Scope Ratings warns that a potential US government shutdown poses a negative risk to the country's 'AA' sovereign credit rating, citing rising political polarization, fiscal deficits, and threats to institutional independence.
#YonhapInfomax #ScopeRatings #SovereignCreditRating #USGovernmentShutdown #FiscalDeficit #PoliticalPolarization #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=84546
European Rating Agency Says US Government Shutdown Is a Negative Factor for Sovereign Credit Rating

Scope Ratings warns that a potential US government shutdown poses a negative risk to the country's 'AA' sovereign credit rating, citing rising political polarization, fiscal deficits, and threats to institutional independence.

Yonhap Infomax

The US credit ratings are surely under review
And Scope Ratings on Friday did justly accrue
A downgrade could be in store
And Wall Street potential be no more
Markets that had rallied could know a bad few
The American Dream at risk of being through
What will the future be? All we can do is review

#uscreditratings #scoperatings #finance #downgrade #poetry

https://www.reuters.com/markets/us/scope-ratings-places-us-credit-ratings-under-review-downgrade-2023-05-06/

Scope Ratings places US credit ratings under review for possible downgrade

Scope Ratings on Friday placed the United States of America's AA long-term issuer and senior unsecured debt ratings in local and foreign currency under review for a possible downgrade due to longer run risks associated with the misuse of the debt ceiling instrument.

Reuters