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Tag Archives: standard and poors

The Unchallenged Power of the Rating Agencies

The Unchallenged Power of the Rating Agencies

In this bleak economic era, the only constants that have prevailed throughout the most part of the global financial crisis are risk and uncertainty. On January 12th, Standard and Poor’s downgraded France, joint-chief compere of the Eurozone’s economic horror show and its second largest economy. The very same day, the economies of Spain, Italy, Portugal […]

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