23 Mar 2017
Китай: Future stability clouded by the domestic debt bubble
We are about to see a changeover of the majority of the Chinese Communist Party leadership. However, political continuity will be maintained with Xi ...
Country risk modifications - March 2017
In the framework of its regular review of short-term political risk classifications, Credendo has upgraded six countries (Guyana, Malaysia, ...
Монголия: IMF bailout and creditors’ multibillion package to avoid a public debt default
A 3-year IMF ‘Extended Fund Facility’ of USD 440 m has been reached with Mongolia and is to be approved by the IMF’s Executive Board this ...
Саудовская Аравия: Pushing through further reforms
The cabinet of Saudi Arabia has agreed on the introduction of a VAT tax, showing the country’s willingness to develop alternative sources of ...
Синегал: ST political risk downgrades on the back of sharply deteriorated external liquidity, CFA franc devaluation issue rekindled
Credendo has revised upwards the highest short-term political risk rating for CFA franc zone members (see table) from 4 to 5 and downgraded ...
Египет: Further steps onto the long path towards recovery
This month, the Egyptian government has completed its expected cabinet reshuffle, which resulted in nine ministers being replaced. The ...
Гаити: Freshly sworn-in president faces myriad of difficulties
After a protracted political crisis that lasted more than a year, Haiti swore in a new president, Jovenel Moïse. Moïse will be replacing ...