Global Sovereign Credit

Russia defaulted on its foreign-currency sovereign debt for the first time in a century, the culmination of ever-tougher Western sanctions that shut down payment routes to overseas creditors

LONDON (Reuters) -Global sovereign borrowing will reach $10.4 trillion in 2022, nearly a third above the average before the coronavirus pandemic, S&P Global Ratings said in a report.

54 per cent of total loans given to African govts, 20 per cent each to governments in Asia and the Americas

'Vulnerability to extreme events related to sea level rise can also undermine investment'

Global sovereign credit cycle may improve on better growth forecast: Fitch