Tag: Fitch
New warning signals from the European real estate market
Construction site in Stockholm The Swedish real estate market is coming under pressure. (Photo: Bloomberg/Getty Images) Frankfurt/Stockholm Anyone who asks supervisors and bankers these days about the biggest risks to…
A default by the USA would have these consequences for the world
US President Joe Biden and Speaker of the House Kevin McCarthy In order for the US Congress to raise the debt ceiling, Biden and McCarthy must find an agreement. (Photo:…
France has criticized Finance Minister Le Maire’s new novel
Bruno Le Maire The French Economy and Finance Minister has already published 13 books. (Photo: Reuters) Paris France’s finance and economy minister, Bruno Le Maire, has published his second novel…
Unions hope for negotiations on pension reform
May Day demonstration in Paris Hundreds of thousands demonstrated across France against the pension reform. (Photo: AP) Paris The announcements ahead of this year’s Labor Day were big in France:…
“The direction is right”: US inflation rate continues to decline
New York, Dusseldorf America’s central bankers would have liked clearer signals. But the US economy continues to be so inconsistent that the Fed could be forced to raise interest rates…
Public insurers could be forced to merge
Frankfurt, Munich The sharply rising costs could lead to mergers among public insurers. According to the rating agency Fitch, many providers are under increasing pressure to generate earnings. Against this…
How card payments could help Greece reduce debt
ATM in Athens Cash is losing popularity in Greece. (Photo: AFP/Getty Images) Athens From shopping in the supermarket to a new fridge or television to a piece of property –…
Turnaround in interest rates with record debt: Japan starts new experiment
Kazuo Ueda Kazuo Ueda took office this Saturday and the challenge could not be greater. (Photo: REUTERS) Tokyo Negative interest rates, record debt, record budget: the new governor of the…
Big US banks are helping the ailing First Republic Bank
Traders on the New York Stock Exchange First Republic Bank stock fell more than 30 percent on Wednesday. (Photo: Reuters) new York The big US institutions support the ailing First…
First Republic Bank: Major US banks are apparently considering a takeover deal
Traders on the New York Stock Exchange First Republic Bank stock fell more than 30 percent on Wednesday. (Photo: Reuters) new York The fear of further bank failures has not…
Euro zone debt: Sovereign debt in southern Europe shrinking
Rome The debt burden is also falling for Italy. (Photo: imago images/Westend61) Brussels It wasn’t long ago that economists prophesied about a return of the debt crisis in the euro…
A nation on the way west
Volodymyr Zelensky The Ukrainian President is fighting with all means for the survival of his country. (Photo: dpa) Kyiv, Lviv White steam rises in the cold blue sky. It smells…
A nation on the way west
Volodymyr Zelensky The Ukrainian President is fighting with all means for the survival of his country. (Photo: dpa) Kyiv, Lviv White steam rises in the cold blue sky. It smells…
“The destruction is extraordinary” – The earthquake area between emergency aid and damage balance
Kahramanmaras, Kirikhan Ibrahim was lucky because he had his phone with him. The young man was buried when the earthquake reduced his house and at least 6,000 other buildings in…
Fitch Announces Turkey Earthquake Bill: It May Exceed 4 Billion Dollars
Fitch Rating, one of the world’s largest international credit rating agencies, announced that the financial bill of the earthquakes affecting Turkey and Syria could exceed 4 billion dollars. Fitch Ratings…
Fitch announced the financial bill of the earthquake!
Turkey is fighting one of the biggest disasters in its history. The 7.7 magnitude earthquake that occurred in 10 provinces centered in Kahramanmaraş and then the 7.6 earthquake at noon…
Bafin sees deficits in alternative investments
rate hike The pressure on insurers to invest in illiquid, higher-yielding asset classes is easing. (Photo: E+/Getty Images) Frankfurt, Munich The German life insurers are changing their investment policy –…
High energy costs – what Covestro, Evonik & Co. expect
chemical industry Companies fear serious consequences from expensive energy, recession and onerous regulation in 2023. (Photo: Imago) Dusseldorf Chemical managers like to use football comparisons. At the end of 2021,…
What investors can learn from Vietnam
Ho Chi Minh City Vietnam’s economy grew nearly 14 percent year-on-year in the third quarter. (Photo: © 2022 Bloomberg Finance LP) Bangkok Economic success stories can also have a bad…
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…