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International rating agency S&P Global Ratings reported on the preservation of long-term and short-term sovereign credit ratings of Kazakhstan in foreign and national currency at the level of “BBB- /A-3” with a “stable” outlook, finversia.ru wrote. Experts of the rating agency expect that the state and external balance of Kazakhstan in the next two years will be life-sustaining. They note the strong state balance and foreign liquid assets that exceed the external debt. According to S&P, a possible sharp drop in oil prices or a decline in production are among the risks that could put the ratings under pressure.
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 ...
Asian stocks fell earlier on Monday as the surge in COVID-19 cases in several countries dampened hopes for a quick economic recovery. The total number of cases worldwide has reached over 10 million, resulting in over 500,000 deaths as of June ...
The western Japan prefecture may take two more years to recuperate from the damage of the novel coronavirus crisis. The forecast was rendered by Tetsuya Kan, head of a major regional bank in Osaka, as the pandemic ransacked the city’s ...
KYC Policy