Credit Downgrades
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Bad News For Trump, US Loses Last AAA Rating, Moody's Flags Rising Debt
The United States lost its last triple-A credit rating from a major agency as Moody's announced a downgrade, citing rising levels of government debt and dealing a blow to Donald Trump's narrative of economic strength and prosperity.
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Ratings Agency Fitch Downgrades China Credit Outlook Over Debt Fears
Ratings agency Fitch said Wednesday it had downgraded China's sovereign credit outlook to negative, citing increased risks to the country's public finances, in a move Beijing swiftly called "regrettable".
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US Debt: What Does The Loss Of Triple A Rating Mean
Fitch has downgraded its credit rating for the United States, becoming the second of the top-three ratings agencies to strip the country of a top AAA rating. The impact upon the world's top economy is likely to be just symbolic, at least immediately.
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Star Wars Jedi: Survivor Is Headed to Old-Gen PS4 and Xbox One Consoles
Star Wars Jedi: Survivor is coming to more platforms in the future. During EA’s Q1 2024 earnings call, the company confirmed that developer Respawn is in the early stages of developing a dedicated version for the old-gen PS4 and Xbox One. Currently, there’s no release window, but it will be interesting to see how a downgraded version of a deman...
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Fitch Downgrades US Credit Rating, White House Says "Defies Reality"
Fitch downgraded the United States' top-notch credit rating by a step on Tuesday, citing a growing federal debt burden and an "erosion of governance" that has manifested in debt limit standoffs.
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Fitch Downgrades Pakistan's Rating, Warns Default A 'Real Possibility'
The beleaguered Pakistani economy faces substantial credit risks with "critically low levels" of foreign exchange reserves, New York-based global ratings agency Fitch said on Tuesday.
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Moody's Downgrades Ratings Of Delhi International Airport
Moody's Investors Service has downgraded Delhi International Airport Ltd's (DIAL's) corporate family rating and senior secured ratings to B1 from Ba3. It has also downgraded DIAL's baseline credit assessment to b1 from ba3.
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India To Cap Stimulus Package At $60 Billion To Protect Credit Rating: Report
The government is likely to cap its overall spending on coronavirus-related relief at around Rs 4.5 trillion ($60 billion), due to concerns that excess spending could trigger a sovereign rating downgrade, two senior government officials said.
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PNB's Viability Rating Down, Says Credit Rating Agency
Fitch Ratings has downgraded the viability rating (VR) of state-owned Punjab National Bank (PNB) to 'b' from 'bb-' and maintained it on rating "watch negative" (RWN).
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RBI Keeps Repo Rate Unchanged, Downgrades Growth Forecast To 6.7%
Five members of the RBI's monetary policy committee voted today to keep rates unchanged, with one voting for at least a 25 bps cut. The RBI also kept the reverse repo rate unchanged at 5.75 per cent.
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RBI's Decision-Day Guide: Assessing The Extent Of The Slowdown
If resurgent price pressures limit the RBI's room to ease, the government could be forced to boost spending, imperiling its budget deficit target and risking the wrath of rating companies that downgraded China last month.
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China's First Rating Cut In 30 Years By Moody's Exposes Firms Hooked On Dollar
Moody's lowered China's rating to A1 from Aa3 on Wednesday, citing a worsening debt outlook.
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S&P Strips UK Of Last Top-Notch Credit Rating After Brexit
Ratings agency Standard & Poor's stripped Britain of its last remaining top-notch credit rating on Monday, slashing it by two notches from AAA and warning more downgrades could follow after Britons voted to leave the European Union last week.
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Moody's Threatens to Downgrade Greece
Moody's placed Greece's credit rating on review for a downgrade on Friday, citing "high uncertainty" about the country's talks with creditors.
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Standard & Poor's Downgrades Greece to Just Above Default Vulnerable
Standard & Poor's cut Greece's long-term sovereign credit rating to B- from B on Friday, warning that liquidity restraints on Greek banks would limit the time the new government has to clinch a deal with its creditors.
