Emerging market debt has had a very salient couple of years, changing from a relatively sane, higher-yield product to a riskier product. In recent years, sovereign defaults have become a problem, ...

Do sovereign ratings provide a reliable indication of prospective sovereign default risk or merely a measure of the expected loss involved? It’s a moot point, but an important one, particularly as ...

LONDON (Reuters) - Some of the world's smallest economies, especially in Africa, could be at increased risk of being unable to pay their debts in the medium term, even as developing nations have ...

Jochen Andritzky’s book demonstrates the importance of analysing CDS prices alongside bond prices in assessing the likelihood of sovereign default and expected recovery values. Felix Salmon examines ...

When assessing business risk from operating in a country, you will be affected by uncertainty that arises from almost every source. The simplest and most longstanding measure of country risk takes the ...

NEW YORK (Reuters) -Spreads on U.S. government credit default swaps (CDS), market-based gauges of the risk of a sovereign default, ticked lower on Monday amid market optimism that the longest federal ...

The US takeover of Venezuela's oil exports has re-routed crude barrels that were being used to service debt owed to China.

A common currency is a wise and important component of European integration and economic vitality. The euro was set up presciently, but its evolution in a sequence of crises now leaves it in a ...