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MOODY'S ON CHINA: FISCAL PRESSURES TO PERSIST, GOVT'S DEBT BURDEN TO CONTINUE TO INCREASE FOR FORESEEABLE FUTURE BUT WITH CONTAINED DOWNSIDE RISKS

2026-04-27

MOODY'S ON CHINA: FISCAL PRESSURES TO PERSIST, GOVT'S DEBT BURDEN TO CONTINUE TO INCREASE FOR FORESEEABLE FUTURE BUT WITH CONTAINED DOWNSIDE RISKS

Other News
2026-04-27

Energy 1. Philippine Department of Energy: The US has approved an extension of the exemption period for the Philippines to purchase Russian oil and petroleum products. 2. Tanker tracking data shows that the US Coast Guard seized approximately $380

Energy 1. Philippine Department of Energy: The US has approved an extension of the exemption period for the Philippines to purchase Russian oil and petroleum products. 2. Tanker tracking data shows that the US Coast Guard seized approximately $380 million worth of Iranian crude oil in the Indian Ocean, which appears to be destined for the US. 3. Executives at JERA, Japan's largest power company: Due to the cancellation of a liquefied natural gas (LNG) contract with the US federal government, the amount of LNG purchased from the US has decreased from 5.5 million tons to 4.5 million tons. 4. Citigroup raised its Brent crude oil price forecast for the remainder of 2026, increasing its baseline scenario average price forecasts for Brent crude oil in the second, third, and fourth quarters of 2026 to $110, $95, and $80 per barrel, respectively. 5. Affected by declining production in the Middle East, Goldman Sachs raised its fourth-quarter Brent crude oil price forecast to $90 per barrel and its WTI crude oil price forecast to $83 per barrel. Other 1. The Philippines maintains its ban on new coal-fired power projects, refusing to ease restrictions due to energy risks. 2. The US stated that only two ships passed through the Strait of Hormuz on the 26th. 3. Iranian officials: Tolls for passage through the Strait of Hormuz must be settled in Iranian rials. 4. Maritime analysis firm: Traffic volume in the Strait of Hormuz increased on the 25th. 5. Iranian Foreign Minister: The current focus is on finding a solution to ensure safe passage through the Strait of Hormuz. 6. Iranian Foreign Minister: Iran and Oman have reached an agreement to continue expert-level consultations on the Strait of Hormuz.
2026-04-26

Acting U.S. Attorney General Branch: I believe the suspect was staying in a hotel at the time.

Acting U.S. Attorney General Branch: I believe the suspect was staying in a hotel at the time.
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