US Covertly Fires Another Economic Shot At Turkey’s Financial Independence Through Western Credit Rating Agencies…Turkey’s Long-Term Credit Rating Downgraded to B1 Level – Moody’s Investor Services

 

Notice how every time America can’t bring to yield her eyed nation in opposition to her dictates, she uses her Western lead organizations to put pressure on them and even direct them to commence with economic warfare on them? All we have to do look at China, Russia, Iran, and Turkey on multiple occasions.

She has done it to each other above nation on many occasions. Whenever she can’t force them to submit to her dictates out of the blue organizations such as “human rights watch,” “White helmets,” and credit organizations like Moody’s & Fitch and others out of the blue downgrades their credit worthiness.

Think about it. They won’t downgrade America’s credit worthiness. America is the largest and greatest debtor nation in the history of the world and yet no downgrade even as scholars alike admit that America’s debt problem has no mathematical way of being paid off.

Let that sink in. So when you think about it, as Turkey and America goes back and forth over Syria, over her ties to Iran, and her new found respect for Russia in defiance to Imperial dictates, one can clearly see that this is just another shot fired by the Empire as she lose footing geopolitically and politically the world over.

A Moody's sign on the 7 World Trade Center tower is photographed in New York in this file photo from August 2, 2011.

Turkey’s Long-Term Credit Rating Downgraded to B1 Level – Moody’s Investor Services

© REUTERS / Mike Segar/Files
Business

WASHINGTON (Sputnik) – Turkey’s long-term credit and unsecured bonds rating levels have been downgraded to B1 and (P)B1, Moody’s Investor Services announced in a statement.

“Moody’s Investors Service (Moody’s) has today downgraded the government of Turkey’s long-term issuer ratings to B1 from Ba3 and has maintained the negative outlook,” the financial ratings agency said in a report on Friday.

Turkey’s senior unsecured bond ratings and senior unsecured shelf ratings have also been downgraded to B1 and (P)B1 respectively from Ba3 and (P)Ba3, the report added.

Also, “Moody’s has downgraded to B1 from Ba3 the backed senior unsecured bond ratings of Hazine Mustesarligi Varlik Kiralama AS, a special purpose vehicle wholly owned by… from which the Turkish Treasury issues sukuk lease certificates, and has maintained the negative outlook,” the agency said.

The downgrade expresses Moody’s assessment view that the risk of a balance of payments crisis in Turkey continues to rise with the concurrent danger of a government default, the report explained.

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