Tag Archives: Downgrade

Fitch eyes South Africa downgrade; Perils of please-all economics; Counting the world’s wealthy

1 Fitch eyes South Africa downgrade (BBC) Credit ratings agency Fitch has warned South Africa that its credit rating may be lowered following a five-month platinum strike in the country. Fitch was followed by Standard & Poor who also downgraded … Continue reading

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New forces driving world economic order; Fitch hints at US downgrade; India Dalits fight caste with capitalism; Facebook dreams of being a blue chip

1 The Guardian on new forces driving world economic order – one in which ‘rich’ countries run deficits and ‘poor’ countries accumulate assets. A new economic order is taking shape before our eyes, and it is one that includes accelerated … Continue reading

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Downgrade tremors for financial institutions; Why India needs western supermarkets; Global, not Arab, spring; Indian infatuation with the state; No appetite for reform in India

1 The New York Times on more banks being downgraded. Standard & Poor’s on Tuesday downgraded some of the world’s largest financial institutions, another blow to an industry that continues to struggle three years after the darkest hours of the … Continue reading

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