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MICHAEL FAULKENDER: A Down Payment On Fiscal Sanity

MICHAEL FAULKENDER: A Down Payment On Fiscal Sanity Michael Faulkender on April 25, 2023 This summer, the U.S. Treasury will exhaust the money in its checking account. The Congressional Budget Office (CBO)…
April 26, 2023

Moody’s slashes Pakistan’s rating amid payment crisis

(Reuters) – Global ratings agency Moody’s cut Pakistan’s sovereign credit rating by two notches to ‘Caa3’ on Tuesday amid international loan negotiations, saying the country’s increasingly fragile liquidity “significantly raises default risks.”…
February 28, 2023

IMF visit in focus after El Salvador bond payment

By Rodrigo Campos NEW YORK (Reuters) – El Salvador cleared a $600 million bond payment hurdle this week but lingering concerns over its financing sources and fiscal policy will be in focus…
January 25, 2023