sovereign debt

MF Global Suit Against PwC Cleared for Trial
Risk & Compliance

MF Global Suit Against PwC Cleared for Trial

A judge says a jury should decide whether PwC provided bad accounting advice that caused MF Global's collapse.
By Matthew Heller | August 9, 2016
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Oil Price Fall Hits Saudi Arabia’s Credit Rating
Risk

Oil Price Fall Hits Saudi Arabia’s Credit Rating

Fitch Ratings reduced Saudi Arabia’s long-term foreign and local currency ratings to "AA-," the fourth-highest investment grade.
By Matthew Heller | April 12, 2016
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IMF Economists Say ‘Just Live With’ Debt
The Economy

IMF Economists Say ‘Just Live With’ Debt

While some countries face 'debt sustainability constraints' that leave them no choice but to pay down debt, others can fund themselves at very low rates.
By Matthew Heller | June 3, 2015
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Fitch Downgrades Japan’s Debt Due to Fiscal Doubts
Risk Management

Fitch Downgrades Japan’s Debt Due to Fiscal Doubts

Fitch attributed its downgrade in part to “the absence of broadly equivalent fiscal measures" to replace a delayed sales tax increase.
By Matthew Heller | April 27, 2015
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S&P Downgrades Greece’s Rating Amid Liquidity Concerns
Global Business

S&P Downgrades Greece’s Rating Amid Liquidity Concerns

The Greek government's "limited cash buffers and approaching debt redemptions to preferred creditors constrain its negotiating flexibility," said S&P.
By Matthew Heller | February 9, 2015
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Managing Euro Exit Risk
Risk Management

Managing Euro Exit Risk

What treasurers need to address before the departure of a eurozone member draws any nearer.
By Vincent Ryan | November 30, 2011
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