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Bad News For Trump, US Loses Last AAA Rating, Moody's Flags Rising Debt
The United States lost its last triple-A credit rating from a major agency as Moody's announced a downgrade, citing rising levels of government debt and dealing a blow to Donald Trump's narrative of economic strength and prosperity.
-
Ratings Agency Fitch Downgrades China Credit Outlook Over Debt Fears
Ratings agency Fitch said Wednesday it had downgraded China's sovereign credit outlook to negative, citing increased risks to the country's public finances, in a move Beijing swiftly called "regrettable".
-
US Debt: What Does The Loss Of Triple A Rating Mean
Fitch has downgraded its credit rating for the United States, becoming the second of the top-three ratings agencies to strip the country of a top AAA rating. The impact upon the world's top economy is likely to be just symbolic, at least immediately.
-
Star Wars Jedi: Survivor Is Headed to Old-Gen PS4 and Xbox One Consoles
Star Wars Jedi: Survivor is coming to more platforms in the future. During EA’s Q1 2024 earnings call, the company confirmed that developer Respawn is in the early stages of developing a dedicated version for the old-gen PS4 and Xbox One. Currently, there’s no release window, but it will be interesting to see how a downgraded version of a deman...
-
Fitch Downgrades US Credit Rating, White House Says "Defies Reality"
Fitch downgraded the United States' top-notch credit rating by a step on Tuesday, citing a growing federal debt burden and an "erosion of governance" that has manifested in debt limit standoffs.
-
Fitch Downgrades Pakistan's Rating, Warns Default A 'Real Possibility'
The beleaguered Pakistani economy faces substantial credit risks with "critically low levels" of foreign exchange reserves, New York-based global ratings agency Fitch said on Tuesday.
-
Moody's Downgrades Ratings Of Delhi International Airport
Moody's Investors Service has downgraded Delhi International Airport Ltd's (DIAL's) corporate family rating and senior secured ratings to B1 from Ba3. It has also downgraded DIAL's baseline credit assessment to b1 from ba3.
-
India To Cap Stimulus Package At $60 Billion To Protect Credit Rating: Report
The government is likely to cap its overall spending on coronavirus-related relief at around Rs 4.5 trillion ($60 billion), due to concerns that excess spending could trigger a sovereign rating downgrade, two senior government officials said.
-
PNB's Viability Rating Down, Says Credit Rating Agency
Fitch Ratings has downgraded the viability rating (VR) of state-owned Punjab National Bank (PNB) to 'b' from 'bb-' and maintained it on rating "watch negative" (RWN).
-
RBI Keeps Repo Rate Unchanged, Downgrades Growth Forecast To 6.7%
Five members of the RBI's monetary policy committee voted today to keep rates unchanged, with one voting for at least a 25 bps cut. The RBI also kept the reverse repo rate unchanged at 5.75 per cent.
-
RBI's Decision-Day Guide: Assessing The Extent Of The Slowdown
If resurgent price pressures limit the RBI's room to ease, the government could be forced to boost spending, imperiling its budget deficit target and risking the wrath of rating companies that downgraded China last month.
-
China's First Rating Cut In 30 Years By Moody's Exposes Firms Hooked On Dollar
Moody's lowered China's rating to A1 from Aa3 on Wednesday, citing a worsening debt outlook.
-
S&P Strips UK Of Last Top-Notch Credit Rating After Brexit
Ratings agency Standard & Poor's stripped Britain of its last remaining top-notch credit rating on Monday, slashing it by two notches from AAA and warning more downgrades could follow after Britons voted to leave the European Union last week.
-
Moody's Threatens to Downgrade Greece
Moody's placed Greece's credit rating on review for a downgrade on Friday, citing "high uncertainty" about the country's talks with creditors.
-
Standard & Poor's Downgrades Greece to Just Above Default Vulnerable
Standard & Poor's cut Greece's long-term sovereign credit rating to B- from B on Friday, warning that liquidity restraints on Greek banks would limit the time the new government has to clinch a deal with its creditors.
