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BenzingaMoody's Ratings kept the Baa2 long-term issuer and senior unsecured ratings for both funds but changed their outlooks from stable to negative, citing rising leverage and weaker asset coverage.
101greatgoals.comMoody's Ratings changed the Republic of Congo's outlook to positive from stable on 29 May 2026 while keeping its long-term foreign and local currency sovereign ratings at Caa2. The move follows four international bond sales that raised nearly $2.5 billion.
riotimesonline.comMoody’s kept Pemex at B1 with a stable outlook on Friday after lowering Mexico’s sovereign rating one notch above junk. The agency cited expected government support for the state oil firm despite its financial and operational shortfalls.
theedgemarkets.comFitch Ratings upgraded Telecom Italia's rating to BB+ and assigned a stable outlook, citing improved cash flow generation and stabilizing leverage. The changes follow the company's sale of its fixed local access network and other non-core assets. @FirstSquawk reported the rating…
oneindia.comFitch Ratings changed its outlook on Bangladesh to negative from stable. The revision reflects the country’s high vulnerability to the Middle East conflict. The move was announced on May 13, 2026.
SemaforKenyan Foreign Minister Musalia Mudavadi told Reuters that policymakers at the two-day Africa Forward Summit in Nairobi will focus on rethinking how to price risk on the continent. The event includes the European Bank for Reconstruction and Development and the African Development…
SemaforGlobal credit ratings agency Moody's has withdrawn its license in South Africa, shifting focus to cross-border services while endorsing its subsidiary GCR for local markets. Separately, South Africa's social grant agency reassured recipients that payments will proceed on schedule…
SemaforGlobal credit ratings agency Moody’s gave up its South African license on May 4, 2026, as part of a shift to prioritize cross-border investors and international funding for African issuers. The move leaves a regulatory gap that its subsidiary GCR, the continent’s biggest home-gro…
en.globes.co.ilU.S. debt held by the public has surpassed the country's annual GDP, reaching $31.27 trillion against $31.22 trillion in GDP. The Committee for a Responsible Federal Budget announced the milestone based on recent Bureau of Economic Analysis data. Fitch Ratings warned of potential…
Substrate placeholder — needs reviewMajor U.S. indices ended lower on Tuesday amid corporate earnings reports and geopolitical tensions. T-Mobile lifted its full-year outlook, while Mondelez exceeded Q1 expectations. Gold prices fell sharply amid concerns over the Strait of Hormuz.
icij.orgFlorida Attorney General James Uthmeier issued civil investigative demands to the U.S. Plastics Pact and several corporations, seeking documents on coordinated packaging practices. The move follows warnings from a coalition of Republican attorneys general about potential antitrus…
Substrate placeholder — needs reviewS&P Global Ratings has reduced New Orleans' credit rating by one notch due to ongoing financial difficulties. The downgrade reflects the city's struggles with budget shortfalls and pension obligations. This action highlights broader fiscal pressures facing the municipality.