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	<title>Comments on: How does a nation have a credit rating and what authority decides?</title>
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		<title>By: pajoelo</title>
		<link>http://fix-credit-rating.net/credit/how-does-a-nation-have-a-credit-rating-and-what-authority-decides/#comment-483</link>
		<dc:creator>pajoelo</dc:creator>
		<pubDate>Sat, 17 Jul 2010 05:18:13 +0000</pubDate>
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		<description>&lt;a href=&quot;&quot;&gt;Amy&lt;/a&gt;


There is no authority as such, it&#039;s the international credit rating firms that rate nations: Standard and Poor&#039;s, Moody&#039;s and Fitch. In general, these firms analyze the financial figures of the nation (government): the debt, the income, pension systems, tax reforms and status, etc; and based on these they rate the nation. For example, Mexico is now BBB+ and if a pensions reform is passed, it would climb up to A-.</description>
		<content:encoded><![CDATA[<p><a href="">Amy</a></p>
<p>There is no authority as such, it&#8217;s the international credit rating firms that rate nations: Standard and Poor&#8217;s, Moody&#8217;s and Fitch. In general, these firms analyze the financial figures of the nation (government): the debt, the income, pension systems, tax reforms and status, etc; and based on these they rate the nation. For example, Mexico is now BBB+ and if a pensions reform is passed, it would climb up to A-.</p>
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