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Day: June 30, 2022

Fitch cuts view on global sovereign debt

Published by Reuters UK By Marc Jones LONDON (Reuters) – Credit rating agency Fitch downgraded its view on sovereign debt on Thursday on concerns about the rise in global borrowing costs and the potential for a flurry of new defaults. Fitch, which

Emerging markets face bleak outlook after stormy start to the year

Published by Reuters UK By Rodrigo Campos and Jorgelina do Rosario NEW YORK/LONDON (Reuters) – It’s been a torrid first half for emerging market assets and with the Federal Reserve kicking off its tightening cycle amid soaring inflation shock waves might be

Miftah vows to enhance bilateral ties with Kyrgyzstan

Finance Minister Miftah Ismail has said Pakistan attaches great importance to development of bilateral relations with friendly countries.He was talking to Ambassador Extraordinary and Plenipotentiary of Kyrgyzstan Totuiaev Ulanbek Asankulovich