As Ukraine Invasion Drags, Do Global Debt Risks Rise?

James McCormack, Global Head of Sovereign Ratings, Fitch Ratings

04-Apr-22 08:00

As Ukraine Invasion Drags, Do Global Debt Risks Rise?

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James McCormack, Global Head of Sovereign Ratings at Fitch Ratings, addresses the possibility of sovereign debt default risks due to Russia's invasion of Ukraine, given the globalised nature of the modern economy. He also addresses the shifting nature of global currencies, including the US Dollar's status as a global reserve currency. Image credit: Shutterstock.com

Produced by: Moh Heng Ying

Presented by: Khoo Hsu Chuang

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Categories: trends and forecasts, markets, politics, social issues

Tags: reserve currency, global economy, global debt, sovereign debt, Russia-Ukraine conflict, us dollar, currencies,

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