Yonhap Infomax NewsJan 20
South Korea's First Vice Finance Minister Kim Bum-seok reaffirmed the nation's commitment to maintaining economic system stability and external creditworthiness, emphasizing ongoing international cooperation and resilient supply chain policies at the Korea-Canada Economic Security Forum.
#YonhapInfomax #SouthKorea #EconomicSystem #SupplyChain #Creditworthiness #InternationalCooperation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=43457
Vice Finance Minister Says Economic System Operating as Usual—Continued Engagement with International Community

South Korea's First Vice Finance Minister Kim Bum-seok reaffirmed the nation's commitment to maintaining economic system stability and external creditworthiness, emphasizing ongoing international cooperation and resilient supply chain policies at the Korea-Canada Economic Security Forum.

Yonhap Infomax
Hacker NewsMay 18, 2025

US loses last perfect credit rating amid rising debt

https://www.bbc.com/news/articles/c4ge0xk4ld1o

#HackerNews #UScreditrating #debtcrisis #financialnews #economicimpact #creditworthiness

Moody's downgrades US credit rating citing rising debt

Moody's said successive US administrations had failed to reverse ballooning deficits and interest costs.

Austin Huang ❤️Aug 22, 2024

Sure, it's good to promote healthier life #habits, but doing so via #CreditScore still seems to be a way to punish the #poor for being poor (and thus having to do grocery irregularly, esp. for those living check-to-check). Also, desire to seek more #correlation with #creditworthiness will result in more and more factors being collected, furthering various biases... Not to mention #privacy...

https://theconversation.com/no-credit-score-a-grocery-list-could-be-the-next-best-thing-234887

No credit score? A grocery list could be the next best thing

What you buy at the grocery store can predict whether you pay your credit card bills on time, new research suggests.

The Conversation
Chuck DarwinAug 2, 2023

Fitch downgrades US credit rating from AAA to AA+ - BBC News

#Fitch, one of three major independent agencies that assess #creditworthiness, downgraded it from the top rating of AAA to #AA+.

Fitch said it had noted a "steady deterioration" in governance over the last 20 years.

Treasury Secretary Janet Yellen called the downgrade "arbitrary".

It was based on "outdated data" from the ( Trump ) period 2018 to 2020, she said.

https://www.bbc.com/news/business-66379366

Fitch downgrades US credit rating from AAA to AA+

The rating agency Fitch says it expects a deterioration in the government's finances over three years.

BBC News
CelloMom On CarsMar 29, 2023

Not waiting for the #SEC:

"#Fitch Ratings this week said it would review the impact of #ClimateChange on the #creditworthiness of more than 1,600 companies. Nearly 20% of those companies could have their #credit ratings cut as a result, according to an initial Fitch estimate. These companies will have to change the way they do business or potentially face higher #borrowing costs."

#ClimateRisk #MoneyPipeline #ESG
https://www.bloomberg.com/opinion/articles/2023-03-28/fitch-recognizes-climate-threat-that-gop-ignores

The Anti-ESG Movement Is No Match for Climate Change

Businesses face new pressure to address environmental risks despite a Republican-led ESG backlash.

Bloomberg