Tuesday, November 12, 2019

Moody’s downgrades global sovereign outlook for 2020 to negative

COLOMBO(News 1st) – Rating agency Moody’s has cut its global sovereign outlook for 2020 to ‘negative’ from ‘stable’, saying disruptive and unpredictable world politics would slow growth and increase the risk of economic and financial shocks. Moody’s, which has already slapped downgrade warnings on Britain, South Africa, India, Mexico, Turkey, and Hong Kong, said there […]

Moody’s downgrades global sovereign outlook for 2020 to negative

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