credit ratings
Coverage of credit ratings in the Nexus archive.
- Africa: Can an African Credit Rating Agency Overcome Investor Scepticism?
The article discusses whether current credit ratings disadvantage Africa and questions if establishing an African credit rating agency would be perceived as self-serving. It highlights concerns about credibility and potential conflicts of interest.
- S&P Global improves outlook on city of Houston’s finances
S&P Global has improved its outlook on the city of Houston’s finances. The credit ratings agency had previously lowered its outlook in 2024.
- EU Rides Out Budget Spat Without Spooking Markets or Ratings
The European Union managed a budget dispute without causing market or credit rating agency concerns. The spat did not lead to significant financial market reactions or downgrades.
- Iran war threatens major food shortages in Africa, S&P warns
S&P warns that the Middle East conflict is straining Africa's energy and food systems, risking credit ratings and economic stability. Disruptions in the Strait of Hormuz have blocked fuel and fertilizer exports, threatening import-dependent nations like Madagascar, Benin, Mozambique, and Guinea. Fuel cost hikes have already sparked protests in countries such as Comoros and Kenya.