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Panama Inches Towards S&P High Grade

Nov 10, 2009

S&P has revised the outlook on Panama’s BB+ rating to positive from stable following fiscal reform and resilience to global crisis. "The positive outlook reflects Panama's solid growth prospects as well as an improving fiscal outlook that could strengthen the...

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It’s going to be a tough road for [Maduro]. Given the blow to Chavismo with the death of Chavez, there is a real likelihood of some form of real change in Venezuela.

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