Tag: Moody's

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US dollar dominance to persist for decades despite challenges, says Moody’s

The US dollar's dominance in international trade and finance will persist for decades despite new challenges and even when a more multipolar currency system...

Storm clouds gather over highly indebted companies, Moody’s says

Credit ratings agency Moody's Investors Service Inc said on Wednesday it has pushed more highly indebted companies to the bottom of its junk ratings...

Moody’s sees limited risks from banking crisis on US credit profile

Ratings agency Moody's said on Wednesday it expects risks to the sovereign credit profile of the United States to be limited from the recent...

Moody’s cuts outlook on U.S. banking system to negative, citing ‘rapidly deteriorating operating environment’

In a harsh blow to an already-reeling sector, Moody’s Investors Service cut its view on the entire banking system to negative from stable. The firm,...

Moody’s: African banks exposed to billions in carbon risks

Nearly a quarter of African banks’ lending is directed to companies facing carbon transition risks, according to a Moody’s survey of rated financial institutions. African banks’ exposure...

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Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

IMF: South Africa needs decisive efforts to cut spending

South Africa needs more decisive efforts to cut spending...

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

Half of the world's 75 poorest countries are experiencing...

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