International credit rating agency Moody’s has changed its outlook on the US from “stable” to “negative,” citing massive fiscal deficits and a notable decline in debt affordability as major reasons for the move on Friday.

The Chinese economy is set to grow 5.4% this year, the International Monetary Fund said this week, citing better-than-expected third-quarter results and Beijing’s policy measures. The forecast is an upward revision of an earlier projection of 5% growth.

German authorities have been exploring ways to divert some refugee flows to the continent, the outlet reports Germany is working on a plan to send some asylum seekers to Africa while their cases are pending, the Wall Street Journal reported on Friday.