debt ceiling deal in principle though. and now the race is on get the votes to pass it and get it signed in order to avoid a default. if you are planning to go to the beach this weekend, be cautious. officials are telling people to be on high alert after a string of recent shark sightings and some attacks. what you need to know to protect yourself and your family. a warning from the surgeon general. why he says social media presents a, quote, profound risk for children. we are going talk to an experts about what parents can do to protect their children. have you seen it? i mean, it was a huge night for boston and the celtics. this buzzer-beater really is a fraction of a second at the ind end. you ve got to look closely to see it. they forced a winner-take-all game seven. we will show you highlights ahead. all right. we begin this morning with the race in washington to craft legislation, the text of it all, to raise the nation s debt ceiling and avoid an historic defau
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our political system is very fractured and you saw that, for example, two years ago in the failed coup d etat. this is really as probably as divided a country as we have seen since the 1850s. so as you know, i mean, there are three major credit rating companies, including s&p, and now you have fitch, who has put the u.s. on notice for a potential demotion from its aaa rating. even if the u.s. government avoids a default, do you think the u.s. deserves to lose its top tier rating with fitch or the other with moody s? well, fitch and moody s have to speak for themselves. as i said, when you have got a situation where you can default on your debt within a week and non-trufial possibility of that, it s simply not consistent with the aaa rating. going from aaa to d is a very bad rating transition.
KUALA LUMPUR (Aug 26): RAM Rating said its rated portfolio profile remains robust with about 80% carrying AA3 or higher ratings, which indicate a strong capacity to meet debt obligations on a timely basis.
04 Mar 2021 / 09:30 H.
PETALING JAYA: RAM Ratings said it expects the negative bias in rating actions to remain through the next few quarters, as 14 RAM-rated entities still carried a negative outlook as at end-December 2020.
“That said, we expect the overall rated credits to withstand near-term pressure because over 80% of our portfolio is anchored by financial institutions and project finance companies with strong capitalisation, robust liquidity buffers and healthy cashflows.
“In view of MCO 2.0, RAM is currently undertaking another portfolio-wide assessment which will be released soon. The preliminary results indicate limited near-term rating pressure on our portfolio,” RAM said in conjunction with the release of its latest annual Corporate Default and Rating Transition Study.
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