The international rating agency S&P downgraded the long-term sovereign rating of Russia in foreign currency from BB+ to CCC-and the long-term rating in the national currency from BBB-to CCC-, the rating agency said on its website. …
The price war between Saudi Arabia and Russia on the global oil market may start again when prices return to the level of $50-55 a barrel, Department Director of S&P Global Ratings in Russia Alexander Gryaznov said. "Some kind …
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 …
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 …
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 …
International rating agency S&P Global Ratings has affirmed its 'BBB-/A-3' long- and short-term foreign and local currency sovereign credit ratings on Kazakhstan, the forecast is 'stable.' "The stable outlook …
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 …
S&P Global ratings agency forecast that another jump in borrowing by governments will take the global mountain of sovereign debt to $50 trillion in 2019. The firm predicted sovereigns will borrow an equivalent of $7.78 trillion …
Fitch ratings slashed the global growth outlook cut on U.S.-China trade war in its latest assessment of the global economic growth. The global gross domestic product (GDP) is lower than was previously expected as trade tensions …
The S&P international rating agency forecasts a gradual increase in real incomes of Russians, the agency said in a report. "The level of real disposable income and customer confidence may gradually increase in the long …
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 …
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 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 …
Russia’s Analytical Credit Rating Agency plans to sign a pact with China’s leading researcher Golden Credit Rating International, ACRA’s chief executive Ekaterina Trofimova said. "This will be the …
2015-2016 fears of the international rating agencies regarding the Russian economy are now largely groundless, Russian Economic Development Minister Maxim Oreshkin said. "We are close to a stable and low inflation, have returned to …
The international rating agency Moody's downgraded Saudi Arabia’s credit rating from Aa3 to A1 with a stable outlook. “A combination of lower growth, higher debt and smaller domestic and external buffers …
Moody's Interfax Rating Agency has today withdrawn its Russia national scale ratings. "This decision was taken in light of legislative changes and other potential restrictions applicable to the business of providing NSRs in …
The international rating agency Standard & Poor's has downgraded the ratings of the major oil-producing states. S&P now assumes an average Brent oil price of $40 per barrel in 2016 and $50 per barrel in 2018. Earlier, in the …
Standard & Poor's agency downgraded its oil price forecasts for Brent crude to $40 per barrel for the rest of this year, $45 per barrel for 2017 and $50 per barrel in 2018, Interfax reports. Recall that Russia's state budget …
Azerbaijani Finance Ministry has pointed out inaccuracies contained in the report released yesterday by the ratings agency Standard & Poor's, the drafters of which lowered the credit rating of the Republic by one notch from BBB-/A-3 …
