Latest news and articles about credit rating from NEX English
Moody's has upgraded Ghana's credit outlook to 'Positive' due to notable improvements in the country's financial situation. This comes as Ghana gradually recovers from a severe economic crisis.
S&P Global Ratings has downgraded New Orleans' credit rating by one point, highlighting the city's struggle with one of the worst financial crises in its recent history. This decision comes at a critical time as the city seeks to address the repercussions of this crisis.
The United Arab Emirates has successfully maintained a strong credit rating with a stable outlook, despite surrounding regional tensions and conflicts. This achievement reflects the resilience of the UAE's economy and its ability to face challenges.
The global credit rating agency announced that the United Arab Emirates has retained its Aa2 credit rating with a stable outlook, reflecting global confidence in its economy. This comes at a time when the UAE economy is experiencing notable growth despite global challenges.
Credit rating agencies have announced that the United Arab Emirates has maintained a strong credit rating with a stable outlook, reflecting the strength and stability of its national economy. This comes at a time of significant global economic fluctuations.
The UAE Ministry of Finance announced that Moody's has confirmed the country's credit rating at <strong>Aa2</strong> with a stable outlook. This decision reflects global confidence in the stability of the UAE economy despite geopolitical challenges.
Despite the repercussions of the US-Israeli war on Iran, Moody's has affirmed Egypt's credit rating at <strong>Caa1</strong> with a positive outlook, highlighting the government's commitment to economic reforms.
S&P Global Ratings has downgraded British Columbia's credit rating for the fifth time since 2021, raising concerns about the financial situation in the Canadian province. This downgrade follows a series of economic challenges faced by the region.
Fitch Ratings has announced it will maintain a negative outlook on Israel's credit rating, citing expectations of increasing financial deficits in the country. This comes at a time when Israel faces mounting economic challenges.
Fitch Ratings confirmed Israel's long-term credit rating at 'A' with a negative outlook, citing financial risks from rising public debt and ongoing conflict. The agency warns that these factors could weaken the country's financial trajectory.
Fitch Ratings has indicated that Argentina's path to a credit rating upgrade heavily relies on a sustainable increase in foreign currency reserves. This comes as the country grapples with significant economic challenges.
The Thai government has announced the cancellation of comprehensive fuel subsidies, a significant move aimed at improving the country's financial situation. This decision comes as Thailand faces increasing economic pressures, potentially impacting local consumption and inflation rates.
Egan-Jones, a credit rating agency, aims to regain its ability to evaluate government debt and asset-backed securities after a decade-long ban. However, the U.S. Securities and Exchange Commission expresses skepticism about this move.
Moody's has downgraded a private credit fund managed by KKR and Future Standard to junk status due to rising defaulted loans and weak profits. This decision comes as investors rush to withdraw their funds from major investment vehicles.