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Russia in Ukraine: Let Loose the Dogs of War!

CFO News Room

Even the ratings agencies, normally slow to act, have been moving promptly, with Moody’s lowering Russia’s rating from Ba2 to B3 on March 3, from B3 to Ca on March 6 and from Ca to C on March 8, and Ukraine’s rating from B3 to Caa2 on March 4. Other ratings agencies have also taken similar actions.

Economics 130
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10 Monday AM Reads

Barry Ritholtz

Barron’s ) • Why It’s So Hard for China to Shake the ‘Uninvestable’ Tag : In 2021, Goldman Sachs said the word was starting to feature in a number of client conversations about the country’s stocks. Maybe they should try turning the whole thing on and off. Bloomberg ) see also How Much is the Rule of Law Worth to Markets?

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Reliance Says It Will Roll Out 5G In Late 2021

PYMNTS

Other rivals, such as Bharti Airtel and Vodafone Idea , say the 5G tech isn't as close as Reliance Jio says, and that it could be another two years away due to India's lacking ecosystem and the expensive price tag, the report says. based Qualcomm on developing 5G solutions at faster rates.

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Russia in Ukraine: Let Loose the Dogs of War!

Musings on Markets

Even the ratings agencies, normally slow to act, have been moving promptly, with Moody's lowering Russia's rating from Ba2 to B3 on March 3, from B3 to Ca on March 6 and from Ca to C on March 8, and Ukraine's rating from B3 to Caa2 on March 4. Other ratings agencies have also taken similar actions.

Economics 100
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Ghana To Adopt West African ‘Eco’ Currency

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Ghana is against tying the eco to the euro, and wants regional authorities to be quick about “adopting a flexible exchange rate regime,” the statement said. The government has claimed that it will have “electronically tagged” every home, including informal housing in slums, via GPS by early 2020.

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Today In Payments: New Funding Values Tink At $824 Million; Starbucks Shifts 45 Pct Of Stores Toward Drive-Thru, Order Ahead

PYMNTS

The feature is expected to appeal to creators and brands, and will also allow users to add shopping tags to their posts. Record eCommerce sales will translate into high rates of returns this holiday season. Reels are the short-form videos that now have their own tab in Instagram. Tis the Season …. for Omnichannel Returns?

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Apple’s New Services, Products Prompt Shares Upgrade

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Apple shares got a boost on Thursday (March 21) after Wall Street investment firm Needham raised its rating from “buy” to “strong buy.” ” According to a report from CNBC , Needham said it raised its rating on the Cupertino, California iPhone maker due to the value it sees in Apple’s ecosystem.