S&P Upgrades Indonesia Credit After Widodo Election Win

S&P upgrades Indonesia credit after Widodo election win: JAKARTA, Indonesia: Ratings agency Standard & Poor’s said Friday it has upgraded Indonesia’s sovereign credit rating following the election of Joko Widodo to a second term as president. The organization said the upgrade reflects Indonesia’s strong economic growth prospects, which “we expect to remain following the reelection of Joko Widodo recently.” The long-term rating was