La cena de los 12 Apóstoles del Fin del Mundo del Rating Crediticio
Ya, sólo quedan los 12 apóstoles de la humanidad antes de que lleguen los mayas.
Buen fin de semana...QUIEN SERA JUDAS...ya os lo digo el REINO UNIDO TAMPOCO ES AAA y se lo bajará Fitch
France, Austria downgrade leaves 12 with top rating
PARIS, Jan 13, 2012 (AFP)
Only 12 countries will hold a triple-A credit score from all three major ratings agencies once Standard & Poor's downgrades France and Austria, a move EU government sources said Friday is imminent.
Europe will still count nine: Britain, Denmark, Finland, Germany, Luxembourg, Netherlands, Norway, Sweden and Switzerland.
However that could soon be down to two as Moody's warned on December 12 that it plans to review the ratings of all European Union countries, not just the countries that share the euro, in the first quarter of 2012.
The other countries which still hold AAA ratings from Fitch, Moody's and S&P are Canada, Singapore and Australia. Hong Kong, a special administrative region of China, also holds triple-A ratings.
The S&P move puts France and Austria in a group of over a dozen countries which hold at least one AAA rating, including the world's top economy the United States.
S&P delivered the United States its first-ever ratings cut, stripping it of its vaunted AAA on August 5 last year because of growing debt and deficit levels.
It also said it expected that rival Democrat and Republican politicians would not be able to reach any major deal on deficit-cutting measures before the November 2012 presidential election.
While holding an AA+ from S&P, the United States still has a top rating from Moody's and Fitch, although all of them have warned Washington it is at risk of a downgrade.
The situation is diverse among the rest of the Group of 20 top economies as it includes emerging nations that have enjoyed the strongest growth in recent years.
Here is a table of the ratings of the remaining G20 nations with investment-grade ratings, with the outlook:
S&P Moody's Fitch
Brazil BBB stable Baa2 positive BBB stable
China AA- stable Aa3 positive A+ stable
India BBB- stable Baa3 stable BBB- stable
Japan AA- negative Aa3 stable AA negative
Mexico BBB stable Baa1 stable BBB stable
Russia BBB stable Baa1 stable BBB positive
Saudi Arabia AA- stable Aa3 stable AA- stable
South Africa BBB+ stable A3 stable BBB+ negative
South Korea A stable A1 stable A+ stable
Ratings below BBB- or Baa3 countries are considered as below investment grade, or speculative, with their debt often referred to as "junk" by traders.
Eurozone members Ireland and Portugal have at least one non-investment grade rating.
G20 members Argentina, Indonesia and Turkey also have at least one non-investment grade rating.
Eurozone member Greece, which has seen its ratings repeatedly downgraded since it triggered the eurozone debt crisis last year, has a rating equivalent to that of a partial default from S&P (CC with negative outlook) and Fitch (CCC). Moody's has it one level above a default at Ca.
