Getty Images May 5, 2024 African countries can’t resolve their debt crisis under a system rigged against them Carlos Lopes, University of Cape Town African countries are being driven into a debt dependency cycle. Three major factors are at play.
EMMANUEL DUNAND/AFP/Getty Images February 13, 2022 Moody’s has bought a leading African rating agency: why it’s bad news Misheck Mutize, University of Cape Town Moody’s acquisitions are a setback for the development of alternative rating agencies to compete against the monopoly of the ‘big three’.
Morocco wanted to spend more on health care. As a result, its credit rating was cut. AP Photo/Abdeljalil Bounhar August 11, 2021 Credit ratings are punishing poorer countries for investing more in health care during the pandemic Ramya Devan, Stockton University Low-income countries that sought to spend more on health care during the pandemic have been hit with ratings downgrades, while others avoided borrowing entirely.
Tall buildings, smaller credit rating. Jeremy Reddington October 21, 2020 Why sovereign credit downgrades no longer matter as much as they used to Ghulam Sorwar, Keele University The first trading day after Moody’s cut the UK to three notches below Aaa, the markets shrugged.
Boom times. Artem Aleshko November 19, 2019 Buckle up for turbulence: why a global debt crisis looks very hard to avoid Rodrigo Olivares-Caminal, Queen Mary University of London A toxic mix of ugly politics and structural economic problems is threatening to tip debt over the edge.