Moody’s Warns Of Sovereign Debt Dangers As Political And Economic Risks IncreaseBala Murali Krishna
High debt, low growth and political curveballs might have plunged the outlook for the world economy to its worst in four years and one of the biggest worries is in the category of Sovereign Ratings.
Measured by Moody’s sovereign ratings, 26% of the countries have negative ratings outlook, the lowest since 2012, while only 9% have a positing rating outlook for the next 12-18 months.
“Growth is unlikely to pick up materially in 2017 and may even decelerate further in some countries . . .
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