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Sovereign defaults jump to record high amid rate hikes, Russia's war on Ukraine, and Covid, Fitch...
Business Insider via Yahoo Finance· 1 year agoArmored vehicle is seen as Russia-Ukraine war continues in Chasiv Yar, Bakhmut, Donetsk Oblast,...
EMERGING MARKETS-Stocks edge up ahead of US CPI; Sri Lankan stocks steady after budget
Reuters via Yahoo Finance· 7 months agoMost emerging markets stocks edged up on Monday ahead of a keenly anticipated consumer price index reading out of the U.S., while Sri Lanka's stocks and rupee were steady after the government ...
EMERGING MARKETS-EM assets down on recession fears; Sri Lankan bonds fall as president resigns
Reuters via Yahoo Finance· 2 years ago* China stocks fall on COVID flare-up, tech weakness * Turkish lira declines as Fitch cuts rating deeper into junk territory * Mexican peso slips on Moody's downgrade By Anisha Sircar July 11 ...
Global creditors quiz ratings agencies over debt relief to the poorest
Reuters via Yahoo Finance· 4 months agoGlobal creditors and Moody's, Fitch and S&P Global Ratings met on Wednesday to discuss ratings...
Looming Debt Crunch Positions Laos as Next Possible Asia Default
Bloomberg via Yahoo Finance· 2 years ago(Bloomberg) -- Laos, with dwindling cash reserves and surging inflation, is facing some of the same...
UPDATE 1-More small emerging market defaults 'probable' in 2023 - Fitch
Reuters via Yahoo Finance· 2 years agoMore sovereign defaults are "probable" next year among small emerging market countries, ratings agency Fitch said in its 2023 outlook on Monday, citing a likelihood of sudden jumps in borrowing ...
Political Strife Threatens Even Bigger Losses in Pakistan Assets
Bloomberg via Yahoo Finance· 2 years ago(Bloomberg) -- The specter of political uncertainty delaying the International Monetary Fund’s...
Sub-Saharan Africa's debt pressures to continue to rise - Fitch
Reuters via Yahoo Finance· 1 year agoThe external debt service burden in Sub-Saharan Africa will continue to climb in the coming years, ratings agency Fitch said on Wednesday, as the pressures of rising global interest rates mount ...
EMERGING MARKETS-Stocks at one-month low; Turkey, South Africa rate decisions on tap
Reuters via Yahoo Finance· 1 year ago* South Africa likely to hike interest rates * Turkey cenbank expected to hold rates * Sino-U.S. disputes knock down China, Hong Kong stocks * EM stocks fall for third straight day By Amruta ...
Debt crunch looms for weaker economies with a wall of bond maturities ahead
Reuters via Yahoo Finance· 1 year agoWASHINGTON (Reuters) -A combination of sticky high interest rates and lacklustre global growth could...