NordFX News
House Small Business Committee sets September hearing agenda on crypto, cybersecurity and SBA oversight
The House Committee on Small Business is outlining a September agenda that spans digital assets, cybersecurity, federal oversight and resource needs for smaller firms. The schedule includes five ...
Thames Water creditors threaten legal challenge over possible public takeover
Britain's incoming government is facing an early test over how it handles distressed infrastructure assets as Thames Water warns it will run out of money by November. Creditors are escalating ...
Canada earns top CFIB grade for internal trade reforms
Amid economic uncertainty and shifting global trade relationships, Canada is intensifying efforts to strengthen domestic commerce by reducing barriers between provinces and territories. The latest ...
Manchester fiscal devolution talks could unlock Piccadilly underground project
Greater Manchester is pushing a funding model that could tie transport investment to locally retained tax revenues as negotiations continue over an underground redesign of Piccadilly station. The ...
Johannesburg mayoral race tests ANC as Helen Zille campaigns on city decline
With Johannesburg facing infrastructure failures, financial strain and rising voter frustration ahead of November's local elections, Helen Zille is campaigning to position herself as the candidate ...
Texas cattle sector faces screwworm return as containment system breaks down
After decades of keeping screwworm south of the U.S. border, the flesh-eating parasite is now reappearing in Texas livestock and raising new risks for a $15bn cattle industry. The outbreak follows ...
Scotland debt issuance plans face investor calls for shorter maturities
As Scotland prepares its first bond sale since the 17th century, investors are urging Edinburgh to avoid long-dated debt to limit the extra borrowing cost tied to independence risk. The planned ...
UK government seeks budget cuts to fund defence spending increase
Britain is preparing a delayed defence investment package while ministers argue over how to pay for a planned rise in military spending. The latest proposal shifts the burden on to departmental ...
Los Angeles County GO bond rating affirmed as Fitch assigns F1 to $700 million sale
Los Angeles County is moving ahead with a $700 million general obligation bond sale as it continues financing infrastructure upgrades and public services. Fitch Ratings assigns an 'F1' rating to ...
UK defence financing debate revives Keynes-style case for war bonds and spending trade-offs
With the UK weighing how quickly to raise defence spending as public debt approaches 100 per cent of GDP, a 1940 plan by John Maynard Keynes is offering a framework for how a buildup could be ...
New Albany, Ohio secures AAA rating for $50 million bond sale
New Albany is preparing to borrow $50 million with top-tier credit backing as the Ohio city continues to benefit from residential and commercial growth. The stable outlook signals Fitch expects ...
Greater Manchester cancels hedge fund call amid bond market strain
Rising borrowing costs are sharpening pressure on UK local authorities as they assess how higher interest rates could affect funding for public services. Against that backdrop, Greater Manchester ...
U.S. local governments face credit risks from data center growth
As data center investment accelerates across the U.S., states and local governments are weighing expected gains in construction activity and tax revenue against longer-term financial exposure. The ...
UK supermarkets face renewed pressure over food price caps
British supermarkets move from being praised for maintaining food supplies during the Covid-19 outbreak to facing political pressure over the cost of basic goods. The debate centres on whether ...
TBTA general revenue ratings reflect strong New York toll system position
New York's Triborough Bridge and Tunnel Authority remains supported by its role as one of the largest toll systems in the U.S. and by the essential nature of its transportation assets for the ...
Loudoun County bond sale wins Fitch top ratings ahead of May offering
Loudoun County in Virginia is heading to market with more than $394 million in general obligation and Economic Development Authority bonds after securing high-grade ratings from Fitch. The planned ...
Amtrak expands brand campaign to push rail travel over cars and planes
Amtrak is intensifying its effort to change a car-first travel culture in the U.S. with a new advertisement that borrows the style of luxury auto commercials. The campaign supports the rollout of ...
