-
8 Dec 16
It has been an “exceptionally weak” year for sub-Saharan African growth, according to ratings agency Fitch, with an economic expansion of just 0.9% expected be registered in 2016.
-
1 Dec 16
Ratings agency Fitch has applauded oil cartel OPEC’s deal to cut production for the first time since the financial crisis as a big step towards stabilising depressed prices, but only if producers can...
-
27 Sep 16
Saudi Arabia has announced sudden cuts to pay and perks for government employees as the oil-dependent kingdom struggles to balance the books and adjust to low commodity prices.
-
16 May 16
Moody's has downgraded Saudi Arabia’s credit rating as the oil price slump hits the kingdom’s public finances.
-
28 Apr 16
Local governments’ recourse to capital markets is on the rise, fuelled by growing issuances in China, Fitch Ratings has found.