December 01, 2008 at 15:53 PM EST
Global Credit Crisis Hurts India’s Economy More than Attacks
The pre-Thanksgiving terrorist attacks in Mumbai, India aren’t expected to hit the country’s broader economy or change the outlook on its sovereign debt, according to Standard & Poor’s RatingsXpress Credit Research. The major impact will be short-term and limited to tourism. But the global credit crisis may be another matter. In an update to its outlook for [...]
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