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 for the eighth time in its history. This follows Standard & Poor’s Ratings’ Services cutting its credit rating on the the South American nation’s foreign-currency sovereign debt to “selective […]
The political and economic crisis is worsening in Kais Saied’s Tunisia. The uncertainties and fears over the collapse of this country has pushed Fitch agency to downgrade its Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC-‘ from ‘CCC+’. The downgrade of Tunisia’s IDRs, which is becoming a failed state, comes after failure of Tunisia’s authorities […]
The Government of Burkina Faso has reaffirmed steadfast support for Morocco’s autonomy plan offered for the Sahara under its sovereignty and praised the tireless efforts made by King Mohammed VI for the development and peace in Africa. The supportive stand comes in a joint statement issued Friday in the Moroccan Saharan city of Dakhla following […]
