Hints and tips:
...Trump has pledged to renew the tax cuts, due to expire next year, if he defeats Joe Biden in this year’s presidential election....
...Rating agency Fitch downgraded the NDB’s credit rating to double-A from double-A plus last July, warning that “reputational risk” from its Russian stake could potentially limit access to the dollar bond...
...“Nobody wants local people to lose their jobs, that’s the problem,” said Joe Baker, Labour head of the local authority....
...Fitch said the outlook reflected China’s increasingly wide fiscal deficits and rising government debt as Beijing seeks a more sustainable growth model....
...Last month, Fitch revised Peru’s outlook from “stable” to “negative”....
...Joe Biden’s hopes of a pre-election rate cut were dealt a blow on Thursday after inflation and growth data led investors to push back expectations of a move by the Federal Reserve....
...Rating agency Fitch downgraded its outlook on China from “neutral” to “negative” last week, citing “property-reliant growth” as a source of increased uncertainty....
...Joe Biden unveiled a $7.3tn budget plan for 2025 which would push US debt over 100 per cent of gross domestic product, as the president laid out a fiscal agenda that boosts spending but plans to save $3tn...
...Norman became maître d’ at the theatre restaurant Joe Allen, then moved up through the London restaurant scene to eventually become operations director of Caprice Holdings, whose portfolio of high-profile...
...The widening deficit — the amount by which government spending exceeds revenue — led rating agency Fitch to strip the US of its triple A rating in August, saying that the country’s fiscal predicament meant...
...Fitch Ratings analyst Joe Rohlena said higher fares were likely to show up later in the year. “It’s a net negative for the airlines but there are some offsets,” he said....
...Fitch Ratings has cut its outlook on China’s long-term credit rating to negative, voicing concerns as Beijing transitions from its property-led growth model....
...election that handed the White House to Joe Biden....
...Trump responded to yesterday’s indictment in a statement calling it a continued, pathetic attempt by President Joe Biden and the Justice department to interfere with the 2024 election....
...Rating agency Fitch this week downgraded its credit score to CCC+, seven notches below investment grade, citing the country’s political uncertainty....
...Lower credit ratings typically raise a country’s borrowing costs, although the previous downgrades by Fitch and S&P left little impact....
...Fitch in August announced that it had downgraded the US from a triple A to a double A plus, two months after the country narrowly averted a sovereign default over a fight to lift its borrowing limit....
...The turmoil appears to have affected investor confidence, with rating agency Fitch last week changing its outlook for Ecuador from stable to negative, citing political instability....
...Rating agency Fitch this week changed its outlook for Ecuador from stable to negative, citing ongoing political instability. It said the outbreak of crime would require increased government spending....
...Fitch, the rating agency, has said that nine sovereign debtors have defaulted since 2020....
...His comments came a day after Fitch, the credit rating agency, warned it could downgrade the country’s triple A rating because of the “brinkmanship” over the US debt limit....
...Joe Biden flies straight back from the G7 Summit to try to finally resolve the US deficit ceiling impasse....
...I do not miss the retail madness that followed, but President Joe Biden will no doubt be hoping for a feel-good burst of consumer spending to help raise his polling numbers....
...“It feels like the early adopters have adopted,” said Fitch ratings analyst Steve Brown....
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