Moody’s strikes Suriname with downgrade

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Moody’s strikes Suriname with downgrade

Oliver West
February 21, 2018 07:00 am
Suriname, Goslar, German ship, Paramaribo, LatAm
View of the wreckage of the German cargo ship 'Goslar', which sunk in 1940 outside Paramaribo, Suriname, 24 November 2017. During Hitler's invasion of the Netherlands 77 years ago, the cargo ship 'Goslar' was destroyed at the coast of Suriname. Photo: Georg Ismar/dpa | Georg Ismar/DPA/PA Images

South America’s smallest nation, Suriname, suffered a rating downgrade late on Tuesday, due to Moody’s fears of a further erosion in the country’s fiscal metrics.

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Oliver West
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