S&P says it’s thinking of downgrading Catalonia’s debt rating

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The international credit rating agency Standard & Poors said it may downgrade the sovereign debt rating of Catalonia in the next three months as tensions with Madrid escalate over the region’s push for independence.

“S&P Global Ratings placed its ratings on the Aútonomoús Commúnity of Catalonia on CreditWatch with negative implications,” the rating agency said in a statement released late  …