[ad_1]
(Photo by Vittaya Prasunsingh/Getty Images)
LONDON, May 22 – From Brazil, Nigeria and Turkey to even some of the riskiest emerging markets such as Egypt and Zambia, evidence is growing that a decade-long trend of deteriorating sovereign credit ratings is finally beginning to reverse.
Economists watch ratings because they affect a country’s borrowing costs, and many are now highlighting shifts that appear inconsistent with the usual warnings of rising debt pressures.
South Africans need to be informed if we want to create a prosperous future. News24 has been providing news to the nation for 25 years and we are about to enter a new chapter of fearless journalism. Join us for a free subscription trial to unlock this story and a world of news designed to inform, empower and inspire.
[ad_2]
Source link
