Posts

Showing posts with the label sovereign credit ratings

If we think war on terrorism is going to end, we are wrong: CDS Gen Rawat

Image
If we think war on terrorism is going to end, we are wrong: CDS Gen Rawat In an address at the Raisina Dialogue, Gen Rawat also said there is a need to take a hardline approach in dealing with terrorism, the way the US went after terror groups after the 9/11 terror attacks Current Affairs :Chief of Defence Staff Gen Bipin Rawat on Thursday pitched for strong global action against states sponsoring terrorism, saying there is a need to take the bull by its horns and strike at the root cause. In an address at the Raisina Dialogue, Gen Rawat also said there is a need to take a hardline approach in dealing with terrorism, the way the US went after terror groups after the 9/11 terror attacks. “As long as there are states which sponsor terrorism, we will have to live with the menace. We need to take the bull by its horns and strike at the root cause,” he said in an oblique reference to Pakistan. “If we think war on terrorism is going to end, we are wrong,” Gen Rawat said. H...

Rising sea levels pose long-term risk to sovereign credit ratings: Moody's

Image
Rising sea levels pose long-term risk to sovereign credit ratings: Moody's ‘Vulnerability to extreme events related to sea level rise can also undermine investment’ Current Affairs :Monetary stuns coming from rising ocean levels represent a long haul hazard to the sovereign FICO scores of many nations which have enormous regions in danger of submersion, including Vietnam, Egypt, Suriname and the Bahamas, Moody’s said on Thursday. Atmosphere science recommends that ocean levels will keep on ascending for a considerable length of time, adding to progressively visit cataclysmic events, for example, storm floods, floods and tornados, the FICO assessment office said in a report. “The monetary and social repercussions of lost salary, harm to resources, lost life, medical problems and constrained movement from the unexpected occasions identified with ocean level ascent are prompt,” Moody’s said. “Powerlessness to extraordinary occasions identified with ocean level ascent can ...