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The S&P is wrong about Manmohan and Sonia

May 30, 2015    

Standard & Poor's has warned India its sovereign debt rating could fall from investment grade. A debt rating is a score given to countries and companies, marking them on how secure the debt that they issue is. S&P has been aggressively downgrading countries in the recent past, and there was surprise when they cut the rating of the United States a few months ago from AAA to AA+.

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