17 Nov 2020|Moody's Investors Service
Transit systems face continued financial stress and operating challenges caused by historically low ridership, weak tax revenue and restrained government funding. Ridership will grow in 2021 but remain well below levels necessary to balance budgets and generate strong political and public support for increased state and local subsidies.
24 Nov 2020|Moody's Investors Service
Governments with constrained fiscal capacity have limited scope to address widening income gaps, which could lead to social and political strains, and tough policy choices.
23 Nov 2020|Moody's Investors Service
We answer frequently asked questions about how vaccine approval and distribution will affect the global economic environment, the challenges in achieving mass vaccination and how vaccine availability will affect the recovery path of the hardest-hit sectors of the economy.
16 Nov 2020|Moody's Investors Service
Analysts Sarah Carlson, Eugene Tarzimanov and Carolina Chimenti discuss the 2021 credit outlook for sovereigns, banks and companies across emerging market countries. The wide-ranging effects of the coronavirus will continue to be a dominant credit theme, along with still-weak tourism prospects, low oil prices and the rollback of forbearance and fiscal support in a number of countries.
08 Oct 2020|Moody's Investors Service
Atsi Sheth and Robard Williams from the Credit Strategy & Research team discuss the credit effects of key policy challenges that will confront the next US presidential administration, and the uncertainties surrounding the election. >> Read the related report
30 Oct 2020|Moody's Investors Service
The pandemic leaves municipalities with competing funding priorities and challenges: a growing need to address climate change and greater demand for more spending in areas such as social services even as budget austerity and recession constrain revenue-raising options such as tax increases.
Public Finance – US: Infrastructure, governments and hospitals face varying impacts from shifts in trade
27 Oct 2020|Moody's Investors Service
The pandemic is likely to lead to global trade fragmentation, disrupting supply chains and trade flows, and affecting public finance sectors through a variety of channels.