Moody’s downgrades Kenya’s credit rating after Ruto scrapped controversial taxes
Moody’s, a credit rating agency, has cut Kenya’s sovereign rating into junk, citing the country’s diminished capacity to pay its ...
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Tag: downgrades
Li Auto Downgrades 2024 Sales Target Again Amidst Various Challenges
According to Chinese media outlet LatePost, Chinese EV maker Li Auto has once again revised its 2024 sales target downward ...
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Fitch Downgrades China Vanke Despite Funding Push by State Banks
The ratings agency has doubts about Vanke’s ability to right the ship Fitch has downgraded key credit ratings for China ...
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Moody’s downgrades Israel’s credit rating for first time ever
A sign outside the Moody's Corporation headquarters in Manhattan, New York, Nov. 12, 2021. (Photo: REUTERS/Andrew Kelly/File Photo) In a ...
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IMF Downgrades Nigeria’s Economic Growth by 0.1%
International Monetary Fund IMF Downgrades Nigeria’s Economic Growth by 0.1% The International Monetary Fund (IMF) has downgraded Nigeria’s economic growth ...
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Fitch downgrades US credit rating, citing mounting debt and political divisions
Author of the article: The Associated Press Christopher Rugaber Published Aug 01, 2023 • Last updated 33 minutes ago • 2 ...
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