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S&P downgrades Ukraine's credit rating as default becomes ‘virtual certainty.'

by The Kyiv Independent news desk July 30, 2022 11:48 AM 1 min read
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S&P Global Ratings downgraded Ukraine from CCC+ to CC, meaning a negative outlook, after officials asked foreign creditors for permission to delay payments on its external debt. “We believe it is virtually certain that the Ukrainian government will stop payments on at least some foreign debt as currently documented,” S&P said on July 29.

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12:22 AM

Zelensky urges allies to increase pressure on North Korea.

Two North Korean brigades of up to 6,000 personnel each are currently undergoing training in Russia, Zelensky said in his evening address, citing military intelligence reports. "We expect a firm, concrete response from the world."
5:34 PM

Ukraine's Prosecutor General Kostin resigns.

"I am grateful to the president of Ukraine and Ukraine's Verkhovna Rada for their trust. But in this situation, I believe it is right for me to resign from the post of prosecutor general," he said.
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