Analysis: Upgrade crowns Turkey's peaceful rise but pitfalls loom
's achievement of investment-grade status crowns a decade of rapid growth, financial stability and political reform by a "tiger" economy on the seam of and Asia, but the rising power still faces pitfalls in a dangerous neighborhood. 's sovereign bonds to Baa3, or investment grade, from Ba1 late on Thursday, following in the footsteps of Fitch credit ratings agency, which took that step last November. was showcasing Turkey's global prestige on a visit to the White House, and in a week when the emerging nation of 75 million made a final loan ...
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