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S&P Downgrades Israel's Credit Rating, Citing Risks of Military Escalation With Iran
19 Apr 2024 00:27 GMT
Ratings agency S&P Global on Thursday cut Israel's long-term ratings to A-plus from AA-minus after the confrontation with Iran heightened last weekend and amidst the already elevated geopolitical risks for Israel.
"We forecast that Israel' …
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S&P to keep Israel's credit rating intact
17 Apr 2024 10:58 GMT
Despite an impending critical report from international credit rating agency S&P outlining the economic risks to Israel, a downgrade to the nation's credit rating is unlikely. This positive outlook stems from recent virtual discussions between key …
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Consider facts, not the 'opinions' of global credit rating agencies
15 Apr 2024 02:58 GMT
Despite ideologues linked to "mainstream" currents trying to convince ordinary people otherwise, economics is not an exact science.
Neoliberal economists use projections such as graphs, equations and correlations to support their arguments, which …
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Repeat offenders made up 40% of US corporate defaults in 2023, Moody's says
16 Apr 2024 17:02 GMT
STORY CONTINUES BELOW THESE SALTWIRE VIDEOS
By Matt Tracy (Reuters) - Around 40% of U.S. companies that defaulted on their debt obligations in 2023 had previously done so, according to a new report from credit ratings agency Moody's. These and other …
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S&P cuts Israel's long-term ratings to A+ from AA- on heightened geopolitical risk
19 Apr 2024 00:09 GMT
Ratings agency S&P Global on Thursday cut Israel's long-term ratings to A-plus from AA-minus after the confrontation with Iran heightened last weekend and amidst the already elevated geopolitical risks for Israel.
"We forecast that Israel' …
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AbbVie Q1 Earnings Preview: No Repeat Of Last Year's Q1 Disappointment
18 Apr 2024 18:56 GMT
Galeanu Mihai Investment Overview - AbbVie In The Post Humira Era AbbVie Inc. (NYSE:ABBV), the Chicago, Illinois based Pharma giant, will announce its Q1 2024 earnings pre-market next Friday, 26th. Analysts are forecasting earnings per share ("EPS…
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The Coal Mine Canary - Don't Ignore J.B. Hunt Earnings
18 Apr 2024 18:56 GMT
ablokhin Introduction It's earnings season, which means in addition to discussing dividend (growth) strategies and investments, we'll take a closer look at companies that tell us all we need to know about the health of the economy, in general, …
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International Money Fund warns on U.S. debt 'something will have to give'
18 Apr 2024 16:21 GMT
(The Center Square) – The International Monetary Fund warned the United States that government spending and increasing national debt are not sustainable and could hurt the global economy.
The Washington, D.C.-based group that represents 190 member …
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Q1 2024 Credit Commentary - Will This Be The Year Credit Trends Reverse?
18 Apr 2024 12:29 GMT
Richard Drury By Patricia Healy, CFA Interest rates and inflation are still up, but the Fed has paused and indicated that easing will be the next step. However, given better-than-expected economic data, the estimates of rate cuts are fewer and farther in …
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Allentown City Council approves liquor license transfer for downtown restaurant
18 Apr 2024 03:36 GMT
ALLENTOWN, Pa. – Allentown City Council voted Wednesday to adopt a resolution to allow an intermunicipal liquor license transfer for a proposed restaurant at 950 Hamilton St.
The license will be transferring from Haaks School House LLC, Germansville.
David …