from CCC+, citing falling oil prices and the government's failure to address economic distortions.

• Tuesday, September 20th 2011 - 09:09 UTC

  S&P downgrades Italy’s rating by one notch with negative outlook

  

  Standard and Poor's downgraded its unsolicited ratings on Italy by one notch to A/A-1 and kept its outlook on negative, a major surprise that threatens to add to concerns of contagion in the debt-stressed Euro zone.