Tag: Country rating
Fitch leaves US credit outlook negative
Rating agency Fitch The rating agency leaves the outlook for the USA negative. (Photo: dpa) Washington The rating agency Fitch continues to threaten the world’s largest economy, the USA, with…
Fitch threatens to downgrade USA’s top rating
U.S. dollar Without an agreement on the debt ceiling, the United States is threatened with default. (Photo: Reuters) Washington, NY The rating agency Fitch takes a somewhat more critical view…
Greece’s credit rating: Investment grade rating delayed
Greece Greek debt securities are still classified as “non-investment grade” by the major rating agencies. (Photo: dpa) Athens Greek Finance Minister Christos Staikouras is feeling the effects of rising interest…
Rating agency S&P downgrades Great Britain after tax cut plans
London The rating agency S&P has lowered the outlook of its AA rating for British government debt from stable to negative. The US rating agency was thus reacting to a…
Russia does not want to issue any bonds for the time being
Kremlin chief Vladimir Putin Russia has announced that it will no longer issue government bonds for the time being. (Photo: AP) Moscow, Frankfurt In view of the economic sanctions imposed…
Russia does not want to issue any bonds for the time being
Kremlin chief Vladimir Putin Russia has announced that it will no longer issue government bonds for the time being. (Photo: AP) Moscow, Frankfurt In view of the economic sanctions imposed…
Moody’s lowers growth forecast for 2022
Moody’s headquarters in New York The rating agency warns of the consequences of the Russian war of aggression for banks. (Photo: Reuters) Frankfurt The protracted war in Ukraine has increasingly…
Russia The rating ban crosses an untouchable limit
US dollar ATM in Moscow From mid-April, rating agencies will no longer be able to rate Russia’s creditworthiness. (Photo: dpa) Bond ratings matter a lot. They decide which investors can…
Payday in Moscow – Investors are waiting for interest payments
Russian rubles The depreciation of the currency renders interest payments in rubles worthless. (Photo: action press) Frankfurt It is only a relatively small sum, but it is crucial for Russia’s…
Central Bank of Russia restricts foreign exchange trading
Central Bank of Russia On the other hand, there are no restrictions on exchanging foreign currencies for rubles. (Photo: Bloomberg) Moscow The Russian central bank imposes drastic restrictions on foreign…
Fitch sees Evergrande and Kaisa defaulting on payments
Beijing The heavily indebted Chinese real estate developer Evergrande continues to move towards the abyss. As the first of the major international rating agencies, Fitch further downgraded Evergrande and its…
Evergrande and Kaisa are about to default
Beijing The Chinese real estate developers Evergrande and Kaisa are on the verge of default. The rating agency Fitch set its rating for both companies to “Restricted Default” on Thursday…