The BRICS have given South African president Jacob Zuma enough cover to criticize the major credit-ratings firms — Quartz

South Africa’s economy is struggling. The country barely escaped junk status when the major ratings firms assessed South Africa earlier this year. But asked by opposition lawmakers about how he would handle a credit downgrade, president Jacob Zuma was unfazed, and suggested that perhaps it’s time to assess the assessors instead. “The manner in which…

via The BRICS have given South African president Jacob Zuma enough cover to criticize the major credit-ratings firms — Quartz

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