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 ...
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 ...
About the authors: Benn Steil is director of international economics at the Council on Foreign Relations and the author of The World That Wasn’t: Henry Wallace and the Fate of the American Century .
JOHANNESBURG, June 21 (Reuters) - Infant mortality rises and life expectancy falls when sovereign debt defaults are not quickly resolved, a study said on Wednesday, as negotiations to restructure the ...
* WEF highlights threat from fiscal crises, chronic diseases * Risk of underinvestment in infrastructure also key * Warns of increased interconnection among risks * Danger that underlying strains, ...
Do sovereign ratings provide a reliable indication of prospective sovereign default risk or merely a measure of the expected loss involved? It’s a moot point, but an important one, particularly as ...
NEW YORK (Reuters) -Spreads on U.S. government credit default swaps (CDS), market-based gauges of the risk of a sovereign default, ticked lower on Monday amid market optimism that the longest federal ...
An approaching new year always invites a scan of Latin America’s debt markets for potential defaults. There are no soothsayer points on offer for highlighting Argentina’s coming restructuring – the ...
Ukraine has incurred a sovereign credit default after electing not to make payments owed Monday to holders of $2.6 billion of its debt securities. Ukraine’s Finance Ministry said last week the planned ...
LONDON, Dec 26 (Reuters) - Ethiopia became Africa's third default in as many years on Tuesday after it failed to make a $33 million "coupon" payment on its only international government bond. Africa's ...