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 ...
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 ...
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 .
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, ...
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 ...
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 ...
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 ...
In this episode, reporter Zijia Song joins markets editor Sydney Maki to discuss how the risk of government defaults in emerging markets this year is subsiding, stoking a rally in bonds that were just ...
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 ...
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 ...