Tuesday, December 15, 2020 2:20:37 PM
Moody's announces completion of a periodic review of ratings of Mali
You have to register and/or pay for their service but Mali's credit rating was downgraded to a "negative outlook" and Caa1 after the coup earlier this year.
Caa1
A rating within speculative grade Moody's Long-term Corporate Obligation Rating. Obligations rated Caa1 are judged to be of poor standing and are subject to very high credit risk. Rating one notch higher is B3. Rating one notch lower is Caa2
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Certainly not a place where any serious investor would want to have their gold stored.
It's easier for rich man to go through the eye of needle than it is for a camel to get into heaven.
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