| Title: | Difficult Times Will Test Prudence Of Asian Sovereigns, Report Says |
| Price: | $100.00 |
| Publication Date: | May 05, 2008 |
| Report Type: | News |
| Abstract: | SINGAPORE (Standard&Poor's) May 6, 2008--Although many Asian sovereigns are likely to remain resilient in this difficult environment, the risk is a few governments may lack prudence in addressing increased inflationary pressures, said Standard&Poor's Ratings Services in a report. The report, titled "When Times Call For Prudence, Will Asian Sovereigns Show It?", said that while the economies and sovereigns in the region have generally shown resilience, divergences have started to surface. "Standard&Poor's rates 17 sovereigns in Asia, and the credit outlook is still predominantly stable, with somewhat lower positive momentum due to the heightened risks," said Standard&Poor's credit analyst, Elena Okorotchenko. "The potential negative effects from U.S. housing and economic problems on Asia |
| Brief Excerpt: | RESEARCH Ratings Definitions Difficult Times Will Test Prudence Of Asian Sovereigns, Report Says Publication date: ##-May-#### Primary Credit Analyst: Elena Okorotchenko, Singapore (##) ####-####; elena_okorotchenko@standardandpoors.com... |
| Word Count: | 756 |
| Sector: | Global Issuers, Sovereigns |
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