WITH the downgrade in the US credit rating, the crucial role of credit rating agencies has resurfaced this time in a favourable light.
While some quarters downplay its impact, others point out that it serves as a reminder and form of pressure for the US to seriously and speedily address its massive debt problem.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!