Matthias Diependaele reacts to reduced Flemish credit …

Matthias Diependaele reacts to reduced Flemish credit …

Credit rating agency Moody’s has lowered the creditworthiness of Flanders. Minister of Finance and Budget Matthias Diependaele (N-VA) says he is “proud of the backing that we have provided to our entrepreneurs from Flanders”, and is working on a proposal to tackle the Flemish debt ratio. – The rating agency Moody’s lowered the creditworthiness of … Read more

The Afghan economy is collapsing. The country is in danger of a financial disaster

The Afghan economy is collapsing.  The country is in danger of a financial disaster

“Economic performance is likely to decline sharply this year,” said Anwita Basu of Fitch Solutions, comparing Afghanistan to Syria and Burma, countries that are also facing a difficult political situation and whose gross domestic product has fallen by 10 to 20 percent. . Basu is convinced that the recently declared Middle East emirate has comparable … Read more

Moody’s: environmental and social risk impact in Latin America is negative | WORLD

Moody’s: environmental and social risk impact in Latin America is negative |  WORLD

The risk rating agency Moody’s stated in a report that the credit exposure to environmental, social and corporate governance (ESG) risks in Latin America and the Caribbean is negative, but lower than in other regions of emerging markets. In a report, Moody’s indicated that although the “overall impact” of ESGs in Latin America and the … Read more

A Gulf country tends to borrow $ 15 billion

A Gulf country tends to borrow $ 15 billion

Moody’s credit rating agency said in a recent report issued yesterday that the vision is still unclear in Kuwait regarding government financing arrangements, which is the reason that led it to reduce the sovereign rating to (A-), which makes it difficult to anticipate the potential impact. The agency expects the General Investment Authority to authorize … Read more