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Fitch has downgraded a record number of sovereign ratings due to the coronavirus. It's not done yet

Fitch Ratings has taken negative rating action on 69 or 22% of its portfolio of 310 publicly rated Asia-Pacific (APAC) corporates since the beginning of March 2020.

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James McCormack, Fitch’s global head of sovereign ratings, said the agency will be watching whether governments can bring down their debt levels after economies emerge from the coronavirus pandemic.

Fitch Ratings’ recent downgrade of Canada’s issuer default rating (IDR) to ‘AA+’/Stable from ‘AAA’/Stable will not result in any downgrades to Canadian CMBS

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Fitch has downgraded a record number of sovereign ratings due to the coronavirus. It's not done yet

Fitch has downgraded a record number of sovereign ratings due to the coronavirus. It's not done yet via CNBC #news  #CNBC 

#Indianomics  | NBFC Sector has had 3 casualties in past 18 months. It’s too early to say worst is behind for NBFCs, says Fitch Ratings

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#NewsAlert | Indian economy to grow at 9.5% in next fiscal year: Fitch Ratings

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India Ratings and Research (Fitch Group) has revised India’s FY20 GDP growth to 6.7% (six-year low) from its earlier forecast of 7.3%. It expects FY20 to be third consecutive year of subdued growth. #UnfitGovtUnfitEconomy 

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CNN: U.S. potentially risks losing its triple-A credit rating if shutdown continues long enough, Fitch Ratings said. The head of sovereign ratings said if the shutdown continues to March 1 and complicates debt ceiling, “We may need to start thinking about the policy framework.”

"Malaysia's GDP growth in 2017 exceeded our expectations as it accelerated to 5.9% from 4.2% in 2016". Fitch Ratings today affirmed our Rating at 'A-' with a Stable outlook. Our economic plan has worked and is still working. We are on the right track !

Essar May Give ArcelorMittal India Foothold; Cost Unclear says Fitch Ratings and #Fitchwire 

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BREAKING: Ratings agency Fitch has downgraded South Africa to BB+ ('junk' status).

Ratings agency Fitch downgrades UK's credit rating to AA negative, following similar move by S&P, after Brexit vote.

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