Zambia: Downgrade from 5/7 to 6/7 for medium- to long-term political risk
For a third consecutive year, Zambia’s macroeconomic and financial indicators deteriorated
A period of low copper prices and high spending needs ...
Jordan: Prime Minister’s dismissal shows challenges to implement fiscal consolidation
Nationwide protests led by Jordan’s unions against a reduction of energy subsidies and a proposed tax increase led to the dismissal of the ...
Ukraine: Adoption of anti-corruption law: a positive step but unlikely to be sufficient for the IMF to disburse its fourth tranche
The Ukrainian parliament adopted a law to create a special anti-corruption court. The same day, the lawmakers voted to sack Finance Minister ...
US steel import tariffs
A 25% tariff on all imports of steel products has been imposed by the USA, effective from 23 March 2018. Canada, Mexico and the EU were temporarily ...
07 Jun 2018
Credendo announced a EUR 40 million capital increase in its subsidiary Credendo – Single Risk
The share capital of Credendo – Single Risk has been increased from EUR 25 million to EUR 65 ...
Nicaragua: Anti-government protests likely to harm the economy
The protests began on 18 April and initially targeted pension reforms proposed by the left-wing dominated government. The reforms aimed at ...
Uzbekistan: Upgrade from 6/7 to 5/7 for medium-to long-term political risk
Credendo’s payment experience and the political and economic situation have drastically improved.
The new president adopted a more cooperative ...
Belarus: Upgrade from 7/7 to 6/7 for medium-to long-term political risk
Over the last two years, macroeconomic and financial policies have improved significantly, notably with the adoption of a more flexible exchange ...
Economic developments in the six GCC countries
The sharp drop in the oil price in 2014 forced the GCC countries to reform their economy and rethink their social contract. While some countries have ...
UAE - United Arab Emirates