Sentences with phrase «debt downgrade in»

It is also important to note that the above decades include not only the major bear markets of 2000 - 02 and 2007 - 08, but also many numerous short - term corrections like the Russian default / LTCM crisis of 1998, the «flash crash» in May 2010, and the U.S. debt downgrade in August 2011.

Not exact matches

In 2011, similar squabbles led to credit agencies downgrading the nation's debt from its triple A status for the first time 70 years.

Japan has already lost its AAA status, and Fitch Ratings recently warned it might downgrade the country's sovereign debt if it issued more than the planned ¥ 44 trillion in bonds next year.

The Medicis deal, financed through debt, has bumped the company's debt level to more than $ 7 billion, or a 4.2 debt ratio, forcing Moody's to put Valeant's debt — already in junk bond territory — under review for a downgrade.

Downgrades in Humana's debt ratings, should they occur, may adversely affect its business, results of operations, and financial condition.

Standard and Poor's, which downgraded the U.S. to AA + in 2011, has kept its U.S. outlook at «stable,» but has said it will lower the rating to «selective default,» or SD, if the Treasury misses any debt payment.

Moody's has today also placed Spain's Baa3 government bond rating on review for possible further downgrade in order to assess the implications of several factors on the Spanish government's ability to continue to fund its borrowing requirements in the private debt markets.

Keep in mind that S&P downgraded the U.S. even if the government had already raised the debt limit.

The agency has said it will consider a downgrade if Congress doesn't raise the debt limit in a «timely manner,» that is, several days before Oct. 17, when the Treasury has said it will run out of wiggle room.

Some of those drops have been the result of self - inflicted wounds, like the Congressional failure to raise the debt limit in 2011, which resulted in a downgrading of U.S. credit.

Obama's jobs plan (speech transcript) has to win the approval of the same debt hawks in Washington who recently gave Standard & Poor's an excuse (read the press release here) to downgrade America's credit by threatening to not raise the nation's debt ceiling.

Moody's Investor Service downgraded Tesla's debt into junk territory back in March, warning at the time that Tesla didn't have cash to cover $ 3.7 billion for normal operations, capital expenses and debt that come due early next year.

Economic conditions in Europe are unsettling, with Italy's recent struggles and the downgrade of British debt.

The FCA is not the first body to express concerns about the state of credit in the UK, with ratings agency Moody's downgrading the outlook on four out of five types of UK consumer debt investments at the beginning of August.

The latest cause for worry, as we write, is the warning by Standard & Poors that Italy's sovereign debt rating of A + is at risk (a one - in - three chance) of being downgraded in the next 2 years, due to doubts about the success of the government's debt - reduction program.

Even in the face of recession warnings and the agency's downgrades, the European debt market keeps improving.

Just as significant as the ratings downgrades may be the suspension on Friday of the creditor talks in Greece — whose debt S. & P. long ago gave junk status.

In fact, investors seeking safety bought even more of the downgraded U.S. debt, pushing prices on 10 - year U.S. Treasuries to within a fraction of face value and yields to an all - time low of 2.13 %.

Combining this with poor sales growth results in a dismal outlook for earnings 3) the pressure on earnings will continue to hurt capital spending, which is usually just a magnified image of earnings, 4) the same factors will continue to raise default rates, causing earnings problems and debt downgrades among banks and financial companies, 5) earnings shortfalls will also lead to continued job cutbacks, with the unemployment rate rising to at least 5.5 % (indeed, once the unemployment rate has advanced by 0.5 % from its lows, it has never reversed until rising by least 1.5 % off those lows).

While Portugal's central bank said Banco Espirito Santo SA, the nation's second - largest lender, is protected after its parent missed debt payments, Moody's Investors Service downgraded a company in the group citing a lack of transparency and links to other companies.

Moody's Investors Service, which downgraded Tesla's credit rating further into junk in March, still expects Tesla will need to raise about $ 2 billion selling equity, convertible bonds or debt, to offset the cash it burns this year and securities maturing through early 2019.

The Land of Lincoln's credit is already the lowest - rated in the union and, until recently, its debt came precariously close to being downgraded to «junk.»

The lack of discipline and fiscal responsibility in Washington led to a downgrade of the nation's sea of debt by Standard & Poor's.

a reduction in the rating awarded a debt or equity security; a credit agency downgrades the debt of a company, municipality, or governmental entity indicating a potential deterioration in the financial situation of the issuer and its ability to meet its obligations in full and / or on time.; a downgrade suggests investors are less certain to receive interest payments and return of capital

In May of 2008, a team of sovereign debt analysts at Moody's had to decide whether to downgrade the country's sovereign long - term debt from Aaa to Aa1 or lower.

In the latest report issued by Moody's Investors Service on Wednesday, the internationally famous credit rating agency downgraded its outlook on China's credit rating from «stable» to «negative,» while affirming the still - respectable Aa3 grade on its sovereign debt.

In February 2014, rating agencies downgraded Puerto Rico's general obligation debt and some related bonds below investment grade, with further downgrades possible.

At its peak, Teck had more than $ 7 billion in debt outstanding, which caused its leverage ratio to rise, resulting in the company not only losing its investment - grade credit rating but getting downgraded deep into junk territory.

Mr. Ceci also announced that the government would legislate a debt ceiling of 15 percent debt - to - GDP in order to hold off a risk of credit downgrades and higher debt service costs.

