Credit rating agency Moody’s Investors Service has downgraded its outlook on Singapore’s banking system to “negative” as the city state grapples with an economic slowdown and declining interest rates amid the Covid-19 pandemic
Quoteworthy: “My orders to the police, the military and the village officials: if there’s a commotion, if they fight back and your life becomes at risk, shoot them dead.” – Philippine President Rodrigo Duterte, in a warning to violators of coronavirus lockdown measures.
Moody’s downgrades outlook for Singapore banks to ‘negative’
