Moody's: US state and local government credit quality underpinned by strong federal disaster support
May 26, 2015 21:05 pm UTC| Research & Analysis
US state and local governments vulnerable to major disaster events will continue to rely upon strong federal assistance to sustain their relatively high credit quality, Moodys Investors Service says in a new report "US...
Fitch: Brazil's Budget Freeze Highlights Effort and Challenges
May 26, 2015 14:50 pm UTC| Research & Analysis
Brazils announcement of an approximately BRL69.9bn budget freeze highlights both the increased willingness of policymakers to tackle fiscal imbalances and the challenge they face in doing so, Fitch Ratings says. The...
Moody's: Outlook for Malaysian banking system stable, despite challenging operating environment
May 26, 2015 08:24 am UTC| Research & Analysis
Moodys Investors Service says that the outlook for the Malaysian banking system is stable over the next 12-18 months. Moodys has maintained a stable outlook on this system since May 2013. "The key drivers of our stable...
Fitch Publishes End-April 2015 MMF Snapshot & Fund Factsheets
May 26, 2015 08:21 am UTC| Research & Analysis
Fitch Ratings has published its end-April 2015 money market fund (MMF) snapshot report and individual fund factsheets. They provide consistent and comparable portfolio analytics across all Fitch-rated US and European MMFs,...
Four largest French banks diminish wholesale funding reliance and improve liquidity reserves
May 22, 2015 15:09 pm UTC| Research & Analysis
Frances four largest banks -- BNP Paribas, Société Générale, Groupe Crédit Agricole and Groupe BPCE -- have successfully made progress in reducing their reliance on wholesale funding and...
Moody's takes rating actions on Swiss banks
May 21, 2015 20:29 pm UTC| Research & Analysis
Moodys Investors Service has concluded its rating reviews on 11 Swiss banks initiated on 17 March 2015 following the publication of Moodys revised bank rating methodology. In addition, the rating agency has also reviewed...
Moody's: Euro manufacturers' outlook is stable on steady earnings growth
May 21, 2015 09:58 am UTC| Research & Analysis
The outlook for European manufacturers will be stable over the next 12 to 18 months as a result of ongoing steady earnings growth, says Moodys Investors Service. These improvements will flow from demand stabilisation in...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
The Mattei Plan: why Giorgia Meloni is looking to Africa
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight