Discover what odious debt is, how it operates, and examples of its occurrence. Learn why successor governments may refuse to ...

Learn what external debt is, its types, and how it contrasts with internal debt. Understand the implications of foreign borrowing for a country’s economy.

Emerging market sovereign debt faces significant risks due to high debt levels, currency devaluations, slower growth, and rising inflation leading into 2025. Equities in high-yielding emerging markets ...

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, ...

On May 16, 2025, Moody’s downgraded the United States’ credit rating, making it the last major rating agency to strip the United States of its Aaa rating. This downgrade is more than a technical ...