Tag "credit rating"
Ratings upgrade puts pressure on next government to maintain Brazil’s economic recovery
Amidst political chaos and uncertainty, Brazil’s economy continues on its path to recovery receiving a vote of confidence by ratings agency Moody’s. There is hope Brazil will be able to continue the necessary economic reforms once a new President takes office next year.
Will Petrobras halt Brazil’s recovery?
Brazil’s state-run oil company, Petrobras, had its investment grade cut by Moody’s, aggravating uncertainty over whether it will be up to the Brazilian government to back up the oil giant.
Weekly Risk Outlook
Expected ECB QE programme will require some fine-tuning. Russia’s credit rating takes a hit as its economy weakens further. Iran may face new sets of US sanctions as newest round of talks begin, and
GRI’s Weekly Risk Outlook
Brazilian inflation is on the rise with the potential for broad economic consequences. South Korea appears headed toward more accommodative monetary policy. Greece faces a possible credit downgrade as political turmoil continues.
GRI Weekly Risk Outlook
Putin visits India to reach out on energy, defense. Crude oil reaches new lows as economies thrive on cheap energy. US likely to avoid a repeat of 2013 shutdown. Eurozone ministers
Brazil’s populist president names liberal finance minister
Brazilian president Dilma Rouseff has appointed Joachim Levy to new Finance Minister post. But Levy faces many challenges if he is to balance Brazil’s budget. Guest post by Dr. Daniel
US credit rating reform comes up short
US legislators have proposed several reforms of the US credit rating system. Yet, incentives for credit agencies remain misaligned, while a new subprime market begins to grow. Financial regulation in
Pressure mounts on Ghana’s government to address imbalances
Deteriorating twin deficits have put pressure on the government to adopt austerity measures. But risks of social unrest and reduced FDI may force authorities to moderate their rebalancing efforts. Although
Could Puerto Rico default?
Puerto Rico is about to follow in the footsteps of Detroit, with few options left but declaring bankruptcy. With U.S. retirement funds relying on Puerto Rican bonds in portfolios, the
Can Finland control its national debt?
Finland’s debt-to-GDP ratio has risen while growth has remained sluggish, leaving Finland’s government with some important choices ahead. So far, the government has taken concrete steps in the right direction,
