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Fitch Upgrades Maldives Sovereign Rating to ‘CCC‑’ as Default Risk Eases
The rating agency noted that the sovereign’s ability to service external debt has improved, buoyed by the repayment of the sukuk and the implementation of revenue‑side reforms, including the recently enacted Foreign Currency Act, which is expected to bolster the government’s capacity to generate foreign‑exchange receipts.
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Strait talk- geography as strategy
Closing the strait outright would be an extreme and risky step. It would provoke a swift international response and potentially draw major powers more directly into the conflict. Yet a complete closure is unnecessary for Iran to achieve its objectives. Sporadic disruptions, ambiguous threats or isolated incidents at sea can be sufficient to unsettle global markets.
Maldives Sukuk Nears Par as President Concludes Germany Visit
President Muizzu Engages German Investors at Berlin Business Roundtable
The roundtable included presentations from Invest Maldives and the Ministry of Tourism and Environment. A Memorandum of Understanding on destination promotion and marketing was signed between Visit Maldives and DERTOUR Deutschland GmbH.