downgrades

The World Bank has lowered its economic growth forecast for Sub-Saharan Africa (SSA), citing the collapse of Sudan’s economy due to its escalating civil war as one reason for the …

Fitch Ratings downgraded Israel’s long-term credit rating on Tuesday, citing the impact of the war in Gaza. Moody’s and S&P Global also cut their credit ratings for the Jewish State …

The rating agency has lowered the country’s credit rating over its $20 billion debt US-based credit rating agency Fitch has warned of an imminent default in Ukraine, announcing in a …