The path of sovereign ratings after default is diverse, ranging from serial defaults to recovery to investment grade. Overall, the five sovereigns that have defaulted in 2020 – Argentina, Ecuador,…
Zambia‘s very weak credit profile (Ca stable) reflects “unsustainable debt dynamics and heightened liquidity,” Moody’s Investor Service said this month.…
The recently-ratified Continental Free Trade Area (CFTA) agreement will have the near-term effect of boosting cross-border trade, in particular granting…
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