S&P hesitates to downgrade US credit rating
Credit rating agency S&P has not lowered credit rating of the United States, despite the expected deterioration of economic conditions due to the corona pandemic. At S&P, the…
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Timur Kulibayev and the outstanding case of selling Aktaunefteservis oil company to KazMunayGaz
EconomicInform US/EU business magazine posted a piece on Timur Kulibayev’s 2011 trick with selling his own asset – “Aktaunefteservis” oil and gas company – KazMunayGaz, Kazakhstan’s energy giant.…
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China replenishes reserves with cheap oil
China plans to buy oil to replenish the state reserve now prices are low. Bloomberg writes this on the basis of insiders. This step may support the price…
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Fitch warns about possible Dutch banks rating downgrade
Credit rating agency Fitch warns that the corona crisis could have adverse consequences for the creditworthiness of Dutch banks. The company is more gloomy about ING, Rabobank and…
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