BIZARRE: 2 - What They Never Told You

Fitch highlights asset risks for Thai banking segment

Fitch Ratings expects Thai banks' asset quality to deteriorate further this year, while the negative outlook for the country's sovereign rating could weigh on the credit profiles of some banks.

Bangkok Post · Jul 21

Flawed credit ratings in Africa: are top 3 western agencies driven by data or bias?

The three major credit rating agencies – Moody’s, S&P Global and Fitch – have often differed among themselves when rating African institutions and countries. Their opinions don’t have to be aligned, but a huge gap in the ratings suggests inaccuracies in the analyses.

The Conversation · Jul 8

AI driving credit risk, may threaten jobs and tax revenues in developed economies: Fitch

Fitch Ratings highlights AI and massive digital infrastructure spending as significant global credit risks. While AI promises efficiency, it threatens jobs and tax revenues, particularly in developed nations. Investors are also concerned about private credit's growing complexity, transparency issues, and potential contagion from equity markets, despite its unlikely systemic risk.

The Economic Times · Jul 1

Fitch cuts FY27 growth projection to 6.4%; US-Iran war to slow down economy

Fitch Ratings has reduced India's GDP growth projection to 6.4 percent for the current fiscal year. The US-Iran war is expected to slow economic activity in the September and December quarters. Rising prices will dampen consumer spending. For FY28, growth is expected to pick up to 6.7 percent. Fitch also…

The Economic Times · Jun 9

Corpus Christi delays decision on nearly billion-dollar water plant despite impending crisis

The City Council rejected the treatment plant last year over cost and environmental concerns, but plans resurfaced as the city’s water woes continued.

The Texas Tribune · Jun 3

Property prices are down in Dubai. Is it a war-induced blip, or something more serious?

Dubai’s real estate market has often defied expectations.

Fortune · Jun 1

Rating agency Fitch changes its criteria on pausing debt repayments: why it matters

A recent development in the credit rating space could signal important progress in one of the more intractable challenges in global development finance. The challenge is how countries can manage periods of acute debt stress without being pushed prematurely towards default.

The Conversation · May 28

'Downside risks': warning as state debt edges to $200b

A $200 billion state budget debt bomb remains live and ticking as a long-time Labor government favours cost-of-living measures for struggling families.

AAP · May 4

America's debt just hit a milestone not seen since WWII — and credit agencies are sounding the alarm

America's debt just surpassed the size of its entire economy. That could mean higher mortgage rates, costlier loans, and government spending ever more squeezed.

Fortune · May 3

The IMF enjoys preferred creditor status: why it shouldn’t be the judge when it comes to other lenders

The International Monetary Fund (IMF) should not be an arbiter of discussions about which other multilateral financial institutions should qualify for preferred creditor status. This is because the IMF is a direct beneficiary of the creditor hierarchy policy.

The Conversation · Apr 17