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Credit Rating Standard & Poor's News Monitoring

  • Published on Apr 25, 2025

    LA's credit rating downgraded amid $1 billion deficit, 'structural imbalance'

    (The Center Square) – Standard & Poor's 500 downgraded its credit rating of city of Los Angeles general obligation bonds, citing its “weakening financial position and an emerging structural imbalance.” Los Angeles faces a $1 billion deficit, having …

    Source: The Center Square - Right-wing
  • Published on Apr 25, 2025

    DC loses ‘Aaa' credit rating, gets negative outlook amid federal layoffs

    Federal worker layoffs and uncertainty over policy changes under the Trump administration have caused D.C. to lose its top "Aaa" credit rating with Moody's Ratings. Moody's, one of the three major bond rating agencies, announced Wednesday …

    Source: NBC 4 - Washington D.C. - Neutral
  • Published on Apr 28, 2025

    S&P Warns Australia AAA Rating at Risk From Election Pledges

    (Bloomberg) -- S&P Global Ratings warned Australia’s prized AAA sovereign credit rating may be at risk if election campaign pledges result in larger structural deficits, debt and interest costs, highlighting fiscal pressures facing the next government. …

    Source: Yahoo Finance - Pending
  • Published on Apr 30, 2025

    At IMF Nigeria is winning praise, but the money isn’t flowing—this is why  

    In a chartered room on the 14th floor of the NASDAQ Building in Times Square, New York, sat a high-powered mix of global finance heavyweights, investors from JP Morgan, Standard Chartered, and other top institutions. Beside them were influential members of …

    Source: Nairametrics - Neutral
  • Published on Apr 24, 2025

    Government upbeat on steady credit rating

    Fiscal discipline remains key attribute The government remains confident that credit rating agencies will maintain Thailand's sovereign credit rating at its current level thanks to the strength of Thai financial institutions and the country's …

    Source: Bangkok Post - Center-right
  • Published on Apr 24, 2025

    DOGE just cost DC one of its ‘Aaa’ credit ratings

    Credit rating agency Moody’s has cut its credit rating for the D.C. government from its top Aaa rating to Aa1 and revised its outlook to "negative." Here's why it was downgraded. Credit rating agency Moody’s has cut its credit rating for the …

    Source: WTOP - District Columbia - Neutral
  • Published on Apr 30, 2025

    Federal Election 2025: Chalmers lauds inflation figures ahead of vote

    The latest inflation figures are “proof” Labor’s economic plan is working, Jim Chalmers has declared with just three days until the federal election. Australians have been weathering climbing housing costs, pricier groceries and hiked energy bills — all …

    Source: The West Australian - Center-right
  • Published on Apr 23, 2025

    S&P upgrades Togo’s sovereign credit rating to B+, outlook stable

    S&P Global Ratings has recently announced an upgrade in Togo's long-term local and foreign currency sovereign credit ratings to B+, with a stable outlook. This move comes as a testament to the resilience and growth potential of the Togolese economy …

    Source: CNBC Africa - Neutral
  • Published on Apr 30, 2025

    Andrew Weare named Lead Underwriter Mining for HDI Global SE

    HDI Global SE, the Corporate & Specialty Division of the Talanx Group, has announced the appointment of Andrew Weare as new Lead Underwriter Mining, succeeding Matthew Johnson who is retiring. In his new role, Weare, who has been with HDI Global for …

    Source: Reinsurance News - Neutral
  • Published on Apr 30, 2025

    More than 50,000 workers go on strike as budget woes disrupt LA County

    Public hospitals diverted ambulances. Beach crews cleared wildfire debris without heavy equipment. Libraries closed. Thousands of nurses stayed home. A two-day strike in Los Angeles County kept some 55,000 unionized public employees off the job Tuesday as …

    Source: The Spokesman-Review - Washington State - Neutral
  • Published on Apr 26, 2025

    S&P lowers city of L.A.’s bond ratings amid budget crisis

    S&P Global Ratings has lowered the bond ratings for the city of Los Angeles, which is trying to close a nearly $1-billion budget deficit. On Friday, the credit rating agency downgraded its long-term rating for the city’s general obligation bonds to AA- …

    Source: Los Angeles Times - Center-left
  • Published on Apr 26, 2025

    S&P affirms Taiwan's long-term rating at 'AA+'; outlook stable

    Taipei, April 26 (CNA) S&P Global has affirmed its "AA+" long-term and "A-1+" short-term credit ratings for Taiwan, saying geopolitical unease is not expected to affect the local manufacturing sector's development over the long …

    Source: Focus Taiwan - Neutral
  • Published on Apr 30, 2025

    How India's dam build-up powers Indus water pushback to Pakistan

    India, in the aftermath of the deadly Pahalgam terror attack, putting in abeyance the 1960 pact on sharing of river waters of the Indus network, commonly known as the Indus Waters Treaty (IWT), has grave implications for neighbouring Pakistan. A rattled …

    Source: India Today - Neutral
  • Published on Apr 30, 2025

    RBA interest rates: Core inflation back into target band for first time since 2021

    New consumer price data will give the Reserve Bank room to move on interest rates, with core inflation returning to the target range for the first time since 2021. Core inflation — also known as trimmed mean as it removes volatile items — was 2.9 per cent …

    Source: The West Australian - Center-right
  • Published on Apr 30, 2025

    The two worrying trends revealed in Australia’s AAA warning

    Apr 30, 2025 – 9.00am Gift this article Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? Login Ratings agency S&P this week warned that Australia’s AAA credit rating – …

    Source: Financial Review - Center-right
  • Published on Apr 29, 2025

    Budget 2025: Government trimming spending in big way - here’s what it might cut and why

    What does that mean? Well, according to the most recent Treasury forecast, the Government will spend $149.8b in the next Budget. An enormous amount of this is non-discretionary spending which the Finance Minister doesn’t have much control over (unless they …

    Source: The New Zealand Herald - Neutral
  • Published on Apr 29, 2025

    Junk-rated American Airlines backs Tulsa airport trust bonds

    An American Airlines plane outside of a maintenance hanger at Tulsa International Airport in 2019. The junk-rated airline is backing bonds to finance improvements to its overhaul and maintenance base in Tulsa. Bloomberg News A junk-rated, $350 million …

    Source: The Bond Buyer - New York - Neutral
  • Published on Apr 29, 2025

    Is The U.S. Staring Down Another Rating Downgrade?

    NEW YORK, NY - AUGUST 05: An ABC News ticker reads "Standard & Poor's downgrades US credit rating ... More from AAA to AA+" in Times Square on August 5, 2011 in New York City. The ratings agency decided to downgrade the US credit rating …

    Source: Forbes - Neutral
  • Published on Apr 29, 2025

    Dutton walks out of press conference as Albanese prepares for blitz of six states

    Peter Dutton cancelled a scheduled press conference after he was gatecrashed by anti-nuclear protesters and then cut short a second media event, walking out when asked to defend his accusations that reporters covering his campaign were “biased”. The …

    Source: The Guardian - Center-left

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