Sovereign default risks are on course to rise further in 2021, with Iraq, Sri Lanka, Angola and Gabon at high probability of default, say Goldman Sachs analysts.

The analytical paper, published this month, says the number of sovereigns in default went from 92 in 2023 to 86 in 2024 – the ...

There’s no doubt that Pakistan’s return from the brink is an achievement worth acknowledging. Few economies rebound from near ...

If the cost of a CDS drops, it means investors see the borrower as less risky. So, when Pakistan’s CDS-implied probability ...

Pakistan has recorded a remarkable improvement in its sovereign default risk, becoming the second-best performer globally ...

Spreads on U.S. government credit default swaps, market-based gauges of the risk of a sovereign default, have ticked higher amid market concerns over the U.S. government shutdown.

President Javier Milei’s economic reforms, which investors see as crucial for Argentina’s credit to improve, are threatened ...

Pakistan has emerged as a standout performer among global emerging markets, recording one of the sharpest declines in ...

As per the latest data by Bloomberg shared by Adviser to Finance Minister Khurram Shehzad, Pakistan stood second only to ...

Advisor to the Finance Minister, Khurram Schehzad, on Sunday said that in a remarkable shift, Pakistan has emerged as one of ...

Advisor to the Federal Finance Minister, Khurram Shahzad, wrote in a message on X that Pakistan is the only country to show ...