After Emerging Market Default, Sovereign Ratings Follow A Diverse Recovery
The path of sovereign ratings after default is diverse, ranging from serial defaults to recovery to investment grade. Overall, the…
Angola’s Headwinds: Low Oil, Large External Debt
Low oil prices, rapid currency depreciation, and large external debt redemptions have raised concerns over Angola’s debt sustainability in the medium term, says global rating agency S&P Global. In reaffirming…
