Tag #Credit Rating

smh.com.au
🌐 65% Global Worthiness
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Queensland Faces \$217.8 Billion Debt Projection, Premier Assures Public Servants

Queensland's debt is projected to hit \$217.8 billion by 2027-28, prompting Premier Crisafulli to assure public servants of job security despite Treasurer Janetzki's warning of a potential credit rating downgrade, a claim the opposition calls exaggerated.

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40% Bias Score

Decent Work and Economic Growth
lemonde.fr
🌐 85% Global Worthiness
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Moody's Downgrade Exacerbates France's Debt Crisis

Moody's downgraded France's credit rating on December 13th, 2024, the day François Bayrou became Prime Minister, increasing concerns about France's debt, projected to reach 120% of GDP by 2027, and potentially making debt repayment the top budget item by 2025; public anxiety about this has tripled s...

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52% Bias Score

Reduced Inequality
politico.eu
🌐 85% Global Worthiness
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Moody's Downgrades France's Credit Rating Amid Fiscal Concerns

Moody's downgraded France's credit rating to Aa3 from Aa2 due to concerns about the country's public finances and political instability, placing pressure on the newly appointed Prime Minister François Bayrou to address spiraling fiscal deficits.

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44% Bias Score

Reduced Inequality
lefigaro.fr
🌐 85% Global Worthiness
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Moody's Downgrades France's Credit Rating, Posing Challenge to Bayrou Government

Moody's downgraded France's credit rating, posing a challenge to Prime Minister François Bayrou's efforts to consolidate public finances amid potential market instability, following a similar downgrade by Standard & Poor's six months prior.

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52% Bias Score

Decent Work and Economic Growth
lexpansion.lexpress.fr
🌐 85% Global Worthiness
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France's Soaring Borrowing Costs Signal Growing Economic and Political Risks

France's borrowing costs recently surpassed Greece's, highlighting growing investor concerns over its high and persistent deficits, exacerbated by political instability and a looming budget crisis. This situation raises the risk of a downgrade in France's credit rating and further economic turmoil.

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56% Bias Score

Reduced Inequality
cnn.com
🌐 90% Global Worthiness
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US Debt Ceiling Reinstatement Looms, Raising Specter of Default

The US debt ceiling will be reinstated on January 2, 2025, at roughly \$36.2 trillion, prompting the Treasury to use temporary measures to avoid default. House Republicans propose a \$1.5 trillion increase paired with spending cuts, potentially creating a future crisis. A default could delay Social ...

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36% Bias Score

Reduced Inequality
tr.euronews.com
🌐 85% Global Worthiness
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Moody's Downgrades French Banks Amidst Budget Crisis and Political Instability

Moody's downgraded seven French banks and France's credit rating due to political deadlock over the 2025 budget, leading to a sell-off in French banking stocks and rising government bond yields, mirroring concerns seen during the 2009 Greek debt crisis.

Progress

56% Bias Score

Decent Work and Economic Growth
themarker.com
🌐 85% Global Worthiness
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OpenAI CEO Donates to Trump's Investment Fund

OpenAI CEO Sam Altman pledged \$1 million to Donald Trump's investment fund, following similar contributions from Meta and Amazon, highlighting a shift in tech-political alliances ahead of the 2024 election.

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52% Bias Score

Reduced Inequality
en.yna.co.kr
🌐 75% Global Worthiness
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"South Korea's Credit Rating Remains Stable Despite Political Turmoil"

"Three major global credit rating agencies—Moody's, Fitch, and S&P—maintained South Korea's stable credit rating despite the recent political turmoil, including a short-lived martial law declaration and an upcoming impeachment vote, citing the country's strong government systems and proactive commun...

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40% Bias Score

Decent Work and Economic Growth
lemonde.fr
🌐 75% Global Worthiness
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S&P Affirms France's AA− Rating Amidst Political Uncertainty

Despite political uncertainty and a potential no-confidence vote, S&P Global Ratings maintained France's sovereign debt rating at AA− with a stable outlook, citing the government's commitment to fiscal consolidation, though market concerns remain high due to rising borrowing costs.

Progress

56% Bias Score