Moody's

 Moody’s changes Russia’s GDP growth outlook

International rating agency Moody’s has cut its Russia’s 2019 gross domestic product growth forecast to 1.2% from 1.6%, the agency said in the Global Macro Outlook 2019-2020 report. The 2020 forecast was kept at 1.5%. …

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Moody's downgrades Turkey rating to B1

Moody's Investors Service cut Turkey’s sovereign credit rating to B1 from Ba3 and maintained a negative outlook, the rating company said in a statement. The agency noted that the risk of a balance of payments crisis …

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Moody's affirms Azerbaijan's rating

Moody's Investors Service has affirmed the government of Azerbaijan's long-term issuer and senior unsecured debt ratings at Ba2 and maintained the stable outlook, Trendreports referring to a press release by Moody's. …

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Moody's affirms Azerbaijan's debt rating

Moody's Investors Service has affirmed the government of Azerbaijan's long-term issuer and senior unsecured debt ratings at Ba2, according to a press release by Moody's. It is reported that the stable outlook was …

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Saudi Aramco named world's most profitable company

Saudi Aramco was the world's most profitable company in 2018 with net income of $111.1 billion, easily outstripping U.S. behemoths including Apple Inc. and Exxon Mobil Corp, Bloomberg reported with reference to Moody's Investors …

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Four key risks to Russian Economy revealed

Moody's Investors Service has released a comprehensive report on the Russian economy, analyzing its capabilities and key risks in the medium term. The Agency's analysts estimate the share of the public sector in the Russian …

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Moody's upgrades Russia's rating

Global ratings agency Moody's has upgraded Russia's rating to Baa3 with a stable outlook. Moody's said in a report that Russia's rating was upgraded from Ba1 to Baa3, while the outlook was changed from positive to …

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Moody’s: Armenia to face greatest funding risks

Armenia, Sri Lanka and Pakistan top the list of smaller emerging economies most vulnerable to refinancing risks, because they face a combination of large upcoming repayments and low foreign currency reserves, ratings agency Moody’s …

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 Is America on brink of next economic crisis?

Moody’s Analytics’ chief economist Mark Zandi is sounding the alarm over a surge in corporate debt among a concentrated group of U.S. corporations. Zandi suggests that the debt burden mirrors the subprime …

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Moody’s: Russian economy may withstand new US sanction

Russia's economy is able to withstand even the unlikely scenario of the U.S. expanding its economic sanctions on the country’s sovereign debt, Bloomberg reported on Monday citing International rating agency Moody’s Senior Vice …

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