Ukraine has fewer than four weeks to strike a deal with its creditors or risk a default that could seriously harm the economic recovery of the war-ravaged country. Two years ago, Ukraine's private ...
Venezuela faces one of the world's largest unresolved sovereign defaults following economic crises and U.S. sanctions. With $60 billion in defaulted bonds and up to $170 billion in total external debt ...
Investors are running for the hills these days, shaken to the core by fears that sovereign defaults will roil global markets and derail the shaky recovery. They have a lot to worry about. European ...
The fractured alignment between SOEs and policy banks that once underpinned China’s overseas lending model is now breaking ...
Emerging market debt has had a very salient couple of years, changing from a relatively sane, higher-yield product to a riskier product. In recent years, sovereign defaults have become a problem, ...
The fall of President Nicolas Maduro has brought Venezuela's long-running debt crisis back into the global spotlight. One of ...
LONDON (Reuters) - Some of the world's smallest economies, especially in Africa, could be at increased risk of being unable to pay their debts in the medium term, even as developing nations have ...
Moody’s attempt to improve the transparency and predictability of its credit ratings should be welcomed. But is it high time the agency dropped the pretence of default-signalling when, like its rivals ...
Jochen Andritzky’s book demonstrates the importance of analysing CDS prices alongside bond prices in assessing the likelihood of sovereign default and expected recovery values. Felix Salmon examines ...
A common currency is a wise and important component of European integration and economic vitality. The euro was set up presciently, but its evolution in a sequence of crises now leaves it in a ...