JOC Staff | Nov 27, 2012 9:25AM EST
Global credit insurer Coface recently revised its Country Risk Ratings for 31 countries and reported global growth will be 2.6 percent for 2012.
Rate changes included putting Belgium, France and the Netherlands on negative watch; downgrading Australia and New Zealand from A1 to A2, and demoting the U.S. from positive watch to flat.
Growth in the eurozone will drop 0.3 percent, but growth in emerging countries will increase 4.7 percent.