Analysis-Trump’s high-wire act to transform US power grid won’t be easy
By Tim McLaughlin and Laila Kearney (Reuters) – President Donald Trump’s oversight of an increasingly unreliable U.S. power grid requires swift action, he said this week, but there is no easy fix for one of the grid’s most complex and troubled
Trump administration halts environmental litigation, sidelines lawyers, sources say
By Sarah N. Lynch WASHINGTON (Reuters) -U.S. President Donald Trump’s administration has halted all pending environmental litigation and reassigned four career Justice Department attorneys focused on environmental issues, according to three sources familiar with the matter and a pair of memos
Moody’s revises Kenya’s ratings to ‘positive’ on potential liquidity risks easing
(Reuters) – Global ratings agency Moody’s (NYSE:MCO) revised Kenya’s outlook to “positive” from “negative” on Friday, citing a potential ease in liquidity risks and improving debt affordability over time. The East-African country has been struggling with heavy debt and looking for
Moody’s raises Argentina’s rating for the first time in five years
(Reuters) – Ratings agency Moody’s (NYSE:MCO) on Friday raised Argentina’s long-term foreign currency sovereign credit rating to “Caa3” from “Ca”, citing the government’s forceful policy shift that has helped address economic challenges and stabilize external finances. Argentina achieved a record $18.9
Surging equity markets to persist, but ignoring risk of inflation poses big threat
Investing.com — Surging equity markets look set to persist, supported by solid U.S.-led economic growth, but this growth is likely to come at the cost of higher inflation, with risks skewed to the upside in the U.S. as President Trump pursues