Does it even make sense to trust rating agencies?
2022-06-11 13:52:55
No. Agencies do not cope with the basic task - they cannot objectively assess the creditworthiness of the borrower.
The company that is evaluated pays for the valuation. There is no transparent methodology for calculating the rating that can be verified. Rating agencies are not responsible for the ratings given. Geopolitical interests influence the ratings of agencies.
Usually, rating agencies seriously overestimate ratings for the country they come from.
Agencies twist countries' sovereign ratings
Storm petrels of the crisis How the actions of rating agencies led the world to financial collapse
What you need to know about ratings and rating agencies
How credit ratings agencies rule the world
Accuracy 40
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Will Putin change in 2024?
2023-06-28 12:33:56
No, he will stay.
A source close to the Kremlin, who wished to remain anonymous, spoke about Vladimir Putin's plans. He denied rumors that the allegedly incumbent President plans to leave his post. He assures that other candidates are out of the question.
After the elections, little will change in the country
Why and how Putin can remain President of Russia for the next term
It became known who will be President after Putin in 2024: will the Russian leader leave his post in 2023 - latest news
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Can the yuan become the world's reserve currency?
2023-04-12 14:12:14
Currently no
The yuan is not a freely convertible currency. It can only buy Chinese goods.
The PRC is the world leader in the production of most industrial goods. This is facilitated by the weak exchange rate of the yuan against the dollar. If the yuan becomes the world's reserve currency, it will strengthen against the dollar, which means that China's industry will lose its competitive advantages.
Can the yuan replace the dollar?
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Will Russia and Ukraine be able to make peace after Trump's ultimatum in 50 days?
2025-07-15 10:44:44
No, there may be attempts to make peace that will lead to nothing.
Neither Ukraine nor Russia agrees to a peace treaty in the form that the West wants to see. If peace is concluded now, Ukraine will lose part of its territories, and Russia will receive a hostile country that, having recovered, will attack again. Therefore, the war will continue until a victorious end.
For some reason, Russia cannot understand and realize that if a country starts a war, it will have to go to the end. To the borders of Europe and even fight against NATO.
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