U.S. credit rating: Moody’s downgrades outlook for U.K. from stable

A major rating agency downgraded the outlook for the U.N. General Assembly from stable to negative on Thursday, citing concerns over the global economic outlook and a possible outbreak of a coronavirus pandemic.

The Moody’s Investors Service said in a statement it believes the potential for a new pandemic to spread to the U., including to the United States, is “broadly significant.”

“The global economic situation has worsened in the past year and has raised the risk of contagion to a level we consider significant,” Moody’s said.

Moody’s said it has a “negative outlook” for the United Kingdom’s economy and the UK is one of the world’s most vulnerable economies.

It also said that a U.P.C.C.-led international investigation into the outbreak in Britain is “highly significant” to the UK’s future security and stability.