Tougher government requirements could upend the economics of P3 projects
A slow recovery could drive credit losses that pressure insurers
Government supports due to Covid-19 will erode finances worldwide, rating agency says
Long-term effects depend on whether governments address underlying social trends
The rating agency's downside scenario for the global economy would impact a wide swath of ratings
Weaker, more exposed banks are at greatest risk
Global investment banks' strong capital positions are expected to hold
One-third of ratings actions in 2019 involved ESG considerations
Economic disruption comes amid record high debt levels
Recreation, retail and resource sectors look most exposed