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AfricaThe African Export-Import Bank (Afreximbank) terminated its relationship with Fitch, saying the agency’s credit ratings did not reflect an understanding of the lender’s mandate. The move, which comes months after the ratings agency downgraded Afreximbank to one notch above junk status, underscores tensions in the debate over Western institutions’ influence over perceived risks in Africa that can lead to steep capital costs.Fitch’s downgrade focu…See the Story
Afreximbank Severs Ties with Fitch in Dispute over Rating Cut
Coverage: 2 sources

Vladimir Putin · RussiaThe world is moving toward a multipolar order in which sovereignty is becoming central, Maksim Oreshkin has said The old model of globalization that dominated in recent decades has ended, and the world is moving away from a unipolar order as other countries begin to take the lead, the deputy head of the Russian presidential administration, […] The post Old globalization model is over – Putin aide appeared first on The Press United | Internationa…See the Story
