Tag: Fitch
Note from Fitch to CBRT: Slow Approach in Interest Rates and Policies May Damage Confidence!
International rating agency Fitch has published a report evaluating the new Turkish economy management, policies led by Mehmet Şimşek and Hafize Gaye Erkan. The report stated that the Turkish government…
EU has to pay billions in additional interest
Johannes Hahn and Ursula von der Leyen The EU budget commissioner does not expect the EU to lose its top credit rating. (Photo: AP) Brussels The EU Commission has to…
Türkiye statement from Fitch: Not the dollar, but the interest may be an anchor
International credit rating agency Fitch Ratings announced that it expects the policy rate to become a tool for policy makers again in Turkey. “We expect the policy rate to become…
Turkish Economic Policy: The Difficult U-turn
Istanbul As soon as the new Turkish finance minister is in office, numerous indicators are moving in the right direction: Since the re-elected head of state Recep Tayyip Erdogan presented…
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…
Stock market slide? Skeptics expect a fall to 12,000 points
The Frankfurt Stock Exchange Europe’s stock markets have seen respectable price gains in recent months – but many experts do not trust the upswing. (Photo: Reuters) Frankfurt Many stock exchanges…
Emerging and developing countries are threatened with a “wall of debt” of 39 billion dollars
Dusseldorf Around $30 billion: That is the sum of the debt that the 160 emerging and developing countries will have to refinance in 2024 alone. In 2025, according to an…
Stock market slide? Skeptics expect a fall to 12,000 points
The Frankfurt Stock Exchange Europe’s stock markets have seen respectable price gains in recent months – but many experts do not trust the upswing. (Photo: Reuters) Frankfurt Many stock exchanges…
Agreement on debt deal – it’s going to be so turbulent now
Joe Biden The US President and the Speaker of the House of Representatives have reached an agreement in the debt dispute. (Photo: Reuters) Washington The US Congress has only a…
Preliminary agreement reached in dispute over debt ceiling
Kevin McCarthy The leader of the House of Representatives wants to speak to the press in the evening. (Photo: AP) Washington President Joe Biden and Republican Kevin McCarthy have achieved…
Agreement in debt dispute “very close”
Kevin McCarthy The leader of the House of Representatives addressed the press on Saturday. (Photo: dpa) Washington The leading Republican in the US Congress, Kevin McCarthy, sees good chances for…
Bosch places largest bond in company history
Bosch The world’s largest automotive supplier is raising fresh money for its investments with a billion-dollar bond issue. (Photo: dpa) Stuttgart At 4.5 billion euros, Bosch has placed the largest…
Dax closes slightly in the red on Thursday
Dusseldorf Burdened by poor economic figures, the leading German index recorded a minus of 0.3 percent on Thursday. In the first hours of trading, the Dax lost 0.7 percent. At…
Dax in the afternoon without impulses – the 16,000 point mark is a long way off
Dusseldorf Burdened by poor economic figures, the leading German index started Thursday with losses. In the first hours of trading, the Dax temporarily lost 0.7 percent. At noon he compensated…
Dax stabilizes at midday but remains far from 16,000 points
Dusseldorf Burdened by poor economic figures, the leading German index started Thursday with losses. In the first hours of trading, the Dax temporarily lost 0.7 percent. Then it compensated for…
Dax builds on the losses of the previous day and moves away from the 16,000 point mark
Dusseldorf Burdened by poor economic figures from Germany, the leading German index started Thursday with losses. Accordingly, Germany slipped into a recession in the first quarter. Half an hour after…
“We don’t want to end up like Germany” – Ron DeSantis’ bumpy start to the campaign
Washington The campaign for the man who wants to be President of the United States began with a feedback loop. A squeak, a sonic noise, then nothing for a long…
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…
How Tim Höttges makes Telekom look better than it is
Telekom T The idiosyncratic structure of the group becomes a problem. Under CEO Timotheus Höttges, the former state-owned company grew to unprecedented heights – in terms of both profit and…
How Tim Höttges makes Telekom look better than it is
Telekom T The idiosyncratic structure of the group becomes a problem. Under CEO Timotheus Höttges, the former state-owned company grew to unprecedented heights – in terms of both profit and…