Tags: Brazil, Bund, Bush, collateral, corn prices, corn - based ethanol, downgrades, ECB, EU, FDIC, GIIPS, Greek default, IMF, LTRO, Obama, renewable fuels association, S&P, sugar - based ethanol Posted in Corn, Debt Market, Ethanol, Europe, Sugar 6 Comments»

China's credit rating was downgraded one notch to A + by ratings agency Standard & Poor's (S&P), which cited increased economic and financial risks, following the significant rise in the country's debt levels since the global financial crisis.

Nonetheless, the nonfinancial debt - to - GDP ratio, a measure of leverage in China's private sector, surged beyond 250 %, prompting Moody's to downgrade China's rating one notch in May.

On Monday, the Dow finished down 4.6 percent, the biggest decline in percentage terms since August 2011, when investors were fretting over Europe's debt crisis and the debt ceiling impasse in Washington that prompted a U.S. credit rating downgrade.

That could set up another showdown like those that took place in 2011 and 2013 — when lawmakers brought the government to the brink of defaulting on U.S. debt, leading Standard & Poor's to downgrade the nation's credit rating for the first time.

In the middle of a showdown over the federal debt ceiling, Standard and Poor's downgraded the U.S. credit rating for the first time, from AAA to AA + with a negative outlook.

The downgrade was based partly on the view that the agreement between Congress and the President fell far short of the $ 4.0 trillion needed to stabilize the debt - to - GDP ratio within ten years, and partly on the view that the President and Congress were, and will be, unable to come to any sensible policy plan to support job creation in the short term and control debt accumulation in the longer term.

A standoff in August 2011 rattled financial markets and the political gridlock led the credit rating firm Standard & Poor's to downgrade its AAA rating of U.S. debt for the first time in history.

However, we believe that the increasing Treasury debt / GDP ratio puts the U.S. at risk for a potential credit ratings downgrade in the future.

Already Buhari has started giving excuses for the abysmal performance.He attributed the quagmire to drop in the price of oil globally and cleverly laid the blame on the doorsteps of all Nigerian accusing them of relying solely on oil.All renowned rating agencies including fitch continue to downgrade Nigeria ever since Buhari took over and it is projected that Nigeria will not be able to repay its debt obligations.Fitch for instance downgraded Nigeria's longterm foreign currency issuer default rating to B + from BB - and longterm local currency IDR to BB - from BB.The general position expressed by almost all the Briton wood institutions is that Nigeria's fiscal and external vulnerability has worsened under Buhari and it is projected that the government's general fiscal deficit could grow up to 4.2 % by the end of 2016 after averaging 1.5 % under the previous regime.A recent capital importation report by Nigeria Bureau of Statistics confirms that, last year, the country recorded total inflow of capital into the economy stood at $ 9.6 billion which was a 53 % drop from previous year and the lowest recorded total since 2011.

In light of the considerable uncertainty around the economic and fiscal outlook, including the risks posed to economic recovery by ongoing financial tensions in the eurozone and against the backdrop of a still large structural budget deficit and high and rising government debt, the Negative Outlook indicates a slightly greater than 50 % chance of a downgrade over a two - year horizon.&raquIn light of the considerable uncertainty around the economic and fiscal outlook, including the risks posed to economic recovery by ongoing financial tensions in the eurozone and against the backdrop of a still large structural budget deficit and high and rising government debt, the Negative Outlook indicates a slightly greater than 50 % chance of a downgrade over a two - year horizon.&raquin the eurozone and against the backdrop of a still large structural budget deficit and high and rising government debt, the Negative Outlook indicates a slightly greater than 50 % chance of a downgrade over a two - year horizon.»

Instead, I will offer you a piece written by Michael Lewis in Boomerang (Travels in the New Third World), on what the world did when Standard & Poor downgraded their rating on US debt:

Mr Hancock said that it was inevitable that everybody in the UK would have to work for longer, saying that «we're in a mess — the economy was in such a terrible state, and you know, only today, Spain's credit rating's been downgraded, yesterday Portugal had trouble selling its government debt.

So essentially, the GOP is demanding that the Democrats in Congress cave in to their demands for drastic cuts to Medicare and other social programs under threat of default on our federal debt, the downgrading of our international credit rating, and a likely plunge into economic depression.

All debt in the United States from State to County to Local will be downgraded.

A downgrade of U.S. debt will mean the end of the U.S. Dollar as a reserve currency and more broadly the end of the world as American's have come to know it in the Post-World War II Era.

Venditto's reputation in Oyster Bay suffered as the town's once enviable finances deteriorated as debt more than doubled to more than $ 729 million over the past decade and Standard & Poor's downgraded Oyster Bay's credit rating to junk status.

Standard & Poor's warned Alistair Darling in 2010 that he would need to put debt on a similar trajectory if a new Labour government were to avoid a downgrade.

In that role, she reported on topics spanning the business world from covering the debt downgrade and debt ceiling crisis to the latest in policy debates, legal issues, and technology trendIn that role, she reported on topics spanning the business world from covering the debt downgrade and debt ceiling crisis to the latest in policy debates, legal issues, and technology trendin policy debates, legal issues, and technology trends.

«No guarantee payments have been required in the history of the program,» said Moody's Investors Service analyst John Nichols, who warned that «significant increase» in charter school guaranteed debt could lead to a downgrade.

CPS Chief Administrative Officer Tim Cawley said he does not expect the new bond issue to lower the district's debt rating, which has already been downgraded once in the past two years.