The passage of the One Big Beautiful Bill Act (OBBBA) will have profound long-term implications for U.S. not-for-profit (NFP) hospitals, but many of the act’s provisions will not be implemented until 2027 or beyond, giving hospitals time to prepare.

Thomas Rookmaaker, Head of APAC Sovereign Ratings, and Krisjanis Krustins, lead analyst for Japan, discuss Japan’s fiscal outlook, covering the impact of rising bond yields, fiscal populism and long-term spending pressures.

惠誉认为，政府近期出台的监管政策有助全国性资产管理公司拓展其业务范围、提升风险控制能力，并逐步改善其盈利能力，为行业走向更可持续的发展模式奠定基础。三大资产管理公司的股权由财政部划转至中央汇金则有望为资产管理公司在管理、战略或风险状况方面带来正面影响，并有可能改善未来政府支持的及时性。

New legislation approved by Vietnam’s National Assembly will reduce the risk that banks’ efforts to resolve bad debt become tangled in legal proceedings.

The Brazilian government’s new policy proposals could boost the country’s attractiveness for hyperscalers looking to establish data centers in Latin America and accelerate the development of Brazil’s nascent data center industry.

As políticas propostas pelo governo para o setor de data centers podem atrair grandes empresas de tecnologia (hyperscalers), que buscam se estabelecer na América Latina e acelerar o avanço de um setor incipiente no país.

Recent cyberattacks on U.S. insurers, U.K. retailers and an Asian airport highlight the growing threat of cyber risk across all industries and regions, but prioritizing cyber resiliency can reduce the negative credit impact of these.

NATO members’ pledge to increase defence spending to 5% of GDP by 2035 underscores how geopolitics is compounding European sovereigns’ fiscal challenges.

Brian Coulton, Chief Economist, and Ed Parker, Sovereigns Managing Director, discuss Fitch’s mid-year Global Economic Outlook, focusing on global growth forecast updates since April and how tariffs are driving key changes to projections.

The mid-year review of Fitch’s 2025 sector and structured finance asset performance outlooks revealed a material deterioration in our expectations for key sectoral credit drivers since the beginning of 2025.