Fitch Ratings has cut the outlook of Sri Lanka s Abans Plc, a consumer goods retailer to negative s from stable due to difficulties in importing after a forex shortages emerged from a broken soft-peg.
cautious because of what could be coming? it is way too early for an all-clear signal in terms of what omicron is meaning for the economy. because, yes, the data that came out today from adp, it really only captures the state of the jobs market through the middle of the month. we know that it was really the last week or two of december when we saw cases really skyrocket in the united states, including in new york. so it is easy to see how omicron could slow down the jobs boom because of all this business disruption and the threat that maybe workers who are on the sidelines maybe don t want to go into work because of the health situation. so that i have spoken to are concerned that the jobs growth will slow down, particularly in january. now, we won t know those numbers for another month. but, erica, i do think that it is very clear that the economy and the jobs market in particular really answered this omicron wave from a position of strength. a good place to enter, that s
if i focus on the cyber element. the history of this. we ve had disruptive cyber attacks by russia and ukraine since 2014. they ve used it as a testing bed, as a playground. this has taken place from the russian state, russian affiliate and they ve attacked the energy, trucking, finance, electoral, continuous business disruption. there are three main things russia has been doing really. intelligence gathering is very important. this benefits russian foreign policy decisions. what we re going to see more of now as we ve been through the invasion stage operations are disrupting to see the ukrainian military. th there s a psychological element. when you take down the financial systems, you threaten power grids. you threaten soldiers on the grouped. you undermine trust in infrastructure, systems, that s the important factor to take