Tag: Fitch

• Thursday, September 30th 2021 - 09:20 UTC

  Fitch optimistic about Brazil, but fears fiscal sustainability is precarious

  

  Credit rating agency Fitch improved its prospects for Brazil's primary deficit and overall debt in 2021 but also pointed out several uncertainties among which sustainability of the fiscal front, possible political instability, and the approval of the new food subsidies to help the vulnerable population.

• Friday, January 22nd 2021 - 09:31 UTC

  Fitch forecasts Latin American economies will rebound but with downside risks

  

  Fitch Ratings forecasts Latin American economies will rebound this year from the 2020 recession but risks remain in particular because of the evolution of the COVID-19 pandemic.

• Saturday, October 10th 2020 - 08:55 UTC

  Fitch confirms Uruguay's investment grade at BBB-, but warns about inflation, deficit and public debt

  

  Fitch Ratings, one the world's leading credit rating agency has confirmed Uruguay's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-', however with a Negative Outlook, despite the country faring much better than its neighbors.

• Friday, December 6th 2019 - 08:52 UTC

  Brazilian government optimistic about reforms and the economy's performance forecast

  

  The Brazilian government’s commitment to getting public finances in order and maintaining strict fiscal discipline will lead to the country’s sovereign credit rating being upgraded, Treasury Secretary Mansueto Almeida said on Thursday.

• Saturday, November 9th 2019 - 10:45 UTC

  Brexit-era paralysis: Moody's downgrades UK's debt to negative

  

  Moody's on Friday downgraded the outlook for Britain's debt, citing mounting policy challenges amid the Brexit debate. The agency cut the outlook to negative from stable but kept the debt at the investment-grade Aa2.

• Friday, May 17th 2019 - 09:24 UTC

  Fitch rating agency says uncertainty overflying the Brazilian economy

  

  Brazil’s push to overhaul its costly social security system is a welcome step toward healing public finances and the economy, but is not enough to stabilize public debt or trigger a positive review on the country’s credit rating, directors at rating agency Fitch said on Thursday.

• Wednesday, January 30th 2019 - 08:48 UTC

  Emerging markets vulnerable to US higher rates and stronger dollar

  

  Emerging markets face more downgrades than upgrades this year as foreign debt levels leave them vulnerable to rising U.S. interest rates and the strength of the dollar, according to Fitch Ratings. Latin America, the Middle East and Africa will be impacted more by lower credit scores because of the high share of their foreign-currency debt, said James McCormack, Hong Kong-based global head of the sovereign and supranational group at Fitch.

• Thursday, November 8th 2018 - 08:20 UTC

  Fitch lowers prospects for Argentine sovereign debt to negative

  

  The credit rating agency Fitch lowered the prospects for Argentine sovereign debt to negative, arguing the overall weakness of the economy and an uncertain scenario for fiscal consolidation in coming years.

• Sunday, October 28th 2018 - 18:00 UTC

  Fitch cautious about UK as no-deal Brexit scenario looks inevitable

  

  The increased likelihood of a no-deal Brexit scenario has led ratings agency Fitch to envision serious damages to the United Kingdom's economy for future assessments, although it maintained Britain's long-term AA grade... For now.

• Friday, February 1st 2013 - 07:38 UTC

  Chile and Uruguay banks outlook for 2013 stable and negative for Argentina, says Fitch ratings

  

  The outlook for Southern Cone Banks is mixed in 2013, with a stable outlook for Chile and Uruguay, while Argentina faces a negative outlook and the potential for downgrades, according to a new Fitch Ratings report.