US Credit Rating Downgraded over 'Weakening of Governance Standards'
9 Articles
9 Articles
The European credit rating agency Scope has reduced the creditworthiness of the US due to political risks. In addition to the rising debt burden, analysts criticize above all the power of the executive under President Trump.
The US is the richest country in the world. The European credit rating agency Scope still downgrades the creditworthiness of the United States: the cause is the governance of US President Trump.
The European agency Scope has lowered the US credit rating, and the auditors are complaining about a "scattering of the division of powers" under US President Trump.
US President Trump cannot accept this testimony: Scope, a credit rating agency, sees good reasons to devalue the country's creditworthiness. Her verdict: "Sunk standards in governance."
The European agency points to Washington's record debt, but also "the weakening of governance standards" in the country.
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