Econsignal Credit Stress

{
  "credit_ratings": {
    "fitch": "B-",
    "moodys": "Caa1",
    "outlook": "Stable (post-devaluation adjustment)",
    "sp": "B-"
  },
  "query_summary": {
    "country": "Egypt",
    "iso2": "EG",
    "iso3": "EGY"
  },
  "reform_progress": "EGP float and subsidy cuts proceeding on schedule; FDI uptick in Q1 2025; tourism revenues recovering",
  "sovereign_profile": {
    "debt_service_ratio_pct_exports": 34,
    "external_debt_usd_bn": 165,
    "fx_reserves_usd_bn": 46,
    "gov_debt_pct_gdp": 95.8,
    "imf_program_active": true,
    "imf_program_detail": "EFF $8B (2024-2026) — conditional on EGP float, subsidy reform"
  },
  "stress_indicators": {
    "banking_sector_npl_pct": 3.8,
    "cds_5yr_bps": 620,
    "dollarization_deposits_pct": 22,
    "eurobond_yield_spread_bps": 680,
    "fx_regime": "Managed float post-March 2024 — EGP devalued 40%"
  },
  "stress_score": {
    "max": 100,
    "note": "Manageable near-term with IMF/GCC support; medium-term solvency requires structural reform",
    "rating": "High Stress",
    "score": 62
  },
  "vulnerability_assessment": {
    "contagion_risk": "Low — Egypt too systemically important for GCC to allow default",
    "liquidity_risk": "Moderate — IMF program + Gulf GCC deposits provide near-term buffer",
    "rollover_risk": "Elevated — $18B external debt maturities in 2025-2026",
    "solvency_risk": "High — debt/GDP ratio requires sustained primary surplus to stabilize"
  }
}

# bash or zsh: see the payment challenge. Nothing is charged.
curl -sS -g -i 'https://econsignalpulse.theaslangroupllc.com/api/econsignal/credit-stress?country=Egypt&lang=en'

# x402 v2 sends the challenge base64-encoded in the PAYMENT-REQUIRED header (v1 sends it in the body).
# To read the header:
curl -sS -g -o /dev/null -D - 'https://econsignalpulse.theaslangroupllc.com/api/econsignal/credit-stress?country=Egypt&lang=en' \
  | grep -i '^payment-required:' | cut -d' ' -f2 | tr -d '\r' | base64 --decode

// npm i @x402/fetch @x402/evm viem
import { wrapFetchWithPayment, x402Client } from "@x402/fetch";
import { registerExactEvmScheme } from "@x402/evm/exact/client";
import { privateKeyToAccount } from "viem/accounts";

// Pays at most $0.15 per call.
const client = new x402Client().setSpendControls({ maxAmountPerPayment: "$0.15" });
registerExactEvmScheme(client, { signer: privateKeyToAccount(process.env.EVM_PRIVATE_KEY) });
const pay = wrapFetchWithPayment(fetch, client);

// Not sure it's safe to pay? ToolVet checks it first for $0.005. Pay for that from a separate
// client: this one is capped at $0.15 per payment. GET https://toolvet.app/api/v1/check?url=https%3A%2F%2Feconsignalpulse.theaslangroupllc.com%2Fapi%2Feconsignal%2Fcredit-stress
const res = await pay("https://econsignalpulse.theaslangroupllc.com/api/econsignal/credit-stress?country=Egypt&lang=en");
console.log(res.status, await res.text());

# pip install "x402[requests,evm]"
import os
from eth_account import Account
from x402 import x402ClientSync
from x402.http.clients import x402_requests
from x402.mechanisms.evm import EthAccountSigner
from x402.mechanisms.evm.exact.register import register_exact_evm_client

# Pays at most $0.15 per call.
client = x402ClientSync().set_spend_controls({"max_amount_per_payment": "$0.15"})
register_exact_evm_client(client, EthAccountSigner(Account.from_key(os.environ["EVM_PRIVATE_KEY"])))

with x402_requests(client) as session:
    res = session.get("https://econsignalpulse.theaslangroupllc.com/api/econsignal/credit-stress?country=Egypt&lang=en")
    print(res.status_code, res.text)