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2 Oct 23
Forecast budget surpluses and a steady decrease in government debt were key contributors to an upgrade in Cyprus’s credit rating, Moody’s has said while announcing the change.
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8 Feb 23
Using up foreign reserves to meet soaring costs will restrict Egypt’s ability to service its debt and was named as a major contributor to a cut in its credit rating by ratings agency Moody’s.
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2 Feb 23
Political instability and simmering discontent in Peru will impede progress on reforms and damage economic growth, ratings agency Moody’s has said.
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2 Dec 22
Russia’s war will cause a recession next year but inflation will help fill government coffers.
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4 Nov 22
Surging oil and natural gas revenues will help push Qatar’s budget into surplus this year and over the medium term, meaning a credit rating upgrade is increasingly likely, ratings agency Moody’s has...
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16 Sep 22
Higher public spending and the economic slowdown linked to voters rejecting constitutional reforms has fuelled a downgrade in Chile’s credit rating, Moody’s has said.
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22 Nov 16
The US Federal Reserve’s second in command has hinted that some of president-elect Donald Trump’s fiscal policies could help the bank and the US economy.
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23 Sep 16
The arm of the World Bank responsible for lending to the world’s poorest countries plans to tap into the capital markets to raise funds after securing a AAA credit rating.