Tag: Moody's

• Saturday, September 10th 2022 - 10:35 UTC

  Latin America growth not looking bright for Moody's in 2023

  

  Credit rating consultants Moody's has warned that inflation and political risk will undermine Latin America's growth through 2023 amid recession both globally and in the region's main economies.

• Wednesday, February 9th 2022 - 22:08 UTC

  No harm in Uruguay's banking system dollarized, Moody's report says

  

  Although 76% of deposits in Uruguayan banks are in US dollars, credit rating consultants Moody's have said there was nothing to fear.

• Wednesday, August 26th 2020 - 09:51 UTC

  Moody's downgrades Chilean debt outlook to negative from stable: expected to double in five years

  

  Moody's Investors Service, (“Moody's”) has changed the outlook to negative from stable on the Government of Chile and affirmed the A1 long-term local and foreign currency issuer and senior unsecured ratings, and the (P)A1 foreign currency senior unsecured shelf ratings.

• Saturday, August 8th 2020 - 08:20 UTC

  Credit rating agencies have their doubts about Argentina's economic outlook

  

  Argentina’s US$ 65 billion debt restructuring agreement with bondholders will likely lead to credit upgrades but is far from ensuring the country’s longer-term economic future, rating agencies commented on Thursday.

• Saturday, April 4th 2020 - 09:05 UTC

  Moody's downgrades Argentina's credit rating

  

  Moody's downgraded Argentina’s credit rating on Friday, cutting it to Ca from Caa2 in a move that reflects the firm’s expectation that private creditors will incur losses as a result of the government’s efforts to restructure its sovereign debt.

• Wednesday, February 12th 2020 - 09:00 UTC

  Moody's presents a positive outlook for Brazil's sovereign credit profile

  

  Capital outflows from Brazilian asset markets and the Real's slide to new all-time lows against the U.S. dollar pose little threat to Brazil's sovereign credit profile, ratings agency Moody's said on Monday.

• 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.

• Tuesday, July 16th 2019 - 10:51 UTC

  US qualifies Uruguay as a safe country to invest but warns about union power

  

  A report issued by the United States Department of State on the investment climate in Uruguay on Monday analyzed the legal, political and economic aspects of the country. On the one hand, it stands the legal security, the free movement of capital, the preferential regimes and the investment grade. On the other, it warns about aspects such as labor relations, the power of unions, the advantage of public companies and the increase of problems in education and security.

• Saturday, October 27th 2018 - 09:01 UTC

  S&P lowers Italy's outlook to negative; criticizes Rome's economic and fiscal policies

  

  Standard & Poor’s on Friday left Italy’s sovereign debt rating unchanged but lowered its outlook to negative from stable, saying that the new government’s policy plans were weighing on the country’s growth and debt prospects.