Georgian economy sunk in 2020, Rating negative

RAEX-Europe confirmed the sovereign government credit ratings (SGC) of Georgia at ‘BB’ (Sufficient level of creditworthiness of the government) in national currency and at ‘BB’ (Sufficient level of creditworthiness of the government) in foreign currency. The rating outlook changed from stable to

13 mins read

KfW strengthens social protection in Asia and Africa

The FINANCIAL -- Poor people in developing countries and emerging economies face an existential threat in the corona crisis. However, government assistance is often inadequate. KfW and BMZ are therefore supporting countries in stabilising and expanding social systems.

9 mins read

Presidential Message on Christmas, 2020

The FINANCIAL -- White House spreads Presidential Message on Christmas, 2020. "The First Lady and I send our warmest wishes to all Americans as we celebrate Christmas. While our gatherings might look different than in years past, this Christmas, like every Christmas, is

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