International Ratings Group
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International Ratings Group
{{Unreferenced, date=June 2019, bot=noref (GreenC bot) International Ratings Group is an international rating agency grouping established the end of 2005, following a comprehensive study undertaken on the total global ratings industry. The study demonstrated the need for a truly international ratings group which focuses exclusively on Emerging Markets (i.e. Africa, Middle East, Eastern Europe, South America and Asia). Accordingly, the basic objective was to bring together a number of independent regional agencies, with a view to agreeing common rating standards, methodologies & symbols, and operating under a single “brand”. The ultimate end goal is the establishment of a single international ratings group covering all the emerging markets. Founding members and regional coverage IRG has been established with three founding partners: * Global Credit Rating (GCR) is the largest rating agency in Africa, accounting for over 60% of all ratings accorded on the continent. GCR’s H ...
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Rating Agency
A credit rating agency (CRA, also called a ratings service) is a company that assigns credit ratings, which rate a debtor's ability to pay back debt by making timely principal and interest payments and the likelihood of default. An agency may rate the creditworthiness of issuers of debt obligations, of debt instruments, and in some cases, of the servicers of the underlying debt, but not of individual consumers. Other forms of a rating agency include environmental, social and corporate governance (ESG) rating agencies and the Chinese Social Credit System. The debt instruments rated by CRAs include government bonds, corporate bonds, CDs, municipal bonds, preferred stock, and collateralized securities, such as mortgage-backed securities and collateralized debt obligations. The issuers of the obligations or securities may be companies, special purpose entities, state or local governments, non-profit organizations, or sovereign nations. A credit rating facilitates the tra ...
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Emerging Markets
An emerging market (or an emerging country or an emerging economy) is a market that has some characteristics of a developed market, but does not fully meet its standards. This includes markets that may become developed markets in the future or were in the past. The term "frontier market" is used for developing countries with smaller, riskier, or more illiquid capital markets than "emerging". As of 2006, the economies of China and India are considered to be the largest emerging markets. According to ''The Economist'', many people find the term outdated, but no new term has gained traction. Emerging market hedge fund capital reached a record new level in the first quarter of 2011 of $121 billion. The 10 largest emerging and developing economies by either nominal or PPP-adjusted GDP are 4 of the 5 BRICS countries (Brazil, Russia, India and China) along with Indonesia, Iran, South Korea, Mexico, Saudi Arabia, Taiwan and Turkey. When countries "graduate" from their emerging status, they ...
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Global Credit Rating
Global means of or referring to a globe and may also refer to: Entertainment * ''Global'' (Paul van Dyk album), 2003 * ''Global'' (Bunji Garlin album), 2007 * ''Global'' (Humanoid album), 1989 * ''Global'' (Todd Rundgren album), 2015 * Bruno J. Global, a character in the anime series ''The Super Dimension Fortress Macross'' Companies and brands Television * Global Television Network, in Canada ** Global BC, on-air brand of CHAN-TV, a television station in Vancouver, British Columbia, Canada ** Global Okanagan, on-air brand of CHBC-TV, a television station in Kelowna, British Columbia, Canada ** Global Toronto, a television station in Toronto ** Global Edmonton ** Global Calgary ** Global Montreal ** Global Maritimes ** Canwest Global, former parent company of Global Television Network * Global TV (Venezuela), a regional channel in Venezuela Other industries * Global (cutlery), a Japanese brand * Global Aviation Holdings, the parent company of World Airways, Inc., ...
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Francophone
French became an international language in the Middle Ages, when the power of the Kingdom of France made it the second international language, alongside Latin. This status continued to grow into the 18th century, by which time French was the language of European diplomacy and international relations. According to the 2022 report of the Organisation internationale de la Francophonie (OIF), 409 million people speak French. The OIF states that despite a decline in the number of learners of French in Europe, the overall number of speakers is rising, largely because of its presence in African countries: of the 212 million who use French daily, 54.7% are living in Africa. The OIF figures have been contested as being inflated due to the methodology used and its overly broad definition of the word francophone. According to the authors of a 2017 book on the world distribution of the French language, a credible estimate of the number of "francophones réels" (real francophones), that ...
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Pacific Credit Rating
The Pacific Ocean is the largest and deepest of Earth's five oceanic divisions. It extends from the Arctic Ocean in the north to the Southern Ocean (or, depending on definition, to Antarctica) in the south, and is bounded by the continents of Asia and Oceania in the west and the Americas in the east. At in area (as defined with a southern Antarctic border), this largest division of the World Ocean—and, in turn, the Hydrosphere, hydrosphere—covers about 46% of Earth's water surface and about 32% of its total surface area, larger than Earth's entire land area combined .Pacific Ocean
. ''Encyclopædia Britannica, Britannica Concise.'' 2008: Encyclopædia Britannica, Inc.
The centers of both the Land and water hemispheres, Water Hemisphere and the Western Hemisphere, as well as the Pole of inaccessibility#Oceanic pole of ina ...
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