Wednesday, July 20, 2016

Fitch: Sovereign Outlooks Highlight EM Challenges

(The following statement was released by the rating agency)

Link to Fitch Ratings' Report: The Credit Outlook

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=882173

LONDON, July 20 (Fitch) The negative trend in sovereign rating

Outlooks in the

year to date emphasizes the challenges faced by emerging market

(EM) issuers

dependent on oil and gas exports, Fitch Ratings says in a new

report. Negative

outlooks in Russia and Brazil result in ratings pressure on

financial

in

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