Moody's said that Russia had defaulted on its foreign debt obligations, according to a statement published on the agency’s website on Monday. "On 27 June, holders of Russia's sovereign debt had not received coupon …
Azerbaijan is protected from the external economic pressures due to the events in Ukraine, according to Moody’s Investors Service (Moody’s). Moody's expect current account balances to deteriorate for most …
Moody's downgraded Russia's credit rating for the second time in a week amid the war in Ukraine. Russia's long-term issuer and senior unsecured local- and foreign-currency debt ratings were lowered to Ca from B3, the rating …
The international rating agency Moody's suspended commercial activities in Russia since March 5, the agency’s press release reads. "The suspension applies to both Moody's Investors Service (MIS) and Moody's …
Russia's real GDP growth will recover to 2.3% in 2021, Moody's Investors Service said in a report published yesterday. "Following the sharp 2020 contraction, we forecast Russia's real GDP growth will recover …
Moody's downgraded Saudi Arabia's sovereign outlook to negative from stable, citing increased downside risks to the kingdom's fiscal strength from the oil rout. "The shock transmits mainly through the loss in …
Russia is less vulnerable to external shocks linked to turbulence in energy markets than many other oil-exporting nations, according to rating agency Moody's, RT reports. The dramatic plunge in oil prices could cut fiscal revenue …
Russia is more resilient to external economic shocks than most other countries-oil exporters, thanks to a flexible exchange rate and large foreign exchange reserves, according to Moody’s rating agency. The agency expects a small …
German agency Scope Ratings raised its assessment of Russia’s government debt from BBB- to BBB, highlighting Russia’s increased security against economic shocks. The agency cited low debt, increased tax revenues, high …
Kazakhstan’s authorities may need to take more measures to prevent a fresh asset quality crisis fuelled by risky retail lending, rating agency Moody’s said, warning that a spike in defaults was looming. "Retail …
International rating agency Moody’s has worsened its outlook on the Russian banking sector to stable from positive amid a slower economic growth. Moody’s expects that a weak economic growth will curb improvements over …
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%. …
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 …
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. …
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 …
after Turkey props up lira before vote
A new request of the Danish Energy Agency (DEA) to Nord Stream 2 AG, the project company for construction of the Nord Stream-2 natural gas pipeline, may delay construction, international rating agency Moody’s Senior Credit Officer Denis …
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 …
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 …
Moody's Investors Service has upgraded long-term issuer ratings of 12 Russian non-financial corporates to Baa2 from Baa3. The outlooks on all these ratings have been changed to stable from positive. The companies are …
