S&P slashes Sri Lanka’s bonds to ‘default’ rating
2022-08-15
Global ratings agency S&P Global on Monday slashed its rating on Sri Lankan bonds to ‘D’, representing default, following missedContinue Reading
Global ratings agency S&P Global on Monday slashed its rating on Sri Lankan bonds to ‘D’, representing default, following missedContinue Reading
Significant policy changes and austerity measures prevented Pakistan from heading toward a default-like situation similar to Sri Lanka, Pakistani financeContinue Reading
Russia defaulted on its foreign-currency sovereign debt for the first time in a century, the culmination of ever-tougher Western sanctionsContinue Reading
A US firm that has sued Sri Lanka for defaulting on its debt says that Sri Lanka’s default is beingContinue Reading
Sri Lanka which is battling its worst economic downturn since independence in 1948, joins a small club of countries thatContinue Reading
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