Latest News for: Fiscal risks



This Day 10 Dec 2023
The global conversation on climate change  in Africa tends to be focused on physical risks ... This puts lives and livelihoods at risk on an unprecedented scale, threatens human health and wellbeing, and jeopardizes hard-won economic gains, which, in turn, could undermine societal stability.

Marstacimab Phase 3 Data Presented at ASH 2023 Demonstrate Significant Bleed Reduction in Hemophilia A ...

The Eagle-Tribune 10 Dec 2023
A further description of risks and uncertainties can be found in Pfizer’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022 and in its subsequent reports on Form 10-Q, including in the sections thereof captioned “Risk Factors” and “Forward-Looking Information ...

Moody’s upgrades Oman’s sovereign credit rating to Ba1

Muskat Daily 09 Dec 2023
Upside risks are related to the government’s improved reform momentum since 2020 and its efforts to increase economic and fiscal diversification, which support the prospect that, over time, Oman’s reliance on hydrocarbons will decline,’ the ratings agency stated.

We need a politics of North-South accommodation, not divide

Deccan Herald 09 Dec 2023
As observers of India’s fiscal federalism have repeatedly pointed out, including in this column, the growing social-economic inequities risk breaking what economist Rathin Roy calls the “fraternal principle” – the principle of richer states subsidising poorer states via ...

Gov’t happy as MPs pass foreclosure bills

FinancialMirror 09 Dec 2023
President Nikos Christodoulides expressed satisfaction with the passage of a set of bills on foreclosures on Friday, underscoring a commitment to expedite proceedings addressing risks to the country’s economy from non-performing exposures ... He argued that NPLs have been posing a risk to fiscal stability and the financial credibility of the country.

China posts fastest deflation in three years

Russia Today 09 Dec 2023
“This highlights the importance of more supportive fiscal policy,” he said in a note to Bloomberg ... China’s economic recovery has been slow this year, amid problems ranging from a troubled housing market to local government debt risks.

Beaver: US idling amid China’s military buildup

Boston Herald 09 Dec 2023
For fiscal year 2024, the Biden ... Within the Defense Department budget itself, for fiscal year 2024 the Biden administration requested $5.1 billion to “mitigate climate risk.” Jamming this sort of non-defense, politicized spending into the defense budget is especially egregious.

Wilson Beaver: Why are we doing so little to counter China’s military buildup?

Pittsburgh Tribune Review 09 Dec 2023
In fiscal year 2023, they cost around $3.4 billion each ... Within the Defense Department budget itself, for fiscal year 2024 the Biden administration requested $5.1 billion to “mitigate climate risk.” Jamming this sort of non- defense, politicized spending into the defense budget is especially egregious.

Xi says economic recovery ‘still at critical stage’

Dawn 09 Dec 2023
... system, expand domestic demand, (and) prevent and defuse risks,” said Xi ... Ratings agency Moody’s on Tuesday downgraded the outlook on the country’s credit rating to negative from stable, citing “broad downside risks to China’s fiscal, economic and institutional strength”.

If I’d put £1,000 in Lloyds shares before the Brexit vote, here’s how much I’d ...

The Motley Fool 09 Dec 2023
Well, at that time, Lloyds was trading for around 67p ... However, in my view, these risks are overplayed. The British economy is continuing to prove its strength despite monetary tightening and fiscal drag ... This is dependent upon a more robust economy and a tangible equity return of 14% in the fiscal year 2024 if interest rates fall slowly ... our picks ... .

Curaleaf Announced Reorganization of its U.S. Operations in Connection with TSX Listing

Victoria Advocate 09 Dec 2023
Holders of securities of the Company are cautioned that forward-looking statements are not based on historical facts but instead are based on reasonable assumptions and estimates of management of the Company at the time they were provided or made and involve known and unknown ...

3 reasons why the RBI has held interest rates steady

Indian Express 08 Dec 2023
The risks remain First, although inflation has been trending down, the battle is far from over ... The RBI expects consumer inflation at 5.4 per cent this fiscal, while our forecast is slightly higher at 5.5 per cent ... But food remains a significant risk ... The government\u2019s first advance estimates peg kharif production 4.6 per cent lower on-fiscal.

Moody's warns it could downgrade China's credit rating

Beijing News 08 Dec 2023
The ratings firm said Beijing will likely need to provide more support for debt-laden local governments and state firms, which pose "broad downside risks to China's fiscal, economic and institutional strength." ... "Moody's concerns about China's economic growth prospects, fiscal sustainability and other aspects are unnecessary," the ministry said.

India holds rates amid buoyant growth, to monitor inflation

Hellenic Shipping News Worldwide 08 Dec 2023
India’s central bank on Friday raised its fiscal year growth ...

Chinese leaders wrap up annual economic planning meeting with scant details on revving up growth

Seattle PI 08 Dec 2023
The official Xinhua News Agency said leader Xi Jinping chaired the meeting aimed at boosting growth, defusing risks and ensuring stability. The report cited that the meeting concluded “the proactive fiscal policy should be appropriately intensified and improved in quality and efficiency.".