Tag: Moody's

Moody’s: Russia defaulted on foreign debt for the first time in a century

"Russia has defaulted on its external debt for the first time in a century after confirming that bondholders have not received $100 million in...

Egypt faces downgrade for first time since 2013

Egypt's economic crisis has weighed on its credit rating after Moody's changed its outlook to negative instead of stable, but kept the rating at...

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