The Latest: S&P cuts Turkey credit rating deeper into junk

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  • Source:
    Associated Press News Service, The, July 20, 2016 International, 7pp
  • Additional Information
    • Abstract:
      ANKARA, Turkey (AP) - The Latest on the situation in Turkey after the failed military coup last week (all times local): 7:10 p.m. Standard & Poor's has downgraded its credit rating for Turkey deeper into "junk" status, citing the failed coup and political turmoil. The rating agency lowered its main sovereign rating for Turkey to BB/B from BB+/B, both of which are considered junk...