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 predicts global economic growth to slow in coming years
Ratings agency Moody's predicts global economic growth to slow in 2019 and 2020 to a little under 2.9%, from an estimated 3.3% in 2018 and 2017. Growth in advanced economies will slow but remain solid in 2019, while G20 emerging …
Moody's: Russia's banks have weakest credit profile among BRICS
China's banks have the strongest credit profile among the emerging market BRICS nations (Brazil, Russia, India, China and South Africa), while Russia's banks - the weakest profile in the group, Moody's Investors Service said in a …
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 …
Moody's: The US dollar will remain the dominant global reserve currency for the foreseeable future
The US dollar will remain the dominant global reserve currency for the foreseeable future, despite gradual progress of alternatives such as the Chinese renminbi, and will continue to play an important role in Moody's credit view of the United …
Moody's cuts ratings of Turkey's 18 banks and 2 companies
Moody's Investors Service downgraded 18 banks and two more companies from Turkey's financial sector. This action concludes the review for downgrade initiated on 7 June 2018 on 17 banks and two finance companies in Turkey. …
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 …
Moody's on impact of new U.S. sanctions on Russian economy
The first set of US sanctions against Russia are unlikely to have a large impact on the Russian government funding or the Russian economy in general, the Moody's Investors Service said. "There has already been a material …
S&P and Moody’s lower Turkey ratings amid lira's volatility
S&P Global Ratings and Moody’s lowered Turkey’s ratings, saying they could be upgraded with certain economic improvements. Standard & Poor’s said it lowered the country’s long-term foreign …
Moody's changes outlook on Azerbaijan's banking system to stable
Moody's Investors Service's outlook for Azerbaijan's banking system has been revised to stable from negative. Moody's also expects that the loan portfolio of Azerbaijani banks in 2018 will grow by 5 to …
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 …
Moody's about 2018 World Cup's impact on Russian economy
The 2018 football World Cup will have little lasting impact on the Russian economy, Rating agency Moody’s Investors Service said. “We see very limited economic impact at the national level given the limited duration of the …
Moody's: Russian economy resilient to US sanctions
Rating agency Moody’s Investors Service said that Russia’s strong public and external finances would shield its economy from the impact of the latest US sanctions. However, according to the agency, the sanctions will be …
Moody's downgrades Turkey's rating, but improves outlook
Moody's downgraded Turkey's sovereign rating to 'Ba2' from 'Ba1', but changed its outlook to "stable" from "negative", the global rating agency said. According to Moody's, the …
Moody’s expects Azerbaijani economy to grow
Azerbaijan’s GDP may grow 1.5% in 2018, Moody’s Investors Service said in a report. The agency said that the rebound in oil prices since early 2017 has contributed to a stabilization in Azerbaijan's economy …
Russia can withstand new sanctions: Moody's
The country's sovereign rating may be upgraded by the end of the year
Moody's improves outlooks on ratings of Russia's Krasnodar and Krasnodar Krai
Moody's Investors Service has changed to positive from stable the outlooks on the ratings of 11 regional and local governments in Russia, including Krasnodar. Moody's has also changed outlooks to stable from negative for …
VTB chair on Moody's outlook on Russia: that's right
President and Chairman of the Management Board of Russia's VTB Bank Andrei Kostin sees the prerequisites for further positive decisions on Russia's sovereign rating. "That's right, this is just the …
Moody's upgrades outlook on Russia's sovereign rating
Moody's rating agency has changed the outlook on Russia's Ba1 long-term issuer and senior unsecured debt ratings to positive from stable. Moody's also affirmed Russia's long-term ratings at ‘Ba1’, the agency said in a …
Moody's forecasts Russia’s GDP growth at 1.5% in 2017-2018
International rating agency Moody's expects Russia’s GDP to grow annually by 1.5% in 2017 and 2018, the agency said in a press release. "Moody's forecasts that real GDP growth will increase by 1.5% per year in 2017 …
