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Fitch Upgrades Sri Lanka's Credit Rating Following $12.55 Billion Debt Overhaul
21 Dec 2024 10:02 GMT
Fitch Ratings has upgraded Sri Lanka's long-term foreign-currency default rating to 'CCC+' from 'Restricted Default' (RD) after creditors approved the country's $12.55 billion debt restructuring plan earlier this week. This marks a …
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Ghana Faces Unprecedented Crisis as Political Gridlock Threatens Government Shutdown
20 Dec 2024 20:37 GMT
… imports and fueling inflation. International credit rating agencies might downgrade Ghana’s … bear the brunt of the crisis. Delayed salaries, service disruptions, and … other economic challenges.
The ongoing crisis also highlights the political dysfunction …
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The cost of neglect: When a brand crisis takes years to arrive
20 Dec 2024 12:49 GMT
… of Proven Media Solutions.
Crisis communications often center around … stock to keep its credit rating.
McDonald’s and Boeing … and strategic rot.
“Crisis communications is not a patch … a fractional public affairs and crisis communications for start-ups, …
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African countries will establish credit rating agencies to prevent bias, says AfDB VP
19 Dec 2024 12:56 GMT
… establish a continental credit rating agency to counterbalance Western credit rating agencies’ bias against … Urama, said the proposed African credit rating agency would address the prejudice … after the last global financial crisis because many of the financial …
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Nigeria, other African nations to establish credit rating agency
19 Dec 2024 02:34 GMT
… set up a continental credit rating agency aimed at addressing … perceived biases from Western credit rating entities.
This initiative was … that the planned African credit rating agency would serve as … of the global financial crisis, she remarked on the …
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Nigeria, other African countries plan continental credit rating agency
18 Dec 2024 03:35 GMT
… floating of an African credit rating agency.
“The credit rating agency will now start … after the last global financial crisis because many of the financial … , stated that the current debt crisis that was affecting a large …
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Moody's downgrades politically shaken France's credit rating
17 Dec 2024 10:41 GMT
Tuesday, December 17th 2024 - 10:20 UTC
The Chairman of the centrist Democratic Movement (MoDem) became Macron's fourth prime minister this year
A politically shaken France has been downgraded by Moody's Investors Service from “Aa2” to “Aa3” and …
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Political uncertainty weighs on Korea’s credit rating
17 Dec 2024 07:36 GMT
… on the country’s sovereign credit rating.
Shortly after the fiasco … negatively affect the country’s credit rating, a gauge of a … a further escalation of the crisis.
“Following the parliamentary vote … country's sovereign credit rating at Aa2, the third- …
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Nepal Should Improve Its Credit Rating
17 Dec 2024 04:55 GMT
… Chengxin International Credit Rating Company and Japan Credit Rating Agency. A credit rating is usually conducted … financial factors. A global financial crisis emerged in 2008, affecting the … faced sovereign credit risk. The crisis was so severe that bailing …
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Moody's Downgrades France's Credit Rating to Aa3 with Stable Outlook
15 Dec 2024 05:57 GMT
… ;s downgraded France's credit rating to Aa3 on Saturday with … outlook, after months of political crisis and the appointment of new …