Fitch downgrades Alberta’s credit rating

11:10pm, Tuesday, 30'th Jun 2020
Agency shifts position owing to provincial borrowing streak amid pandemic, high debt burden relative to GDP
This as the country’s fisc showed increasing signs of stress while the current account turned positive in the March quarter on the back of lower imports.
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Following a review of the impact of COVID-19 on North American re/insurers, Fitch Ratings has determined that asset stress has contributed the most to its
Royal Dutch Shell plans to slash the value of its oil and gas assets by up to $22 billion (18 billion pounds) after the coronavirus crisis hit demand for fuel and weakened the outlook for energy price
Royal Dutch Shell plans to slash the value of its oil and gas assets by up to $22 billion after the coronavirus crisis hit demand for fuel and weakened the outlook for energy prices, the Anglo-Dutch e
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