Wall Street down for fourth week on economic fears
The sell-off in Wall Street continued on Friday, with major indexes suffering losses for the fourth straight week, as concerns over European debt problems and U.S. economic strength haunted the market.
US Justice reviews SP rating of mortgage securities
The U.S. Justice Department is investigating whether Standard and Poor´s improperly rated dozens of mortgage securities in the year leading up to the financial crisis.
Standard & Poor´s is cutting the country´s top triple A rating by one notch to AA-plus. It´s making the move because the deficit reduction plan passed by US Congress on Tuesday did not go far enough to stabilize the country´s debt situation.
The move is likely to raise borrowing costs for the American government, companies and consumers.
Sovereigns Ratings
List of S&P (Updated in Aug. 2011) |
|||
Entity |
Domestic Rating |
Foreign Rating |
T&C Assessment |
|---|---|---|---|
A |
|||
|
Abu Dhabi (Emirate of) |
AA |
AA |
AA+ |
|
Andorra (Principality of) |
A |
A |
AAA |
|
Argentina (Republic of) (Unsolicited Ratings) |
B |
B |
B |
|
Aruba |
A- |
A- |
A- |
|
Australia (Commonwealth of) (Unsolicited Ratings) |
AAA |
AAA |
AAA |
|
Austria (Republic of) |
AAA |
AAA |
AAA |
|
Azerbaijan (Republic of) |
BB+ |
BB+ |
BBB- |
B |
|||
|
Bahamas (The Commonwealth of The) |
BBB+ |
BBB+ |
A- |
|
Bahrain (Kingdom of) |
BBB |
BBB |
BBB |
|
Bangladesh (People's Republic of) |
BB- |
BB- |
BB- |
|
Barbados |
BBB- |
BBB- |
BBB |
|
Belarus (Republic of) |
B |
B |
B |
|
Belgium (Kingdom of) (Unsolicited Ratings) |
AA+ |
AA+ |
AAA |
|
Belize |
B- |
B- |
B- |
|
Benin (Republic of) |
B |
B |
BBB- |
|
Bermuda |
AA |
AA |
AAA |
|
Bolivia (Plurinational State of) |
B+ |
B+ |
B+ |
|
Bosnia and Herzegovina |
B+ |
B+ |
BB |
|
Botswana (Republic of) |
A |
A- |
A+ |
|
Brazil (Federative Republic of) |
BBB+ |
BBB- |
BBB+ |
|
Bulgaria (Republic of) |
BBB |
BBB |
A |
|
Burkina Faso |
B |
B |
BBB- |
C |
|||
|
Cambodia (Kingdom of) (Unsolicited Ratings) |
B+ |
B+ |
BB- |
|
Cameroon (Republic of) |
B |
B |
BBB- |
|
Canada |
AAA |
AAA |
AAA |
|
Cape Verde (Republic of) |
B+ |
B+ |
BB |
|
Chile (Republic of) |
AA |
A+ |
AA |
|
China (People's Republic of) |
AA- |
AA- |
AA- |
|
Colombia (Republic of) |
BBB+ |
BBB- |
BBB+ |
|
Cook Islands |
BB- |
BB- |
AAA |
|
Costa Rica (Republic of) |
BB+ |
BB |
BBB- |
|
Croatia (Republic of) |
BBB- |
BBB- |
BBB+ |
|
Cyprus (Republic of) |
BBB+ |
BBB+ |
AAA |
|
Czech Republic |
A+ |
A |
AA |
D |
|||
|
Denmark (Kingdom of) |
AAA |
AAA |
AAA |
|
Dominican Republic |
B+ |
B+ |
BB |
E |
|||
|
Ecuador (Republic of) |
B- |
B- |
B- |
|
Egypt (Arab Republic of) |
BB+ |
BB |
BB+ |
|
El Salvador (Republic of) |
BB- |
BB- |
AAA |
|
Emirate of Ras Al Khaimah |
A |
A |
AA+ |
|
Estonia (Republic of) |
A |
A |
AAA |
F |
|||
|
Fiji Islands (Republic of) |
B |
B |
B |
|
Finland (Republic of) |
AAA |
AAA |
AAA |
|
France (Republic of) (Unsolicited Ratings) |
AAA |
AAA |
AAA |
G |
|||
|
Gabonese Republic |
BB- |
BB- |
BBB- |
|
Georgia (Government of) |
B+ |
B+ |
BB |
|
Germany (Federal Republic of) (Unsolicited Ratings) |
AAA |
AAA |
AAA |
|
Ghana (Republic of) |
B |
B |
B+ |
|
Grenada |
B- |
B- |
BBB- |
|
Guatemala (Republic of) |
BB+ |
BB |
BBB- |
|
Guernsey |
AAA |
AAA |
AAA |
H |
|||
|
Hellenic Republic |
CC |
CC |
AAA |
|
Honduras (Republic of) |
B |
B |
BB- |
|
Hong Kong (Special Administrative Region) |
