Tag: Fiscal Policy
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Nova Scotia Credit Rating Downgraded by S&P Global Amid Deficit Concerns
Overview: A Downgrade Amid Growing Deficit Fears Nova Scotia’s credit rating was recently downgraded by S&P Global, reflecting rising concerns about the province’s fiscal trajectory. The move comes as Premier Tim Houston has warned that the deficit could surpass $1.4 billion, signaling persistent challenges in balancing annual books even as the province tries to fund…
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Nova Scotia credit rating downgraded amid deficit concerns
Overview: a downgrade with lingering questions The credit rating for Nova Scotia was downgraded by S&P Global this week, a move that highlights mounting concerns about the province’s fiscal trajectory. The downgrade comes even as provincial leaders acknowledge the seriousness of deficits and the need for a credible plan to restore balance. Premier Tim Houston…
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ThinkCareBelieve: Week 54 — Freezing Temps, Yet America’s Red-Hot Economy Sizzles
Week 54: A Snapshot of Resilience in a Freezing Climate ThinkCareBelieve presents an in-depth look at Week 54 of the Trump 2.0 Administration era, examining how freezing temperatures have not cooled the momentum of the American economy. In this week’s assessment, analysts highlight strong consumer spending, continued business investment, and policy signals that aim to…
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ThinkCareBelieve: Week 54 — Freezing Temps Can’t Cool America’s Red-Hot Economy
Overview: A Solidifying Economic Pulse In Week 54 of ThinkCareBelieve’s coverage, the U.S. economy continues to defy seasonal headwinds as growth remains steady and consumer confidence holds firm. The article surveys payrolls, manufacturing output, and service sector momentum, highlighting how policy clarity and ongoing fiscal activity contribute to a buoyant macro environment. Despite cold weather,…
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Moody’s Upgrades Israel’s Credit Outlook to Stable Amid Gaza and Lebanon Ceasefires
Moody’s Upgrades Israel’s Credit Outlook to Stable In a move that signals renewed investor confidence, Moody’s Investors Service on Friday upgraded Israel’s credit outlook from negative to stable. The change comes as geopolitical tensions tied to Gaza and Lebanon show signs of restraint, with ceasefires in both regions holding for now. The upgrade reflects Moody’s…
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Moody’s Upgrades Israel Credit Outlook to Stable as Ceasefires Hold
Moody’s Shifts Israel’s Credit Outlook to Stable In a move that signals growing confidence in Israel’s economic resilience, Moody’s Investors Service upgraded the country’s credit outlook from negative to stable. The decision comes as ceasefires in Gaza and Lebanon appear to hold, easing geopolitical risks that have frequently unsettled investors in the region. The stable…
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Agencies brace for partial shutdown as lawmakers push to shield operations
Overview: A looming partial shutdown and a last-minute budget fix With lawmakers negotiating a short-term spending package, many federal agencies are preparing for a partial government shutdown that could occur if a funding lapse continues past the weekend. The emerging plan, designed to minimize disruption, would likely restore funding by Monday once a new appropriations…
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Ghana’s Bank of Ghana Set for Recapitalisation as Government Demonstrates Commitment
Overview: BoG faces recapitalisation after DDEP strain The Bank of Ghana (BoG) has confirmed that government backing will support its planned recapitalisation following substantial balance sheet strain incurred during the Domestic Debt Exchange Programme (DDEP). This move comes as policymakers and the central bank work to restore stability, confidence, and resilience in Ghana’s financial system…
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Moody’s Upgrade Kenya Credit Rating: Implications for Ruto
Moody’s Upgrade Signals a Turning Point for Kenya Credit rating agency Moody’s recently raised Kenya’s long-term foreign currency issuer rating to B3 from Caa1, citing a reduction in near-term default risk and improving fiscal prospects. The upgrade marks a significant milestone for a country navigating high debt levels, inflationary pressures, and a complex domestic political…
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Government Unveils Relief for Salaried Class Ahead of Next Budget
No mini-budget this year: A strategic pivot The government led by Prime Minister Shehbaz Sharif has signaled a deliberate shift in economic policy, announcing that no mini-budget will be introduced in the current fiscal year. Instead, the administration aims to roll out a comprehensive budget strategy that prioritizes relief for the salaried class and stabilizes…