Tag: Moody’s

Moody’s Cuts Russia Rating to Ca on Rise in Default Risk

March 7, 2022
Business & Economycredit ratingeconomic policieseconomyMarketsMoody'sRussia
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LONDON—Moody’s cut its credit rating on Russia to Ca on Sunday and kept a negative outlook, citing central bank capital controls that would restrict cross-border payments including on debt. The downgrade is “driven by severe concerns around Russia’s willingness and ability to pay its debt obligations,” the rating agency said, adding that default risks had…

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Fitch, Moody’s Cut Russia’s Sovereign Rating to ‘Junk,’ Rouble Dives to Record Low

March 3, 2022
Business & Economyeconomic policieseconomyEuropeFitchInternationalInvestmentMarketsMoody'sRussia-Ukraine WarRussian debtWorld
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Rating agencies Fitch and Moody’s have downgraded Russia’s sovereign rating to junk status as a consequence of tough Western sanctions over the Kremlin-ordered invasion of Ukraine, sending the rouble plunging to a record low. Fitch downgraded Russia to “B” from “BBB” and put the country’s ratings on “rating watch negative.” Moody’s cut Russia’s rating by…

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Moody’s Expects Tesla to Stay at EV Leader Spot, Upgrades to ‘Ba1’

January 25, 2022
Business & EconomyCompaniesMarketsMoody'sratingstockstesla
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Moody’s upgraded Tesla Inc.’s debt rating by two notches to “Ba1” from “Ba3” on Monday, reflecting the ratings agency’s expectations that the Elon Musk-led company will maintain its position as the leading battery electric vehicle manufacturer. Moody’s affirmed in a note that Tesla’s outlook remains positive and the company will continue to increase its scale…

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Health Care Workers Sue Two Louisiana Hospitals Over COVID-19 Vaccine Mandates

September 22, 2021
CCP VirusdefaultMoody'sRegional NewsRegional-Local NewsUSUS NewsVaccines & Safety
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Dozens of health care workers are suing two hospital networks in Louisiana over their COVID-19 vaccine mandates for employees, arguing that studies have shown the vaccines do not prevent the transmission of the virus. Lawyers for the plaintiffs said they are seeking temporary and permanent injunctions against vaccine mandates that were handed down by the Ochsner Lafayette…

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China’s Three-Child Policy Unlikely to Boost Birthrate—Moody’s

June 7, 2021
ChinaChina Human RightsChina SocietyChinese RegimeInternationalMoody'sone-child policyWorld
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A new Chinese policy allowing couples to have up to three children could support fertility but is unlikely to dramatically change the country’s birthrate, rating agency Moody’s Investors Service said on Monday (June 7). China announced on May 31 that married couples may have up to three children in a major shift from a limit…

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