Islamabad [Pakistan], July 19 (ANI): Amid renewed political volatility, the Fitch Ratings agency on Tuesday downgraded Pakistan's outlook from stable to negative.
Washington [US], June 7 (ANI/Xinhua): The global economy is on track to grow by 2.9 percent in 2022, down 1.2 percentage points from the January projection, the World Bank Group said in its latest Global Economic Prospects released on Tuesday, warning of stagflation risk.
Islamabad [Pakistan], June 4 (ANI): The New York-based credit rating agency Moody's Investor Service downgraded Pakistan's outlook to negative from stable amid a delay in a deal with the International Monetary Fund (IMF) for an economic bailout.
Moscow [Russia], May 16 (ANI/Sputnik): The European Commission has lowered the Eurozone's GDP projection for 2022 to 2.7 per cent from 4 per cent, according to the EU body's fresh report released on Monday.
Geneva [Switzerland], April 13 (ANI/Sputnik): The World Trade Organization (WTO) has downgraded its forecast for global GDP growth in 2022 to 2.8% from the previously expected 4.1%, according to a fresh report released on Tuesday.
Moscow [Russia], March 9 (ANI/Sputnik): International rating agency Fitch Ratings said it has downgraded Russia's long-term foreign-currency issuer default rating to 'C' from 'B'.
New Delhi [India], March 8 (ANI): Global brokerage firm Credit Suisse on Tuesday downgraded Indian equities markets to 'underweight' from 'overweight' saying the high crude oil prices would lead to inflationary pressures and hurt the current account.
New Delhi [India], March 3 (ANI): The global rating agency Moody's Investors Service (Moody's) on Thursday downgraded the Government of Russia's long-term issuer (local- and foreign-currency) and senior unsecured (local- and foreign-currency) debt ratings by several notches to B3, a junk sta
Beijing [China], November 21 (ANI): China has downgraded diplomatic ties with Lithuania to the level of charge d'affaires after Taiwan opened a representative office in the Baltic state's capital Vilnius.
Washington [US] October 21 (ANI): The US credit rating agency Moody's have downgraded the credit ratings of seven Chinese real estate giants due to concerns over liquidity risks.
Hong Kong, July 6 (ANI): Fitch Ratings said on Tuesday there were no sovereign rating upgrades and only three downgrades in 1H21, marking the fewest rating actions in a six-month period in more than 20 years.
Bangkok [Thailand], July 3 (ANI): The Southeast Asian nation of Laos is struggling to meet its debt obligations amid sovereign downgrades and depleted foreign reserves.