Credit Rating Budget News Monitoring

Federal election 2025: Spendathon risks Australia’s AAA credit rating in rare rebuke

A rare rebuke by global ratings agency S&P has overshadowed Labor’s attempts to paint itself the more responsible economic manager, as election sweeteners threaten Australia’s top AAA credit rating. Treasurer Jim Chalmers on Monday attempted to outplay …

Fitch Ratings assigns Kyrgyzstan “B” credit rating

The Kyrgyz Republic has been assigned a credit rating of «B» with a «Stable» outlook by the international rating agency Fitch Ratings, the Cabinet of Ministers reported. This event has become an important step in strengthening the confidence of  …

Election cash splashes poses ‘risk’ to Australia’s AAA credit rating

Big spending election promises made by both major parties that aim to ease cost of living pressures, bolster healthcare, boost housing supply and more could threaten Australia’s top tier credit rating. This is the warning of ratings agency S&P Global …

Australian budget: Bipartisan spendathon will put credit rating at risk, pushing up interest costs

Chalmers reveals modest improvement to $150b deficit despite warning on AAA credit rating

“We will finish this election campaign with the budget in a stronger position than at the start of the election campaign,” he said. But S&P, which famously downgraded the United States’ AAA credit rating in 2011, believes growing risks to the global …

‘Real risk is Labor’: Coalition promises budget improvement above Labor’s $1bn deficit reduction

The Coalition has promised to deliver a stronger budget than Labor after Treasurer Jim Chalmers announced $1 billion in overall savings over the forward estimates. Mr Chalmers claimed in his election costings that he would offset new spending through …

County supes to tackle new budget amid federal uncertainty

The Contra Costa County Board of Supervisors will spend two days this week deciding how to administer a $7.131 billion recommended budget for fiscal year 2025-2026 amid uncertainty concerning federal budget cuts in multiple areas. The county said in a …

Labor announces $1 billion in budget savings amid warnings over soaring government spending

Labor has pledged to offset new spending by saving $6.4 billion over four years by slashing reliance on consultants, contractors, and labour hire. It also committed to raising an additional $760 million by increasing the visa application charge for primary …

Labor announces $1 billion in budget savings amid warnings over soaring government spending

Labor has pledged to offset new spending by saving $6.4 billion over four years by slashing reliance on consultants, contractors, and labour hire. It also committed to raising an additional $760 million by increasing the visa application charge for primary …

Namibia’s sovereign credit rating remains positive

Namibia’s sovereign credit rating has remained stable and positive, according to Moody’s and Fitch ratings. Moody’s rated Namibia with a B1 earlier this month. This positive rating comes from the prospect of hydrocarbon and renewable energy resource …

Trump tariffs could throw off Ford's path to balanced Ontario budget

U.S. President Donald Trump's chaotic trade war will loom large over Doug Ford's provincial budget, with experts saying billions in financial aid to impacted workers and businesses will throw a wrench in the premier's plan to balance Ontario…

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 …

Labor releases election promise costings including saving of $6.4bn from cutting more consultants

A re-elected Albanese government says it would find a further $6.4bn in savings by continuing to slash the federal government’s use of consultants and labour hire firms and ensuring public servants do more core work themselves. The savings were announced …

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 …

Election Diary: Labor to slash more consultant costs and increase visa charges to pay for fresh election commitments

The government has dug out last-minute savings of more than A$7 billion, to ensure its election commitments are more than offset in every year of the forward estimates. Its costings, released Monday, include savings of $6.4 billion from further reducing …

Afternoon Update Election 2025: Labor’s policy costings; marginal seat blitz; and another Coalition auto bungle

Hello readers, and welcome to today’s election edition of Afternoon Update. It’s the final week of the campaign and Labor is spruiking its financial management credentials as it releases the costings for its election policies. If re-elected, Labor will …

Coalition rejects treasurer’s nuclear power plant claim – as it happened

Key eventsShow key events onlyPlease turn on JavaScript to use this feature What we learned this Monday 28 AprilWe’ll be wrapping up the blog, here’s what happened today: The final week of the campaign kicked off with a whirlwind day of travel for the …

Trump cuts help cause D.C. to lose Aaa credit rating, says city's CFO

Moody’s has revoked the District of Columbia’s Aaa credit rating due to the Trump administration’s shrinkage of the government workforce and the city’s shaky real estate outlook, D.C.’s chief financial officer said Thursday. Glen Lee, who has a mandate …

Annual Report 2024

2024 saw the ECB advance further through its monetary policy cycle. This cycle has consisted of three distinct phases. The first was a tightening phase, which ran from July 2022 to September 2023, during which interest rates rose by a record 450 basis …

Save Illinois Coalition Moves to Terminate Sanctuary Status in 2026 - April 30th Event Kicks Off Petition Drive

CHICAGO, IL, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- The Save IL Coalition, a newly established bipartisan organization, aims to drive petition signatures to terminate the sanctuary status of the state and city of Chicago during the …

Mount Laurel Animal Hospital Fulfills Shelter Wish List for Homeward Bound on National Adopt a Shelter Pet Day

In a powerful display of compassion and community collaboration Mount Laurel Animal Hospital fulfills hundreds of items on a rescue’s wish list. MOUNT LAUREL, NJ, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- In a powerful display of …

Superior Arbor Management Honored with 'Best of Dawson 2025' Award for Outstanding Tree Services

