JPMorgan warns 10% of junk-rated emerging markets face debt crises - Reuters.com
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5/24/2022 12:00:00 AM2 years 11 months ago
Rising borrowing costs and the global fallout of the Russia-Ukraine war could see up to 10% of riskier, 'junk'-rated emerging market countries suffer debt crises this year, analysts at U.S. investment bank JPMorgan have warned.
LONDON, May 24 (Reuters) - Rising borrowing costs and the global fallout of the Russia-Ukraine war could see up to 10% of riskier, 'junk'-rated emerging market countries suffer debt crises this year,… [+1184 chars]
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