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On July 17th, Moody's, a credit-rating agency, gave warning that it was considering downgrading South Africa's sovereign debt to sub-investment grade, a move that would deter much-needed foreign investment.
ECONOMIST: South Africa
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The Bank of England, the OECD, the IMF and credit-rating agencies have all given warning that such deficits are unsustainable.
ECONOMIST: Bashing the rich is bad politics and rotten economics
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Fitch Ratings has downgraded China's sovereign credit rating, warning about a credit build-up in the economy that could threaten the recovery.
BBC: Fitch cuts China local currency debt rating
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The need for that was reinforced this week by a warning from Fitch, a credit-rating agency, that Britain was the big economy most at risk of losing its prized triple-A status as a sovereign borrower.
ECONOMIST: There are promising signs that the economy is improving
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Earlier this month, Fitch Ratings lowered its rating on China's local-currency government debt, warning of a credit buildup.
WSJ: IMF's Asia Chief Anoop Singh Says China Slowdown Fears Overblown