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cnbc.com

Moody's cut China's credit outlook to negative on rising debt risks (www.cnbc.com)

Ratings agency Moody’s downgraded its outlook on China’s government credit ratings to negative from stable, expecting Beijing’s support and possible bailouts for distressed local governments and state-owned enterprises to diminish China’s fiscal, economic and institutional strength....

UAE reportedly planned to use COP28 climate summit to lobby for oil and gas deals (www.cnbc.com)

The United Arab Emirates planned to use its role as the host of the biggest and most important annual climate conference as a platform to lobby foreign government officials for oil and gas deals, according to a cache of internal documents obtained by a not-for-profit investigative journalism organization....

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