Can AI dethrone the Big Three credit raters? History, profits and deep data clash with new algorithms in a $7 trillion bond‑market battleground.
When Baltimore’s Key Bridge crumbled into the Patapsco River, three rival brokers choreographed billions in coverage before sunrise—proof that in a poly-crisis world, the power brokers aren’t the insurers or the reinsurers, but the middlemen who now command a US$7 trillion sea of global risk.
The worldwide elevator and escalator market is projected to expand to roughly 166 billion US‑dollars by 2028, an annualised growth rate close to six per cent from 2024. Asia‑Pacific—particularly China and India—continues to supply most of the new‑equipment demand, whereas industrialised OECD economies increasingly focus
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