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    • Credit Rating Crisis

Credit Rating Crisis Newsletter
  • 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 …

  • 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 …

  • 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, …

  • 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 …

  • 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 …

  • 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 …

  • 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 …

  • 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- …

  • 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 …

  • 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 …

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