Par Le 10 Jul 2022 07:45 Global ratings agency Fitch raised the outlook for the United States from “negative” to “stable” due to improving near-term government debt dynamics. That momentum is being spurred by a stronger-than-expected post-pandemic economic recovery, according to the agency, which says it expects government revenue to rise this year, helped by … Read more
Fitch lowered Turkey’s credit rating from B+ to B amid rising inflation. Inflation in Turkey rose to its highest level in 24 years, reaching 78.62% in June. Fitch confirmed its outlook at negative amid expectations of a slowdown in Turkey’s consumption in light of high inflation, a weak exchange rate and a decline in domestic … Read more
Original title: Bond market situation | Rating agency compliance in the first quarter released, Fitch adjusted Haidilao outlook to “negative” Sino-Singapore Jingwei, June 13 (Lei Zongrun) On the 13th, most of the Shibor short-end varieties went up. Overnight varieties rose by 0.5bp and reported 1.408%, 7-day period rose by 2.5bp and reported 1.7%, 14-day period … Read more
On March 15th, Fitch revealed that interest payments on Russian dollar-denominated bonds due on 16th would be equivalent to default (default) after the 30-day grace period, if made in local currency. I made it. The photo is a ruble banknote. 1 day shooting (2022 Archyde.com / Dado Ruvic) [New York, 15th Archyde.com]-Fitch will default on … Read more
Credit rating agency Fitch downgraded Russia’s debt rating again on Tuesday, a move that means the risk of a sovereign default is “imminent”. Fitch, like other major agencies S&P Global Ratings and Moody’s, had already placed the country’s long-term debt rating in early March in the category of countries likely to be unable to repay … Read more
Brussels, Moscow, London, New York Despite the efforts of the Europeans, the chance of a peaceful solution to the conflict with Russia over Ukraine is dwindling. Russian President Vladimir Putin has recognized the self-proclaimed People’s Republics of Donetsk and Luhansk in eastern Ukraine as independent states. The Kremlin chief signed a corresponding decree on Monday … Read more
The New York rating agency has changed its outlook on the operating environment of Moroccan banks from “negative” to “stable”, believing that the risks induced by the pandemic on this sector “have sufficiently attenuated”, as it specifies it in its note distributed this Friday, February 18, 2022. Fitch ratings delivered a rather reassuring diagnosis of … Read more
Frankfurt, Munich Persistently high inflation is becoming a massive cost driver for insurers and their customers. It is now becoming apparent that the sharp rise in raw material and procurement prices has noticeably increased the cost of compensating for damage. The result: Customers pay significantly more in some areas. “We see that the premiums have … Read more