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Fitch upgrades senior unsecured rating of Bulgaria's BEH to 'BB'


Fitch upgrades senior unsecured rating of Bulgaria s BEH to BB
Fitch (Author: fitchratings.com) License: all rights reserved.
SOFIA (Bulgaria), May 10 (SeeNews) - Fitch Ratings said on Monday that it has upgraded Bulgarian Energy Holding s (BEH) senior unsecured rating to BB from BB- and assigned a Recovery Rating of RR4 to this debt class.
Fitch also affirmed BEH s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at BB with a positive outlook, the ratings agency said in a statement.
BEH s ratings have also been removed from Under Criteria Observation (UCO) reflecting the application of Fitch s updated Corporates Recovery Ratings and Instrument Ratings (CRR&IR) criteria. The company s ratings were placed on UCO following the publication of the updated criteria on April 9. ....

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Ecuador: From Rafael Correa to Guillermo Lasso via Lenin Moreno | Links International Journal of Socialist Renewal


April 23, 2021   
Links International Journal of Socialist Renewal reposted from CADTM   On 11 April 2021, Guillermo Lasso (52,4%), the right-wing candidate, defeated Andres Arauz, the candidate supported by Rafael Correa and part of the Left, by 52.4% vs 47.6% in the second round of ballots for the presidential election. Lasso was elected thanks to the division of the Left, since a significant part of it, which has become deeply diffident of Rafael Correa, called for a null vote. Votes on the popular side, that represented a clear majority in the first round of February 2021, were divided, which made it possible for a former banker to be elected president. The situation is serious for an opportunity to break away from Lenin Moreno’s brutal neoliberal policies has been lost. Former banker Lasso, though critical of Lenin Moreno’s positions out of sheer electoral calculation, will continue in the same harmful direction: a deepening of neoliberal policies, submission to ....

New York , United States , France General , United Kingdom , City Of , Buenos Aires , Distrito Federal , Nicola Maduro , Guillermo Lasso , Pierre Gottiniaux , Juan Guaido , Rafael Correa , Lucio Guti , John Cajas Guijarro , Floresmillo Simbana , Antonio Sanabria , Hugo Arias Palacios , Julian Assange , Violaine Delteil , Yaku Perez , Andres Arauz , Jean Pierre Raffarin , Fue El , Le Quang , Jaime Vargas , Alberto Acosta ,