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Moody's cuts Ukraine rating on rising political crisis

Rating firm Moody's again lowered Ukraine's credit rating by a notch, citing the "escalation" of its political crisis, and put the country on a "negative" outlook for further cuts. Moody's pushed the country's rating further into speculative territory, to "Caa3" from "Caa2" -- a one-notch move matching the rating firm's prior downgrade in January. jt/vs/nss

Moody's puts Russia on review for downgrade

Moody's put Russia's credit rating on review for a possible downgrade Friday, saying the Ukraine crisis could exacerbate its already troubled economy. The ratings agency's Investor Service said that if the review confirms that Russia's economic strength is being eroded by the situation, it could lead to a one-notch cut in the country's Baa1 rating. The current crisis "could significantly dampen investor sentiment for several years to come by adding to existing deterrents to investment posed by Russia's weak rule of law and high levels of corruption," Moody's said.

Moody's puts Russia on review for downgrade

Moody's put Russia's credit rating on review for a possible downgrade Friday, saying the Ukraine crisis could exacerbate its already troubled economy. Moody's said it "expects that the increased economic uncertainty triggered by the conflict with Ukraine will contribute to an economic GDP contraction of around 1.0 percent in 2014, against pre-crisis expectations of growth of around 2 percent." pmh/vlk

Moody's cuts Argentina rating, citing reserves fall

Moody's lowered its credit rating for Argentina by one step Monday, citing a sharp fall in the country's reserves and inconsistent economic policies. Moody's cut the rating to Caa1 from B3, putting it in the mid-range of "speculative" or junk bonds, and also lowered its outlook for Argentina to negative from stable -- a warning that it could face another downgrade. pmh/adm

Moody's cuts Argentina rating, citing reserves fall

Moody's lowered its credit rating for Argentina by one step Monday, citing a sharp fall in the country's reserves and inconsistent economic policies. Moody's cut the rating to Caa1 from B3, putting it in the mid-range of "speculative" or junk bonds. The agency also cut its outlook for Argentina to negative from stable -- a warning that the country could face another downgrade.

Moody's cuts Argentina rating, citing reserves fall

Moody's lowered its credit rating for Argentina by one step Monday, citing a sharp fall in the country's reserves and inconsistent economic policies. Moody's cut the rating to Caa1 from B3, putting it in the mid-range of "speculative" or junk bonds. The agency also cut its outlook for Argentina to negative from stable -- a warning that the country could face another downgrade.

Moody's raises outlook for European Union to stable

Moody's raised its rating outlook for the European Union to stable from negative Friday, citing the improvement of its members' finances and falling risks from the eurozone debt crisis. Moody's affirmed the EU's top-flight Aaa rating and said the main reason for the outlook change is "the improvement in the credit standing of the largest shareholders that the EU relies on" in crises. It pointed to the improved ratings of Belgium, Germany, Italy, the Netherlands and Spain, countries whose ratings outlooks have recently turned stable or positive.

Moody's raises outlook for European Union to stable

Moody's raised its rating outlook for the European Union to stable from negative Friday, citing the improvement of its members' finances and falling risks from the eurozone debt crisis. The main reason for the change is "the improvement in the credit standing of the largest shareholders that the EU relies on" in crises, including the improved ratings of Belgium, Germany, Italy, the Netherlands and Spain, Moody's said. pmh/oh

Moody's raises outlook for European Union to stable

Moody's raised its rating outlook for the European Union to stable from negative Friday, citing the improvement of its members' finances and falling risks from the eurozone debt crisis. Moody's affirmed the EU's top-flight Aaa rating and said the main reason for the outlook change is "the improvement in the credit standing of the largest shareholders that the EU relies on" in crises. It pointed to the improved ratings of Belgium, Germany, Italy, the Netherlands and Spain, countries whose ratings outlooks have recently turned stable or positive.

Moody's boosts outlook for Netherlands, Belgium

Moody's raised its credit outlook for the Netherlands and Belgium on Friday, elevating both to stable from negative as the eurozone economy improves. The Netherlands kept its top-level Aaa rating, while Belgium was three levels down at Aa3. Moody's said the Netherlands outlook improved because it was less likely to be called on to help fund rescues of weaker eurozone countries, including troubled Italy and Spain.
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