Tag #Sovereign Debt

Showing 13 to 24 of 36 results

elpais.com
🌐 85% Global Worthiness
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Sevilla Commitment: Modest Advancements in Global Debt Resolution

The Sevilla Commitment, a result of the IV International Conference on Financing for Development, was agreed upon by 192 countries and aims to address global debt issues; however, its lack of ambition in reforming the debt architecture falls short of the urgent fiscal needs of the Global South, with...

Progress

60% Bias Score

No Poverty
forbes.com
🌐 85% Global Worthiness
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Moody's Downgrades U.S. Credit Rating, Raising Debt Concerns

Moody's downgraded the U.S. credit rating to Aa1 from Aaa due to fiscal weakening and high interest payments, raising concerns about future borrowing costs despite a stable outlook and the dollar's continued dominance.

Progress

40% Bias Score

Reduced Inequality
politico.eu
🌐 85% Global Worthiness
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Italian Government Faces Defeat in Generali Power Struggle

A power struggle at Italy's Assicurazioni Generali, Europe's third-largest insurer holding €35.6 billion in Italian sovereign debt, saw CEO Philippe Donnet retain his position against a challenge from billionaire investors backed by the Italian government, highlighting tensions between state influen...

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48% Bias Score

Decent Work and Economic Growth
liberation.fr
🌐 85% Global Worthiness
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Fitch Affirms France's 'AA-' Rating Amidst High Deficit Concerns

Fitch Ratings affirmed France's sovereign credit rating at "AA-" on March 14th, 2024, despite a projected 6% public deficit in 2024, citing a large and diversified economy but expressing concern over high public debt and political uncertainty.

Progress

40% Bias Score

Decent Work and Economic Growth
nos.nl
🌐 85% Global Worthiness
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EU's €800 Billion Defense Plan Sparks Eurobond Debate

The European Union plans to spend €800 billion on defense, with member states contributing €650 billion and the remaining €150 billion to be raised through a new, yet-to-be-defined instrument, sparking debate over potential Eurobonds and their implications for fiscal responsibility within the EU.

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48% Bias Score

Reduced Inequality
kathimerini.gr
🌐 85% Global Worthiness
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Greece Anticipates Further Credit Rating Upgrades in 2025

Greece's economy faces 2025 credit rating reviews following a 2024 Scope upgrade; the government expects further upgrades based on strong economic growth, Recovery Fund absorption, and fiscal surpluses; DBRS, Moody's, and S&P will conduct reviews, with Moody's potentially granting investment grade s...

Progress

40% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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Global Slowdown Exacerbates Debt Crisis in Developing Nations

Global economic headwinds and high sovereign debt threaten low- and middle-income countries' growth; reforming the international financial architecture, particularly debt sustainability analysis, is crucial for enabling long-term investment and development.

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48% Bias Score

Reduced Inequality
kathimerini.gr
🌐 85% Global Worthiness
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Moody's Downgrades US Credit Rating, Shrinking Elite AAA Club to 11

Moody's downgraded the US credit rating to Aa1 from Aaa due to high debt and rising interest rates, reducing the number of AAA-rated countries to 11, which now collectively represent 10% of global GDP.

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36% Bias Score

Reduced Inequality
lefigaro.fr
🌐 75% Global Worthiness
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France's 2024 Deficit: -5.8% of GDP, Exceeding EU Targets

France's 2024 budget deficit is finalized at -5.8% of GDP, exceeding the EU's 3% target but better than initially projected; national debt reached a record 113% of GDP in Q4 2024, raising concerns about France's long-term fiscal health.

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52% Bias Score

Reduced Inequality
lefigaro.fr
🌐 75% Global Worthiness
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Fitch Affirms France's AA- Rating, Maintains Negative Outlook

Fitch Ratings affirmed France's sovereign debt rating at AA- with a negative outlook, citing concerns about its deficit reduction targets despite acknowledging its strong economy and institutions; the 10-year borrowing rate reached 3.6%, a level unseen since 2011.

Progress

40% Bias Score

Reduced Inequality
lexpress.fr
🌐 85% Global Worthiness
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France Unveils Plan to Curb Public Deficit, Enhance Transparency

France's government unveiled a multi-pronged plan to tackle its widening public deficit, involving enhanced parliamentary oversight, increased transparency via a new forecasting circle and public dialogue, aiming for a 5.4% deficit-to-GDP ratio by 2025 after an S&P warning.

Progress

40% Bias Score

Reduced Inequality
elmundo.es
🌐 75% Global Worthiness
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Moody's Warns Spain's Debt Forgiveness Plan Damages Solvency

Moody's cautions that Spain's government debt forgiveness plan for autonomous communities, totaling almost €83 billion, negatively impacts the country's creditworthiness despite offering short-term solvency relief, due to concerns of moral hazard and uncertain parliamentary approval.

Progress

24% Bias Score

Reduced Inequality

Showing 13 to 24 of 36 results