Contact Information: For more information, please contact: Michele Bickford mbickford@iiresearchgroup.com 212-224 3360
"Institutional Investor" Releases 2009 Country Credit Ratings
U.S. Creditworthiness Hits Record Low Among 177 Countries Surveyed
| Source: Institutional Investor
NEW YORK, NY--(Marketwire - March 11, 2009) - The U.S. sees its creditworthiness drop by 5.0
points, to 88.0, on a scale of zero to 100, as revealed in the semiannual
"Institutional Investor" 2009 March Country Credit Ratings survey. U.S. now
ranks number 15 among the 177 countries in the survey, one place behind
Belgium.
Creditworthiness has declined around much of the world, too, as the U.S.
subprime crisis has morphed into a global recession. Survey respondents
mark down nearly every industrialized country in North America, Western
Europe and Asia. Even most emerging-markets economies, which many had
thought immune to U.S. woes only a year ago, suffer significant declines.
To see the global credit rankings of all 177 countries surveyed in the 2009
March Country Credit Ratings, visit www.iimagazine.com.
The Country Credit Ratings developed by "Institutional Investor" are based
on information provided by senior economists and sovereign-risk analysts at
leading global banks and money management and securities firms. The
respondents have graded each country on a scale of zero to 100, with 100
representing the least likelihood of default.
For more information, please contact Michele Bickford at
mbickford@iiresearchgroup.com or 212-224 3360.
About Institutional Investor
Now entering its fifth decade, "Institutional Investor" has consistently
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For more information visit www.iimagazine.com.