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Moody's raises Colombia's debt rating to Baa3 - investment-grade territory - citing the...

  • Tuesday, May 31, 2011, 5:20 PM ET
    Moody's raises Colombia's debt rating to Baa3 - investment-grade territory - citing the government's ability to deal with shocks of all sorts and a good handling of the booming revenues coming in from the commodity boom. GXG +38.0% Y/Y.
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This news story has 2 comments:

  • Ratings company are useless. I am still not sure why these companies are in business.
    31 May 2011, 07:38 PM Reply Like
  • Actually I live in Colombia...from the USA...we are self contained..we have oil and gas..gold, silver, nickel, coal,....coffee, and flowers....we grow our own food..have fish....our beer and rum are great..a great workforce...we will sit back and watch the USA die...as we sell our products to Asia...for gold or silver.....no us dollars thank you..
    31 May 2011, 11:44 PM Reply Like
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