Economy - Voice of America: Rating Agency Concerned About Worsening Credit Outlooks

Economy - Voice of America economy-and-business

Rating Agency Concerned About Worsening Credit Outlooks Jul 24th 2012, 11:35 A major financial services agency says ongoing worries over the eurozone crisis and a recent increase in negative credit outlooks continue to hamper the global economic recovery. The New York-based financial ratings agency Fitch Ratings said in a report Tuesday that negative credit outlooks roughly doubled in the last six months in the sovereign, international public finance, insurance, and financial institution sectors. At the root of the problem, the agency says, is the deepening European ... Media files: 0CF43259-804F-45E1-91BD-608E5A0C1C11_cx0_cy6_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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