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 August jobs report: Unemployment rate falls to 4.2%, labor market adds 142,000 jobs READ MORE U.S. Dollar Stabilizes After Better-Than-Expected GDP Report READ MORE Gold Soars to Record Heights: What's Driving the Precious Metal's Rally? READ MORE Record Gold Buying by Central Banks Expected to Continue, According to TDS READ MORE Stocks Head For Worst Week Since March 2023 READ MORE Add a Comment Cancel replyYour email address will not be published.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