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The international agency Fitch Ratings has affirmed the long-term issuer default ratings of the issuer of Lithuania in foreign and local currency at the level of “A-”. Short-term issuer default ratings are affirmed at “F1”, the country ceiling rating is at the “AAA” level. The agency revised the Lithuania outlook from “stable” to “positive', based on a positive assessment of the country's economic growth, fiscal policy pursued by the state, and positive financial results of the state sector. Positive factors also include a steady improvement in the state of external debt obligations and the continued decline in the ratio of public debt to GDP.
The second quarter had seen Australian consumer prices dropping by a record. This could be attributed to the coronavirus crisis dragging child care cost and petroleum prices, inflicting a serious damage to years of growth toward higher inflation. Last ...
After a record decline seen last quarter, Britain’s economy is expected to grow at its most rapid pace in decades. The recovery is likely as large portions of the economy resumed operations after coronavirus-related lockdowns were lifted. Despite ...
June had seen Japan’s wholesale prices dropping slower than May’s historic decline. This followed as commodity costs advanced and some of the virus-driven deflationary pressure eased on a rebound monitored in Chinese demand. The ...
June had seen Philippine inflation advancing faster than what was initially thought. This followed after one of the world’s longest coronavirus lockdowns was lifted. Moreover, food, fuel prices, and the transport index were seen at higher ...
Asian shares gained on Tuesday after China’s manufacturing sector grew more than anticipated in June. The gain was a positive sign despite the global economic struggle amid the coronavirus pandemic. MSCI’s broadest index of Asia-Pacific ...
KYC Policy