NewsWhore
02-10-2012, 12:30 PM
Egypt Credit Rating Cut by S&P Citing Plunge in Country's Foreign Reserves (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH57kOofj8X50qeISOF0O_X-uWQ4Q&url=http://www.bloomberg.com/news/2012-02-10/egypt-credit-rating-cut-by-s-p-citing-plunge-in-country-s-foreign-reserves.html)
Bloomberg
S&P lowered the ratings on long-term foreign- and local- currency debt to B, five steps below investment grade, from B+, according to an e-mailed statement from London today. The outlook was negative, suggesting the next move may be another cut.
and more » (http://news.google.com/news/more?ned=us&ncl=dnEe9-6DbzEJNpM)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH57kOofj8X50qeISOF0O_X-uWQ4Q&url=http://www.bloomberg.com/news/2012-02-10/egypt-credit-rating-cut-by-s-p-citing-plunge-in-country-s-foreign-reserves.html)
Bloomberg
S&P lowered the ratings on long-term foreign- and local- currency debt to B, five steps below investment grade, from B+, according to an e-mailed statement from London today. The outlook was negative, suggesting the next move may be another cut.
and more » (http://news.google.com/news/more?ned=us&ncl=dnEe9-6DbzEJNpM)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH57kOofj8X50qeISOF0O_X-uWQ4Q&url=http://www.bloomberg.com/news/2012-02-10/egypt-credit-rating-cut-by-s-p-citing-plunge-in-country-s-foreign-reserves.html)