Chile's GDP To Expand Moderately In 2017: IMF

Chile’s economy is set to expand moderately next year, the International Monetary Fund said Friday. The Executive Board of the IMF said gross domestic product is forecast to grow 2 percent next year after expanding 1.7 percent this year. Faster growth in main regional partners and more stable copper prices ...

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Fitch Lowers Mexico's Rating Outlook To Negative

Fitch Ratings downgraded Mexico’s rating outlook to ‘negative’ from ‘stable’, while the rating was affirmed at ‘BBB+’. The revision in outlook reflected increased downside risks to the country’s growth outlook and the challenges this could pose for stabilization of the public debt burden. The victory of Donald Trump in the ...

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Fitch Affirms Sovereign Ratings Of UK, France

Fitch Ratings maintained the sovereign ratings of the U.K. with a ‘negative’ outlook, while France’s rating was affirmed with ‘stable’ outlook. The agency kept the U.K.’s credit rating at ‘AA’ on Friday. The ratings balance a high-income, diversified and advanced economy against comparatively high public sector indebtedness, the agency said. ...

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