Keep Borrowing and eventually, Britain’s Debt Black Hole will become bigger
The nature of Black Holes in astrophysics and quantum mechanics is still a mystery and an area of intense research and observation globally, but the nature of these massive interstellar gravitational masses still represents an unsolved mystery to mankind. The…
Moody’s downgrades Provident Group to Caa3 following payment default
Approximately $36 million of debt securities affected Moody’s has downgraded to Caa3 from Caa2 the ratings assigned to Provident Group senior secured obligations, including the senior secured revenue bonds following a payment default on the May 1, 2023 debt service…