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BIZARRE: 2 - What They Never Told You

No-brainer fashion resolutions to make for 2025

Here are four ways to revamp your wardrobe for the New Year.

The Independent UK

Millions in bonds for Israel put US states at odds with investment policies

US states spend millions on Israeli investments but risk non-compliance with their own policies.

Al Jazeera

Scandal-hit Thames Water blocked from paying 'undeserved' bonuses for top bosses from customers' money

Eight other water firms won’t be using customers’ funds to pay bonuses

Evening Standard

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Southern Water gets rating downgrade amid ‘challenging funding conditions’

Southern’s latest downgrade by Fitch follows a similar move by ratings agency Moody’s earlier in November.

Evening Standard

France faces credit downgrade as Moody's readies verdict on €3.2 trillion debt

Earlier this month, U.S. credit rating agency Fitch upheld its AA- rating for French debt, but shifted the outlook from "stable" to "negative." On 25 October, Moody’s is set to deliver its assessment. If France’s budget plans falter, the country risks a credit rating downgrade, which would drive up borrowing…

Radio France Internationale

Fitch agency maintains France's 'AA-' credit rating but downgrades outlook

Fitch Ratings revised France's long-term outlook to "negative" on Friday while keeping its rating at AA-. The company cited increased fiscal policy risks, with government debt moving toward 118.5 percent of GDP by 2028.

France 24

Hurricane Milton To Push 2024 Insured Losses Beyond $100 Billion: Fitch

Fitch said that they estimate that the insured losses will be ranging from $30 to $50 billion. This will be the largest insured loss after Category 4 Hurricane Ian in 2022.

International Business Times

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Hurricane Milton Causes Record Insured Losses, Florida Market Vulnerable

Fitch Ratings reports Hurricane Milton's insured losses of -50 billion, surpassing Hurricane Ian's impact. Potential uninsured losses and challenges in ...

Top News

Rating agencies and Africa: the absence of people on the ground contributes to bias against the continent – analyst

Rating agency Fitch recently warned that the rapid spread of the mpox virus in sub-Saharan Africa could add to the fiscal pressures many countries in the region are already experiencing.

The Conversation

Israel's Economy Faces Challenges Amid Ongoing Conflict

Limited impact of Israel's general strike on economy amidst ongoing conflict with Gaza. Financial markets react positively.

Top News

Israel's economy is struggling. Economists say ending the war would help

Nearly 11 months into the war with Hamas, Israel’s economy is struggling as the country’s leaders grind ahead with an offensive in Gaza that shows no signs of ending and threatens to escalate into a wider conflict

The Independent UK

Gaza war extends toll on Israel’s economy

Combat operations are straining Israel’s economy, leading to shrinking of the GDP and downgrading of sovereign rating.

Al Jazeera

Fitch Downgrades Israel Citing War In Gaza

US credit rating agency Fitch downgraded Israel a notch on Monday, warning that its ongoing conflict against Hamas in Gaza could last "well into 2025" and weigh on economic activity.

International Business Times

College isn’t just expensive for students, it’s also expensive for colleges—and the squeeze is worsening for private schools

Fitch Ratings said recent tuition increases at private colleges and universities still weren't enough to keep pace with rising expenses.

Fortune

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Top News

South Korea's Public Finances No Longer Credit Rating Strength

Fitch Ratings' reassessment of South Korea's public finances raises concerns about its credit rating and economic resilience.

Barchart

Stock Indexes Plummet After U.S. Inflation Data Released

The major stock indexes are down more than 1% this morning after CPI data was released showing the largest increase in consumer prices in a year.

Barchart

S&P Futures Plummet After U.S. Inflation Data Released

June S&P 500 E-Mini futures (ESM24) are dropping -1.4% this morning after CPI data was released showing the largest increase in consumer prices in a year.

Barchart

S&P Futures Tread Water Ahead of U.S. Inflation Data and FOMC Meeting Minutes

June S&P 500 E-Mini futures (ESM24) are trending up +0.10% this morning as market participants refrained from making big bets ahead of the release of a crucial U.S. consumer inflation report and the Federal Reserve’s March policy meeting minutes.

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The Guardian - UK

Ratings agency downgrades China debt outlook over economic uncertainty

Fitch cut to negative comes as country moves away from reliance on growth from property sector

Al Jazeera

Ratings agency Fitch lowers China’s sovereign credit outlook to negative

Beijing says it is ‘disappointed’ with decision by US-based ratings agency.

The Guardian - UK

US inflation rises to 3.5%, weakening hopes of early interest rate cuts – business live

Rolling coverage of the latest economic and financial news

International Business Times

Fitch Downgrades China Sovereign Credit Outlook On Debt Fears

Ratings agency Fitch said Wednesday it had downgraded China's sovereign credit outlook to negative, citing increased risks to the country's public finances, in a move Beijing swiftly called "regrettable".

Top News

Fitch Revises UK Outlook To Stable Amid Easing Policy Risks

Fitch Ratings upgrades UK outlook to 'stable' citing reduced policy risks and positive economic prospects.

Al Jazeera

Fitch Ratings upgrades Qatar to third-highest on back of gas expansion

Revenues from Qatar’s LNG fields will provide budget surpluses until the 2030s, Fitch said.

Top News

Fitch Urges Egypt To Sustain Reforms For Credit Rating

Fitch Ratings emphasizes Egypt's need to sustain economic reforms for potential credit rating upgrade.

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