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Fitch upgrade pushes Argentina country risk below 500 points
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Argentina's credit rating rose to B- after Fitch Ratings' decision, driving the country risk down to 496 basis points on Monday, May 11. The indicator had not broken that level since late January.
A Banco de la República indicator shows Colombian debtors allocate 41.7 percent of monthly income to bank loan payments. The figure exceeds the average of the past five years.
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Deputy Adriana Ventura submitted a request to the finance minister seeking details on the recently launched Desenrola Brasil 2.0. The lawmaker questions the outcomes of the original 2023 version.
Budget Controller Margaret Nyakang’o has warned that Kenya risks defaulting on Sh3.32 trillion in foreign debt due within a year without urgent action. She said proposals to cut spending and boost revenue have been ignored by Treasury officials. This could undermine funding for health, education and security services.
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Several government buildings and state-owned entities in Johannesburg lost power after the city cut their electricity for unpaid bills exceeding R1.4 billion. Mayor Dada Morero stated the move has the Gauteng Premier's approval to recover the debt.
Argentina's country risk, measured by JP Morgan, closed at 506 basis points on February 11, 2026, following January's 2.9% inflation data. The indicator shows relative stability amid stock market declines and analysis of persistent inflation. The market exhibited volatility, with the S&P Merval dropping 1.4%.
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According to S&P Global Ratings, Kenya is among African countries facing debt pressures that could weaken local currencies. External debt repayments across the continent are set to exceed USD 90 billion in 2026. This surge may intensify pressure on the Kenyan shilling, currently trading at around Ksh129 per US dollar.
Banco Agrario announces relief measures for producers hit by climate emergency
06 мая 2026, 07:38Finance minister purbaya to issue panda bond in june 2026
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30 апреля 2026, 19:23Lula announces Desenrola 2.0 with betting ban in speech
29 апреля 2026, 23:03Enel Chile estimates US$65 million share of electricity debt
26 февраля 2026, 13:21Japan expects interest payments to double by 2029 amid BOJ rate hikes
23 февраля 2026, 20:04Luis Caputo launches dollar bond auction under local law
23 февраля 2026, 05:39South Africa's finance minister eyes fiscal stability in 2026 budget
14 февраля 2026, 06:42Italy offers debt suspension to African states facing climate shocks
13 февраля 2026, 23:00Chinese provinces slash revenue outlook as analysts warn of debt control