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Moody's Ratings has upgraded the outlook for three Adani Group companies to stable. Adani Ports, Adani Transmission Step-One, and Adani Electricity Mumbai now have a stable outlook. This reflects improved liquidity and strong financial profiles. The companies are expected to maintain sufficient liquidity for operations and debt obligations over the next 18 months.
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News and Media
America has imposed sanctions on Iranian security officials and financial networks. This action follows a violent crackdown on peaceful protests. Billions in oil revenues were allegedly laundered. The United States stated its firm support for the Iranian people's call for freedom and justice. This move builds on the administration's maximum pressure campaign against Iran.
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News and Media
Four Arab states, including Saudi Arabia, Qatar, Oman, and Egypt, engaged in intense diplomacy with the U.S. and Iran to avert a threatened U.S. attack. They warned Washington of regional security and economic repercussions, while urging Iran to avoid retaliatory strikes. This effort aimed to de-escalate tensions and prevent wider instability.
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News and Media
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