S&P Lowers Colombia's Rating to BB-: What Does This New Blow to the Economy Mean?
The Colombian economy received bittersweet news this Wednesday, April 8. The rating agency Standard & Poor's (S&P) announced the downgrade of...
TL;DR
- S&P announced a downgrade of Colombia's credit rating.
- The news was described as bittersweet for the Colombian economy.
- The downgrade occurred on Wednesday, April 8th.