AAA |
AAA |
AAA |
|
Hungary (Republic of) |
BBB- |
BBB- |
A- |
I |
|||
|
Iceland (Republic of) |
BBB- |
BBB- |
BBB- |
|
India (Republic of) (Unsolicited Ratings) |
BBB- |
BBB- |
BBB+ |
|
Indonesia (Republic of) |
BB+ |
BB+ |
BBB- |
|
Ireland (Republic of) |
BBB+ |
BBB+ |
AAA |
|
Isle of Man |
AAA |
AAA |
AAA |
|
Israel (State of) |
AA- |
A |
AA |
|
Italy (Republic of) (Unsolicited Ratings) |
A+ |
A+ |
AAA |
J |
|||
|
Jamaica |
B- |
B- |
B |
|
Japan (Unsolicited Ratings) |
AA- |
AA- |
AAA |
|
Jordan (Hashemite Kingdom of) |
BB+ |
BB |
BBB- |
K |
|||
|
Kazakhstan (Republic of) |
BBB+ |
BBB |
BBB+ |
|
Kenya (Republic of) |
B+ |
B+ |
BB- |
|
Korea (Republic of) |
A+ |
A |
AA- |
|
Kuwait (State of) |
AA |
AA |
AA+ |
L |
|||
|
Latvia (Republic of) |
BB+ |
BB+ |
BBB+ |
|
Lebanon (Republic of) |
B |
B |
BB- |
|
Liechtenstein (Principality of) |
AAA |
AAA |
AAA |
|
Lithuania (Republic of) |
BBB |
BBB |
A |
|
Luxembourg (Grand Duchy of) |
AAA |
AAA |
AAA |
M |
|||
|
Macedonia (Republic of) |
BB+ |
BB |
BB+ |
|
Malaysia |
A |
A- |
A+ |
|
Malta (Republic of) |
A |
A |
AAA |
|
Mongolia |
BB- |
BB- |
BB |
|
Montenegro (Republic of) |
BB |
BB |
AAA |
|
Montserrat |
BBB- |
BBB- |
BBB- |
|
Morocco (Kingdom of) |
BBB |
BBB- |
BBB+ |
|
Mozambique (Republic of) |
B+ |
B+ |
B+ |
N |
|||
|
Netherlands (State of The) (Unsolicited Ratings) |
AAA |
AAA |
AAA |
|
New Zealand |
AAA |
AA+ |
AAA |
|
Nigeria (Federal Republic of) |
B+ |
B+ |
B+ |
|
Norway (Kingdom of) |
AAA |
AAA |
AAA |
O |
|||
|
Oman (Sultanate of) |
A |
A |
AA- |
P |
|||
|
Pakistan (Islamic Republic of) |
B- |
B- |
B- |
|
Panama (Republic of) |
BBB- |
BBB- |
AAA |
|
Papua New Guinea (Independent State of) |
BB- |
B+ |
BB |
|
Paraguay (Republic of) |
B+ |
B+ |
BB |
|
Peru (Republic of) |
BBB+ |
BBB- |
BBB+ |
|
Philippines (Republic of) |
BB+ |
BB |
BB+ |
|
Poland (Republic of) |
A |
A- |
A+ |
|
Portugal (Republic of) |
BBB- |
BBB- |
AAA |
Q |
|||
|
Qatar (State of) |
AA |
AA |
AA+ |
R |
|||
|
Republic of Albania |
B+ |
B+ |
BB- |
|
Republic of Angola |
BB- |
BB- |
BB- |
|
Republic of Zambia |
B+ |
B+ |
B+ |
|
Romania |
BBB- |
BB+ |
BBB+ |
|
Russian Federation |
BBB+ |
BBB |
BBB |
S |
|||
|
Saudi Arabia (Kingdom of) |
AA- |
AA- |
AA+ |
|
Senegal (Republic of) |
B+ |
B+ |
BBB- |
|
Serbia (Republic of) |
BB |
BB |
BB |
|
Singapore (Republic of) (Unsolicited Ratings) |
AAA |
AAA |
AAA |
|
Slovak Republic |
A+ |
A+ |
AAA |
|
Slovenia (Republic of) |
AA |
AA |
AAA |
|
South Africa (Republic of) |
A |
BBB+ |
A |
|
Spain (Kingdom of) |
AA |
AA |
AAA |
|
Sri Lanka (Democratic Socialist Republic of) |
BB- |
B+ |
B+ |
|
Suriname (The Republic of) |
BB- |
B+ |
BB- |
|
Sweden (Kingdom of) |
AAA |
AAA |
AAA |
|
Swiss Confederation (Unsolicited Ratings) |
AAA |
AAA |
AAA |
T |
|||
|
Taiwan (Unsolicited Ratings) |
AA- |
AA- |
AA+ |
|
Thailand (Kingdom of) |
A- |
BBB+ |
A |
|
Trinidad and Tobago (Republic of) |
A |
A |
AA |
|
Tunisia (Republic of) |
BBB |
BBB- |
BBB |
|
Turkey (Republic of) |
BB+ |
BB |
BBB- |
U |
|||
|
Uganda (Republic of) |
B+ |
B+ |
BB |
|
Ukraine |
BB- |
B+ |
B+ |
|
United Kingdom (Unsolicited Ratings) |
AAA |
AAA |
AAA |
|
United Mexican States |
A- |
BBB |
A |
|
United States of America (Unsolicited Ratings) |
AA+ |
AA+ |
AAA |
|
Uruguay (Oriental Republic of) |
BB+ |
BB+ |
BBB |
V |
|||
|
Venezuela (Bolivarian Republic of) |
BB- |
BB- |
BB- |
|
Vietnam (Socialist Republic of) |
BB |
BB- |
BB |
