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Keyword: Sovereign rating

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3679756 - orange stock market world economy abstract background

Government finances face pressure from rising rates, slowing growth

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A Russian default could have a ripple effect by adding pressure on global debt markets

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Shift to crypto could boost financial inclusion, but may weaken monetary policy efficacy

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The country has about $40 billion in foreign currency debt

40556994 - close up image of stock market data on a computer monitor.

Holders of the bonds, such as funds that invest in emerging market bonds, could take serious losses

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Sovereign ratings may come under pressure as demand for dirty energy drops

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Covid-19's massive effects on government finances drive the rating cut

3679756 - orange stock market world economy abstract background

Efforts to combat the economic fallout are likely to weaken government finances


Early optimism has been dimmed by an array of downside risks

Edmonton city center with River and bridge

The rating agency forecast Canada's real GDP growth will be 1.6% next year