Fitch Ratings released its latest sovereign assessment this week Tuesday drawing attention even in such austere circles as Reuters. The noted news agency, careful not to make another gaffe, chose to run the Fitch statement verbatim. (Reuters infamously misquoted a minister a year ago, indicating that the offshore carbon estimates represented actual oil deposits. But they should not feel bad about the incident, the minister also did not have the foggiest of what he was reciting.)
Trying to locate country-specific statements on the Fitch website is like searching for the proverbial needle in a haystack. But eventually I managed to find the relevant report, although Fitch graciously indicates the region as "South Africa". Nevertheless, finding the report confirmed that Reuters really ran it verbatim.
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