DAWSONVILLE, GA, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- Superior Arbor Management, a trusted leader in professional tree care services, is proud to announce its recognition as a winner of the prestigious "Best of Dawson 2025…

Selfcatering.co.uk Make Searching for a Holiday Cottage Easier with Brand New Search and Filter Options

Lightwater, Surrey – Selfcatering.co.uk, the UK’s leading online platform for holiday cottages and self-catering properties, is thrilled to announce the launch of its website’s new Search Filters – Click Here, which offer a faster, more streamlined …

ProCare Oviedo Chiropractors Introduces Advanced Non-Surgical Spinal Decompression Therapy

Oviedo, FL – ProCare Oviedo Chiropractors is proud to announce the enhancement of its spinal health services with the introduction of advanced non-surgical spinal decompression therapy. This innovative treatment offers a non-invasive solution for …

Kongsberg Celebrates Canadian Office Expansion with Ribbon-Cutting Ceremony in Kanata

KANATA, ONTARIO, CANADA, April 28, 2025 /⁨EINPresswire.com⁩/ -- Kongsberg Geospatial, a leading Canadian developer of mission-critical geospatial, defence and security technologies that is part of the Kongsberg Group, is pleased to announce the …

2025 Ranking Digital Rights Index shows stagnation from Big Tech on user rights despite seismic shifts within industry

AMSTERDAM, NETHERLANDS, April 28, 2025 /⁨EINPresswire.com⁩/ -- Despite growing threats to users’ rights online and the explosion of generative AI, the world’s largest tech giants are still failing to create the guardrails needed to protect the …

Surcheros Rewards Loyalty Members with Points This Cinco de Mayo

Celebrate with Fresh-Mex favorite and earn extra points on all purchases, all day long on May 5 ALPHARETTA, GA, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- Surcheros, a community favorite rooted in bold flavors with Southern hospitality …

Sell The Trend Announces Integration with eBay to Expand Dropshipping Capabilities

Sell The Trend adds eBay integration, letting users list products, manage, and fulfill orders across multiple channels from one platform MIAMI, FL, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- Sell The Trend, a leading all-in-one A.I. …

TrueComp Appoints New CEO and CRO to Lead Company’s Next Growth Phase

Executive hires underscore company’s momentum and commitment to smarter government workforce solutions WEST HOLLYWOOD, CA, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- TrueComp, the pioneer of compensation analytics technology for …

With 4.3M+ Tech Community Votes, HackerNoon Announces the Winners of Startups of The Year 2024

Startups of The Year 2024 concluded with 4.3 million total votes, up from 623k+ votes last year. EDWARDS, CO, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- HackerNoon, the technology publishing company, announced today the winners and runners-up …

PowerPatent Unveils Second Generation Solutions to Revolutionize Patent Prosecution Process

PowerPatent introduces AI-driven tools to streamline patent prosecution, reducing time, costs, and enhancing strategy. NEW YORK, NY, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- PowerPatent, a leader in patent drafting and intellectual …

IBN Technologies Expands Scalable Bookkeeping Services in the USA, Empowering Kentucky SMEs with Virtual Solutions

IBN Technologies provides cost-effective bookkeeping services in the USA to help Kentucky SMEs streamline virtual operations. MIAMI, FL, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- As small and mid-sized enterprises in Kentucky continue to …

Delaware Businesses Embrace Outsourced Bookkeeping Services in the USA Amid Financial Management Challenges

Delaware firms turn to outsourced bookkeeping services in the USA to boost efficiency, compliance, and financial control. MIAMI, FL, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- As economic conditions shift, and business environments become …

Georgia Businesses Embrace Accounting and Bookkeeping Services for Improved Financial Accuracy and Efficiency

Georgia businesses grow faster with outsourced accounting and bookkeeping services improving financial clarity. MIAMI, FL, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- As the fiscal year approaches its conclusion, small and medium-sized …

Postmortem Pathology Announces Private Autopsy Services for Families in Colorado

Postmortem Pathology, a premier provider of private autopsy services and Autopsy Definition in Colorado, is offering families clarity. COLORADO SPRINGS, CA, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- Led by Dr. Dan Lingamfelter, an …

Casey's Executive Interiors Expands into Education and Healthcare Furniture

Affordable, commercial-quality furniture and free office design services for schools and medical facilities in New Jersey. GREEN BROOK TOWNSHIP, NJ, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- Casey's Executive Interiors, a leading …

The Quiet Revolution: How Targeted Biocide Formulations Are Redefining Market Dynamics in Niche Applications | FMI

The Biocides Market is set to grow steadily, driven by targeted formulations, niche applications, and rising regulatory and environmental pressures. NEWARK, DE, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧: 𝐓𝐡𝐞 𝐇𝐢𝐝𝐝𝐞𝐧 …

Babylon Labs and Nexus Mutual Innovate in Bitcoin Cover Solutions

Nexus Mutual, the largest & most trusted crypto insurance alternative, is developing slashing protection cover specifically for stakers in Babylon's protocol LONDON, UNITED KINGDOM, April 28, 2025 /⁨EINPresswire.com⁩/ -- With billions of …

VitalPBX Unveils VitXi 4.5.0-4 and 4.2.0-7: Enhanced HID Headset Support, App Badging, and More

VitalPBX releases VitXi 4.5.0-4 and 4.2.0-7, bringing App Badging, HID headset controls, and smarter call notifications. MIAMI, FL, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- VitalPBX proudly announces the latest releases of VitXi …