Fitch Ratings

Fitch affirms Kazakhstan's rating at 'BBB'

Fitch Ratings, the international rating agency, affirmed Kazakhstan’s long-term issuer default rating (IDR) at ‘BBB’ with ‘Stable’ outlook. The sovereign balance remains strong  and assets in the …

Will trade wars undermine global economy?

Escalating global trade war could cut world GDP growth to 2.8% from 3.2% (by 0.4%), according to Fitch Ratings 2018 “Global Economic Outlook” baseline forecast. According to the agency, the U.S., Canada and Mexico would be …

Fitch revises outlook on Georgia to positive

Global rating agency Fitch Ratings revised its outlook on Georgia's long-term foreign- and local-currency issuer default ratings to positive from stable and affirmed the rating at BB-, citing favorable growth prospects.  The …

Do European oil majors adjust to low prices?

Shell, Total and British Petroleum are adjusting their operations to match the realities of an under-$60-barrel price in the long run, according to a new Fitch Ratings report. The European oil majors are lowering dividends and spending …