EAST BOSTON SOCCER BALL INSTALLATION SETS GUINNESS WORLD RECORD AS WORLD’S LARGEST AHEAD OF FIFA WORLD CUP MATCHES IN MASSACHUSETTS. (PHOTO).

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 East Boston soccer ball installation sets Guinness World Record as world’s largest ahead of FIFA World Cup matches in Massachusetts   A giant soccer ball installed at Piers Park II in East Boston has officially been recognized as the world’s largest, surpassing a previous record set in Qatar in 2013. The inflatable structure was created by Britten, Inc. and Creative Inflatables in Ohio as a celebration of upcoming FIFA World Cup matches scheduled to take place in Foxborough in June and July. The installation will remain on public display through June 18, giving visitors a chance to see the record-breaking display up close. Officials said the materials used in the structure will be recycled once the exhibit is taken down.
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FITCH RATINGS UPGRADES NIGERIA ON THE BACK OF TINUBU'S REFORMS: BLOOMBERG. (PHOTO). #PRESS RELEASE

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 Fitch Ratings upgrades Nigeria on the back of Tinubu's reforms: Bloomberg


Fitch Ratings, a global credit rating agency, has upgraded its credit rating of Nigeria to B due to recent reforms implemented by President Tinubu's administration.


In making the upgrade, Fitch cites improved policy credibility and reduced near-term risks to macroeconomic stability.


What the new rating means for Nigeria: Fitch now has a more positive outlook on the country's economic stability and creditworthiness. The upgrade will increase the country's ability to attract foreign investment, borrow money on international markets at better interest rates, and boost investor confidence. 


“The upgrade reflects increased confidence in the government’s broad commitment to policy reforms implemented since its move to orthodox economic policies in June 2023, including exchange rate liberalisation, monetary policy tightening, and steps to end deficit monetisation and remove fuel subsidies,” Fitch said in a statement Friday.


In May, the rating agency lifted Nigeria's credit outlook to positive from stable, citing government efforts to restore economic stability. However, it left the rating on its long-term foreign currency debt at B-.

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