Normal It plans to post a fiscal surplus of 19.2% of GDP in 2022 October 24, 2022 17:32 Abu Dhabi: Ahmed Al-BashirFitch confirmed Abu Dhabi’s long-term and short-term sovereign credit ratings at AA and F1 +, respectively, with a stable outlook.The agency said the ratings granted to Abu Dhabi reflect a number of supporting factors, … Read more
Bitcoin has lost more than half of its value since November. Still, El Salvador buys crypto coins. Critics fear that the vagaries of the crypto market are driving the country towards bankruptcy. – In September last year, El Salvador became the first country in the world to introduce bitcoin as legal tender, alongside the US … Read more
The agency Fitch Ratings has cut down to 5% the growth forecasts of the Gross Domestic Product (GDP) of Spain for 2022 from the 6,3% earlier, due to rising energy prices, fueled by the war in Ukraine. – “This is probably weakness in consumer spendinglinked to an increase in Covid-19 cases during the winter, continue … Read more
A credit rating is an important guide for investors, as it shows them the likelihood of properly repaying loans. It has a significant effect on the willingness of creditors to lend to the State or another entity concerned, as well as on the terms of the loan, such as the interest rate. The higher the … Read more
Photo: Getty Bitcoin legalization carries certain risks, experts say – – The organization is calling on El Salvador to develop security measures for Bitcoin transactions. Fitch has revealed the dangers of legalizing bitcoin as a legal tender in El Salvador. The agency’s report says that the move may increase the risks of regulation of financial … Read more
Interest in First Investment Bank has always been high over the years. The reasons for this have always been many and varied. For example, that this is one of the largest banks in the country – the fifth in terms of assets, that this is the largest bank with Bulgarian capital, that this was the … Read more
Fitch downgraded 29 countries in the first 4 months of 2020 Last updated: Tuesday 19 Ramadan 1441 AH – May 12, 2020 KSA 17:29 – GMT 14:29 Posted on: Tuesday 19 Ramadan 1441 AH – May 12, 2020 KSA 17:12 – GMT 14:12 Source: London – Reuters – Credit rating agency Fitch said on Tuesday … Read more
new York The low oil price is now also calling on the US President. According to a report by the “Wall Street Journal”, Donald Trump wants to meet with the CEOs of the largest oil companies on Friday to discuss ways out of the difficult situation. According to this, both aid for industry and punitive … Read more
The rating agency Fitch took a close look at the ratings of a total of seven Swiss banking groups due to the distortions caused by the corona crisis. The corresponding rating outlook has been lowered for the major banks CS and UBS. According to Tuesday’s announcement, Fitch has confirmed the long-term issuer default ratings (IDR) … Read more
Up and down the Dax: “We have to die a stability death” — Dusseldorf After significant price fluctuations in the previous week, the German stock market started the new trading week comparatively successfully. Of the Dax closed Monday 1.9 percent increase at 9816 points. In the previous week, the leading German index had the best … Read more