S&P joins Fitch in downgrade of Ethiopia on potential debt restructuring ...Egypt

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S&P joins Fitch in downgrade of Ethiopia on potential debt restructuring
S&P Global Ratings on Friday downgraded Ethiopia's long-term foreign and local currency sovereign credit ratings to 'B-' from 'B' on potential debt restructuring, announcing the move days after Fitch Ratings downgraded the country. "Exacerbated by the effects of the COVID-19 pandemic, Ethiopia's (...)

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