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Credit ratings: new EM challenger
David It’s not the first time that somebody from the emerging markets has tried to challenge the dominance of the world’s three big credit rating agencies – S&P, Moody’s and Fitch. But a consortium...
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Another thumbs down for OGX
The bad news just keeps on coming for OGX Petróleo e Gas Participações, the fledgling oil company owned by Brazilian billionaire Eike Batista. Having already tired the patience of both its shareholders...
View ArticleFitch upgrades Colombia
Another vote of confidence for Colombia: on Tuesday, Fitch Ratings, the credit rating agency, upped its foreign debt rating to ‘BBB’, putting Colombia in the same league as Brazil, although behind...
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Moody’s: bullish on Peru
Peru’s economy may have slowed, but here’s a vote of confidence: Moody’s Investors Service, the credit rating agency, has upped the Andean country’s sovereign rating two notches to A3 from Baa2 and...
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