The seizure of MSC Aries by Iran’s Revolutionary Guard at the weekend is the latest in a series of headwi...
Mongolia’s Fiscal and Export Outperformance Likely to be Temporary
Mongolia has benefited this year from rebounding commodity exports, which have stabilised public and external finances in the near term. However, Fitch...
Mongolia has benefited this year from rebounding commodity exports, which have stabilised public and external finances in the near term. However, Fitch...
Article / 6 months ago
Fitch Downgrades Ghana to 'CC'
Fitch Ratings has downgraded Ghana's Long-Term Local- and Foreign-Currency Issuer Default Ratings (IDRs) to'CC', from'CCC'. Fitch typically does not assign Outlooks to issuers with a...
Fitch Ratings has downgraded Ghana's Long-Term Local- and Foreign-Currency Issuer Default Ratings (IDRs) to'CC', from'CCC'. Fitch typically does not assign Outlooks to issuers with a...
Article / 2 years ago
Energy Crisis Increases Fiscal Risks to Western Europe Sovereigns
Western European governments’ responses to the energy crisis will have large fiscal costs, holding back...
Western European governments’ responses to the energy crisis will have large fiscal costs, holding back...
Article / 2 years ago
Fitch Downgrades El Salvador to 'CC'; Removes from UCO
Fitch Ratings has downgraded El Salvador's Long-Term Foreign Currency Issuer Default Rating (IDR) to'CC' from 'CCC'. Fitch does not assign...
Fitch Ratings has downgraded El Salvador's Long-Term Foreign Currency Issuer Default Rating (IDR) to'CC' from 'CCC'. Fitch does not assign...
Article / 2 years ago
Political Risks Still Challenge Sri Lanka’s Emergence from Default
The successful formation of a government under the new president, Ranil Wickremesinghe, is an important precondition for resolving Sri Lanka’s debt default...
The successful formation of a government under the new president, Ranil Wickremesinghe, is an important precondition for resolving Sri Lanka’s debt default...
Article / 2 years ago
Panama’s Social Unrest Could Add to Deficit Target Challenge
Panama’s response to social unrest will have fiscal implications, the scale of which will depend on the protest activity’s duration, the length of time...
Panama’s response to social unrest will have fiscal implications, the scale of which will depend on the protest activity’s duration, the length of time...
Article / 2 years ago
Kazakhstan Reliance on CPC Pipeline Remains Key Vulnerability
Kazakhstan’s reliance on the Caspian Pipeline Consortium (CPC) pipeline to carry 80% of its crude oil exports through Russia highlights
Kazakhstan’s reliance on the Caspian Pipeline Consortium (CPC) pipeline to carry 80% of its crude oil exports through Russia highlights
Article / 2 years ago
Tunisia’s Political Tensions Continue to Hamper Reform
Fitch Ratings believes that Tunisia’s government and the influential Tunisian General Labour Union (UGTT) could forge a consensus on a set of economic reforms that could unlock IMF funding...
Fitch Ratings believes that Tunisia’s government and the influential Tunisian General Labour Union (UGTT) could forge a consensus on a set of economic reforms that could unlock IMF funding...
Article / 2 years ago
Losses from Sri Lanka’s Riots Manageable for Insurers
Sri Lanka’s state-owned National Insurance Trust Fund Board’s (NITF, A+(lka)/Rating Watch Negative) Strike, Riot, Civil Commotion and Terrorism (SRCCT) fund will bear the brunt...
Sri Lanka’s state-owned National Insurance Trust Fund Board’s (NITF, A+(lka)/Rating Watch Negative) Strike, Riot, Civil Commotion and Terrorism (SRCCT) fund will bear the brunt...
Article / 2 years ago
Italy’s Weaker 2022 Growth Offsets Improved Fiscal Starting Point
Italy’s 2022 economic prospects have deteriorated significantly, due mainly to spillovers from Russia’s invasion of Ukraine...
Italy’s 2022 economic prospects have deteriorated significantly, due mainly to spillovers from Russia’s invasion of Ukraine...
Article / 2 years ago
