Tag: Standard & Poors

Libya: NOC Chairman refuses to talk at Paris Oil conference in protest to France alleged support for Haftar

April 24, 2019

The Chairman of Libya’s National Oil Corporation (NOC) that manages the North African country’s oil resources has refused to make comments during an international oil ... Read More

Hope For The Best: Argentines Wake Up In Default

August 2, 2014

The mood is defiant in the streets of Buenos Aires after Fitch Ratings and Moody's Investors Service declared today Argentina in default on some bonds ... Read More

Egypt’s central bank reacts

December 25, 2012

With rumors surrounding the market claiming that some Egyptians have withdrawn their funds from banks out of concern they would be frozen by the authorities, ... Read More

S&P Lowers Egypt’s Credit Rating Outlook to Negative

December 25, 2012

World rating agency Standard & Poors has downgraded its long-term foreign- and local-currency sovereign credit ratings of Egypt to 'B-' from 'B'. It has also ... Read More