Global Creditors Deeply Concerned with Debt Relief Ratings Global creditors engaged with major ratings agencies such as Moody’s, Fitch, and S&P Global Ratings to discuss the impact of debt relief provided to some of the world’s poorest nations. The focus was on how these actions affect credit ratings, particularly in light of the Debt Service Suspension Initiative (DSSI) which has been crucial since the COVID-19 pandemic. Countries seeking relief faced increased borrowing costs due to downgrade warnings, highlighting the need for a balanced approach to sovereign debt distress. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts From Tokyo to Istanbul: The World Reacts to a Surging US Dollar READ MORE Bitcoin Slumps to Four-Month Low Amid Selling Pressure Concerns READ MORE Ukraine's Air Defense Plea Intensifies After Devastating Missile Strike READ MORE Social Media Sparks Gold-Buying Frenzy in Iran READ MORE LBMA and WGC Push for Gold's Upgrade to HQLA Status Under Basel III READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment