Fitch Ratings 2009 Emerging Markets Conference & Web Cast Today in New York.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Fitch Ratings Fitch Ratings An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris. will host its annual Emerging Markets Conference today at the Pierre Hotel in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . Registration and a continental breakfast will begin at 8:30 a.m. ET with presentations to start at 9:00 a.m. ET. Emerging markets have survived the worst of the global financial crisis without widespread or severe damage to creditworthiness Creditworthiness The condition in which the risk of default on a debt obligation by that entity is deemed low. Creditworthiness Eligibility of an individual or firm to borrow money. thanks to stronger sovereign balance sheets and policy frameworks, buttressed by an impressive international policy response coordinated by the G20. While the disruption to international banking markets and capital flows to emerging markets has clearly eased, they still face the major challenges of low growth, rising unemployment and stagnant household incomes. This could potentially pressure both regional social and political stability. Meanwhile corporate and banking sector credit quality continues to deteriorate, while falling tax revenues, rising social spending and measures to support the financial sector are increasing fiscal risks. The theme for this year's conference is 'Back From the Edge: Managing Through a Sluggish Global Recovery.' Senior members of Fitch's Latin America and Sovereign ratings teams will cover the following topics: --Macroeconomic outlook for the U.S. and global economies; --Capacity for recovery and growth of emerging markets heavyweights China, India, Russia, Brazil, Mexico; --Review and comparison of Mexico and Brazil's credit profiles; --The mixed recovery prospects and overall outlook for high yield emerging market debt; --Credit outlook for emerging market financial institutions, including analysis on the BRIC BRIC Brazil, Russia, India and China (world affairs) BRIC Brooklyn Information & Culture BRIC Biological Research Information Center (Korea) BRIC Benign Recurrent Intrahepatic Cholestasis countries and other regions; --Sector reviews for specific corporate sectors in emerging markets, including energy and natural resources, homebuilders, telecom and media. To RSVP (ReSerVation Protocol) A communications protocol that signals a router to reserve bandwidth for real time transmission. RSVP is designed to clear a path for audio and video traffic, eliminating annoying skips and hesitations. for the event, please visit www.fitchratings.com and click on the 'Events' tab located on the top right portion of the screen. For persons outside of the New York area, the event will be web cast live, with an archived recording available for 90 days following the event. A link to view the web cast will be on the Fitch Ratings web site www.fitchratings.com the morning of Sept. 29, 2009. Fitch's rating definitions and the terms of use Terms of Use are rules set up by the owner of an intellectual property or service to govern how they may be legally used. In many cases, terms of service are used as a contractual agreement between a company and users of a service they provide. of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental are also available from the 'Code of Conduct' section of this site. ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP HTTP in full HyperText Transfer Protocol Standard application-level protocol used for exchanging files on the World Wide Web. HTTP runs on top of the TCP/IP protocol. ://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE WWW.FITCHRATINGS.COM. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. |
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