Moody’s bets are on Macri: upgrades Argentina’s debt rating to ‘stable’ from ‘negative’| glObserver Global Economics

“The outlook change is based on Moody’s view that shifts in the political climate are reducing the risk of investors suffering better than expected losses once a new government assumes power on 10 December 2015,” the agency said in a statement.

Sourced through from:

The agency believes after the first round of elections, “the likelihood of a break from the past is rising regardless of who ultimately wins the presidency.”

See on Scoop.itglObserver Americas


Author: globserver

Director of Eyecom china

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