About: http://data.cimple.eu/news-article/e3c830cfc7d32f4e0f0e329a41c9a628c3d566ee02526eb71b5d33a7

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/e3c830cfc7d32f4e0f0e329a41c9a628c3d566ee02526eb71b5d33a7 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	S&P Global Ratings raised its debt grade for Argentina on Tuesday, acknowledging the agency made a mistake when it changed the rating in late December for the crisis hit country. S&P bumped the rating on foreign long-term debt to 'CCC-' from 'CC,' taking it up two notches from 'SD' and back to where it was prior to December 20 when the country was declared in default. After bumping the rating up a notch on December 30, 2019, "we identified that we had misapplied our criteria," S&P said in a statement. "We are now correcting this criteria misapplication." The credit outlook remains negative which "reflects the prominent downside risks to timely and full payment of debt per our criteria over the short term amid stressed economic and financial market dynamics." The government of new President Alberto Fernandez announced emergency measures late last month to stabilize the South American nation's economy which is suffering its worst economic crisis in years. He is seeking a debt restructuring from creditors, "which we expect is likely to be characterized as a distressed debt exchange," and an extension of the maturity of the loans, S&P said. Fernandez has described this crisis as almost as bad as that of 2001 -- when Argentina defaulted on a $100 billion debt. Its current foreign debt stands at around 90 percent of GDP. hs/ft
schema:headline	S&P raises Argentina debt rating, citing prior mistake
schema:mentions	External debt Alberto Fernández Gross domestic product Argentina United States President of the United States Distressed securities Standard deviation Debt restructuring Financial market S&P Global Microsoft Outlook
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-01-07 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	82 (xsd:integer)
http://data.cimple...tology#hasEmotion	anger

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 5 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software