Venezuela faces one of the world's largest unresolved sovereign defaults following economic crises and U.S. sanctions. With ...

The toppling of President Nicolas Maduro has thrust Venezuela's debt crisis - one of the world's largest unresolved sovereign ...

The fall of President Nicolas Maduro has brought Venezuela's long-running debt crisis back into the global spotlight. One of ...

About the authors: Benn Steil is director of international economics at the Council on Foreign Relations and the author of The World That Wasn’t: Henry Wallace and the Fate of the American Century .

Investors are running for the hills these days, shaken to the core by fears that sovereign defaults will roil global markets and derail the shaky recovery. They have a lot to worry about. European ...

Russia faces its first major external debt default since 1917 as Western sanctions in response to its invasion of Ukraine limit its ability to service foreign bonds. March 15 (Reuters) - Russia faces ...

Ukraine has fewer than four weeks to strike a deal with its creditors or risk a default that could seriously harm the economic recovery of the war-ravaged country. Two years ago, Ukraine's private ...

Moody’s attempt to improve the transparency and predictability of its credit ratings should be welcomed. But is it high time the agency dropped the pretence of default-signalling when, like its rivals ...

Sovereign defaults are at a record high, with 14 default events since 2020, Fitch said. That's compared to 19 such events between 2000 and 2019, according to the ratings agency. Default events are ...