Changing tides: politics, elections and credit risk
The far-reaching nature of various political shifts under way across the world, has raised the potential for significant changes in policy direction for Middle Eastern sovereigns, the Government of Italy and more.
  • SUMMARY
  • RESEARCH

  • SECTOR IN-DEPTH
    25 Jun 2019|Moody's Investors Service
    Declining investor confidence puts more strain on domestic issuers that depend heavily on external capital.The independence of the central bank, as well as the government's unwillingness or inability to implement policies that will sustain external investors' confidence, remain a concern.

    SECTOR IN-DEPTH
    17 Jun 2019|Moody's Investors Service
    Mexico’s policy framework is weakening in two key respects with potential negative implications for growth and debt. Unpredictable policymaking is undermining investor confidence and medium-term economic prospects.

    OUTLOOK
    06 Jun 2019|Moody's Investors Service
    Recent escalation in US-China tensions has clouded the global economic outlook, and risks of a sharper slowdown have risen. In the event of a significant global deceleration, advanced industrial G-20 economies have limited monetary and fiscal policy space for stimulating global aggregate demand.

    ISSUER COMMENT
    05 Jun 2019|Moody's Investors Service
    On 30 May, Israel’s parliament, for the first time in its history, voted to dissolve itself before a government formed, resulting in new general elections on 17 September. Fresh elections will prolong Israel’s political uncertainty and reform inertia, as well as delay budgetary consolidation.