Tag: moody's
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Week in Review: Human Rights, Contracts and Finance
China is turning to governments in Tanzania, South Sudan, and other Global South countries to fend off international criticism over its human rights policies in Xinjiang. The treatment of Uyghur Muslims was the main focus this week at the UN Human Rights Council after
Who’s Next to Fall? Moody’s Points to Mozambique
In the wake of Zambia's default on a portion of its private creditor debt and the subsequent downgrade by international credit ratings agencies, investors are scanning the map to see which country will tumble next. According to the global ratings agency Moody's Investors Services, Mozambique is a ...
UN Agency is Upset With Moody’s After the Firm Took Action Against Four African Countries
The United Nations’ Department of Economic and Social Affairs is disappointed with Moody's Investors Services after the global ratings agency put four African countries up for review following their decision to join the G20's debt service suspension initiative (DSSI), according to a report in ...
Even if Africa’s Creditors Reach a Debt Relief Deal, Moody’s Says It Won’t Matter in the Long Run
The global credit rating agency Moody's Investors Services issued a grim warning this week that even if African governments are able to finalize a debt relief deal with their creditors, it won't help very much. "While debt-service relief will allow some ...