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COVID may be shifting ratings goalposts | Hellenic Shipping News Worldwide

Colombia’s loss of its S&P Global investment grade status last week has not only raised the usual question of who is next but also whether the number of countries seemingly being spared points to a moving of the ratings goalposts. Being stripped of one’s investment grade credit rating – which can push up borrowing costs ...
South Africa Emelia Sithole Matarise Colin Ellis Frank Gill Marc Jones Moritz Kraemer

COVID may be shifting ratings goalposts

  >>  Reuters An employee counts Colombian pesos at a store in Bogota, Colombia December 28, 2018. REUTERS Colombias loss of its S&P Global investment grade status last week has not only raised the usual question of who is next but also whether the number of countries seemingly being spared points to a moving of the ratings goalposts. "); } Being stripped of ones investment grade credit rating - which can push up borrowing costs - is chastening for any government, but Colombia is by no me...
South Africa Colin Ellis Frank Gill Moritz Kraemer Eldar Vakhitov Chief Credit Officer

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Fitch to wait until next year to make final COVID-19 judgments

4 Min Read LONDON (Reuters) - Credit rating agency Fitch says is it likely to wait until next year before making final judgment calls on many of the countries still on downgrade warnings due to the COVID-19 crisis. FILE PHOTO: Canary Wharf stands in London, Britain December 27, 2020. REUTERS/Simon Dawson/File Photo Fitch has downgraded a record 35 countries, including 10 more than once, over the last year as the pandemic has shuttered economies and sent debt levels soaring. It looks to be far f...
United States United Kingdom City Of Marc Jones Thomson Reuters Trust Principles Tony Stringer

Consents suspended on residential development in Whangārei over slip risk

Consents suspended on residential development in Whangārei over slip risk 17 Dec, 2020 05:00 PM 5 minutes to read Slumped land just off Manuka Pl prompted a geotech investigation on the adjacent Kotātā Heights subdivision that found some houses were at risk of land slip. Photo / John Stone Slumped land just off Manuka Pl prompted a geotech investigation on the adjacent Kotātā Heights subdivision that found some houses were at risk of land slip. Photo / John Stone Just-built homes in Whan...
New Zealand General New Zealand Tony Davies Colley Stan Semenoff Simon Weston Earthquake Commission

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