Both Moody's and S&P downgraded Turkey, highlighting a weakening lira and high debt levels.
Moody’s, Standard & Poor’s and Fitch — these rating giants, along with multinational financial institutions, downgraded Turkey’s economic outlook. So how did Turkey turn things around?
Amazon plans to construct its second headquarters in Northern America which could create 50,000 new jobs.
Hours after the British PM set out plans for UK's relationship with EU, Moody’s cut the rating to Aa2 from Aa1, underscoring the economic risks that leaving the bloc poses for the world’s fifth-biggest economy.
Deputy Prime Minister Numan Kurtulmuş has dispelled concerns of instability, saying the Turkish economy is on track.
Moody's credit rating agency makes no changes to Turkey's 'Baa3' rating and its negative outlook
As slowdown in Chinese economy continues to fuel concerns in global economy, credit rating agency Standard & Poor's joins another major agency Moody's in downgrading country's credit outlook
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