U.S. top-tier credit rating downgraded
International ratings agency Fitch said it had downgraded the United States' Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'AA+' …
Fitch rating agency
Fitch withdraws Russia's ratings
Fitch Ratings has withdrawn Russia’s ratings, the international rating agency reported on its website. "Fitch Ratings has withdrawn Russia's ratings. The withdrawals are for sanction-related reasons," the agency …
Fitch downgrades six Russian insurance companies
Fitch Ratings said it has downgraded six Russian insurance companies' insurer financial strength ratings, along with the debt rating of one Russian insurer. The companies are insurance joint stock company VSK, JSC IC Allianz, …
Fitch downgrades Russia's sovereign rating
Ratings agencies Fitch and Moody's downgraded Russia by six notches to "junk" status, saying Western sanctions threw into doubt its ability to service debt and would weaken the economy. Fitch downgraded Russia to …
Fitch downgrades Turkey's credit rating
Turkey's soft financial policy may fix inflation rate at a high level, according to the report of Fitch Ratings. According to Fitch Ratings analysts, such a policy may exacerbate the consequences of weakening Turkish lira and …
Fitch revises up Turkey's growth forecast to 9.2% this year
Fitch Ratings has revised up Turkey's 2021 economic growth forecast to 9.2%, according to the rating agency's Global Economic Outlook for September, released on Sept. 16, Harriet daily reports. The new figure is a massive …
Fitch affirms Russia’s sovereign rating at BBB, outlook stable
International ratings agency Fitch said on Friday it had affirmed Russia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB' with a Stable Outlook, TASS reports. "Russia's 'BBB' IDRs …
Azerbaijan’s natural gas reserves to last for 120 years
Azerbaijan's natural gas reserves are expected to last at least for the next 120 years, according to the joint calculations of Fitch Ratings and BP. The international agency emphasizes that according to this indicator, …
Russian Container Transportation Resilient Despite Challenging Market
Russian rail container transportation has been growing during the 2020 crisis, despite historically being sensitive to economic cycles, Fitch Raitings reports. Growth has been mostly due to an unexpected competitive advantage as …
Fitch affirms ratings of Moscow, Saint Petersburg and Stavropol Region
Fitch Ratings has affirmed Issuer Default Ratings of Russia's Moscow, Saint Petersburg, Stavropol Region and three more regions. The agency has affirmed Moscow's Long-Term Foreign- and Local-Currency Issuer Default …
Fitch changes Saudi credit rating
Rating agency Fitch downgraded Saudi Arabia’s credit rating to A from A+ today, citing rising geopolitical and military tensions in the Gulf following an attack on its oil facilities and a deterioration of the kingdom’s fiscal …
Fitch reaffirms Georgia to 'BB’ with stable outlook
Fitch has reaffirmed Georgia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BB' with a stable outlook, Agenda.ge reports. Fitch upgraded the country’s rating to 'BB' from 'BB-' …
Fitch: sanctions cost Russia one rung on credit ranking
Russia’s credit score at Fitch Ratings is back to where it was before the crisis in Ukraine almost half a decade ago, but uncertainty over U.S. penalties still stifles the nation’s ranking. "Sanctions overall have …
Siluanov comments on Fitch decision to upgrad Russia’s ratings
Russian Finance Minister Anton Siluanov commented on the decision of the international rating agency Fitch to upgraded Russia’s long-term issuer default ratings in local and foreign currencies to BBB from BBB- with a stable …
Russia's sovereign rating upgrade by Fitch
Russia's credit rating was lifted on Friday by Fitch Ratings, which cited strong fiscal policies and a commitment to inflation-targeting, Business Times reported. The sovereign rating was lifted to "BBB", the second lowest …
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 …
Bakhtadze: Georgian economy now more competitive
Georgia's Prime Minister Mamuka Bakhtadze has responded to Georgia’s improved standing in the Fitch rating. According to him, the promotion in the international rating agency means that the Georgian …
Fitch affirms Russia at 'BBB-'
Fitch Ratings on Friday affirmed Russia’s credit rating at ‘BBB-‘ citing a strong sovereign balance sheet and robust external finances, Reuters reports. “The prospect of harsher additional US sanctions …
Fitch warns of possible downgrade to U.S. rating
Fitch warned of a possible cut to the U.S. triple-A sovereign credit rating later this year if the ongoing government shutdown leads to it hitting its debt ceiling and hampering budget setting. "If this shutdown continues to March …
Fitch maintains its global economic growth forecasts for 2018-2019
Fitch international rating Agency still expects the global economy to grow by 3.3% this year. According to the Agency's December world economic forecast, Fitch also maintained its growth forecast for 2019 at the level of the …
