African Union to create own credit rating agency

[ad_1] The group believes international credit rating agencies have been giving erroneous ratings to African countries. The African Union (AU) plans to launch its own sovereign credit rating agency next…

Fitch’s move to downgrade US credit rating angers the White House

[ad_1] The White House has reacted sharply to a move by Fitch to downgrade the United States’ credit rating, describing it as “arbitrary”. Ratings agency Fitch downgraded the United States’…