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Ratings Company to Serve Africa Set to Be Ready by Next Year

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Albert Muchanga,Credit Ratings,African Union

(Bloomberg) -- A credit ratings company being established to meet the unique needs of Africa’s sovereign borrowers is set to be ready by next year, an...

-- A credit ratings company being established to meet the unique needs of Africa’s sovereign borrowers is set to be ready by next year, an African Union official said Saturday.Biden Plots to Salvage Campaign Many Allies Believe Is Over

The task is being undertaken by the African Peer Review Mechanism, African Development Bank, African Export-Import Bank and the AU Commission, Muchanga said. The project is at its next phase of operationalization that entails “coming up with the final work plan to ensure that we are able to roll it out,” he said.The Bank of Canada will cut its overnight interest rate on Wednesday by 25 basis points to 4.

Republican presidential nominee Donald Trump has put forward the idea of an "all-tariff policy." This is familiar territory for Trump, as he was an avid supporter of tariffs during his first term as...Already largely ignored, the 50-year-old law meant to guide the government's budget process faces new risks from Donald Trump.New UK fighter jet could be axed in defence review

Hulk Hogan says America 'had a thriving economy' under Trump — and then 'lost it all' under Biden. Here are the factsThe rotation into small-caps could be an indicator of the late stages of a bull market, not the start of a new advance.The Possible Economic Ups and Downs for the Middle Class If Trump Is Elected

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