Macroeconomy & Globalization
We sat down with Fergus McCormick, head of sovereign ratings at DBRS, to discuss the rating agency’s outlook for global markets, sovereign ratings and how the firm differs from its competitors.
Election Coverage: “Good days are here,” tweeted prime minister-designate Narendra Modi after he led the right-wing Hindu nationalist Bharatiya Janata Party to a landslide victory last Friday in India’s bitterly fought parliamentary elections.
An escalation of sanctions on Russia stemming from its actions in Ukraine could pressure Russia’s overall economic growth. Some companies, particularly those perceived to have close ties to president Vladimir Putin and his inner circle, may have difficulties tapping the international capital markets for funding.