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S&P downgrades Costa Rica to ‘B’ due to coronavirus and worsening accounts

According to S&P, Costa Rica's deficit could rise to 9% in 2020 without significant changes in 2021.

Pandemic leads Moody’s to drop Costa Rica’s ratings forecast

Costa Rica intends to grow industrial hemp, attract wealthy retirees, and encourage the science and health technology sectors as avenues for economic recovery. 

Deficit leads Moody’s to downgrade Costa Rica’s credit rating

Moody's Investor Services downgraded the Government of Costa Rica's long-term bond credit ratings to B2 from B1.

Brazil in crisis means 93 company downgrades just the beginning

Moody's Investors Service, Standard & Poor's and Fitch Ratings have dished out 93 corporate downgrades since Jan. 1, already more than in any full year since 2002, and they may not be done. Speculation is mounting that Moody's -- which met with officials in Brazil last week -- will lower the country's rating.

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