Category: Governance

America’s credit rating could get downgraded even if a default is avoided, Fitch Ratings warns – CNN

America’s credit rating could get downgraded even if a default is avoided, Fitch Ratings warns – CNN

A stark warning from Fitch. Though there is no risk of something replacing the dollar as the world’s reserve currency, that is a necessary but not sufficient condition to avoid fallout from the US debt ceiling debate. https://www.cnn.com/2023/03/06/economy/us-credit-rating-fitch/index.html

UK to become global leader in tackling famine?

UK to become global leader in tackling famine?

This is an impossible dream when aid becomes a tool of foreign policy and a post-Brexit UK will be desperate to cozy up to all manner of suspect foreign leaders. https://www.theguardian.com/global-development/2020/sep/02/uk-will-lead-world-on-tackling-famine-and-covid-with-new-department-says-raab?CMP=Share_AndroidApp_Other