The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
S&P Global Ratings retained credit ratings of Taiwan with 'stable' outlook on Monday as strong external position and robust economic support help the nation to withstand headwinds.
The long-term rating was affirmed at 'AA+' and the short-term issuer credit ratings at 'A-1+'.
The stable outlook on the long-term rating reflects the assumption that cross-strait relations and fluid trade dynamics are unlikely to seriously disrupt Taiwan's economic stability over the next two years.
The rating agency forecast Taiwan's competitive export sector to benefit from global advancement in the IT sector despite current uncertainties related to global trade.
Taiwan's fiscal settings remain healthy underpinned by robust revenue growth. Moreover, sufficient domestic liquidity as well as low debt servicing contributes to the fiscal strength, S&P noted. Further, the economy is forecast to grow at a slower pace of 2.1 percent this year following an estimated 4.6 percent expansion in 2024.
For 2025, the government has budgeted a deficit of 0.7 percent of GDP in the face of higher defense and social welfare spending. An aging population will increase pressure on social and welfare spending over time.
