The US takeover of Venezuela's oil exports has re-routed crude barrels that were being used to service debt owed to China.

Emerging market debt has had a very salient couple of years, changing from a relatively sane, higher-yield product to a riskier product. In recent years, sovereign defaults have become a problem, ...

The fractured alignment between SOEs and policy banks that once underpinned China’s overseas lending model is now breaking ...

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 ...

Jochen Andritzky’s book demonstrates the importance of analysing CDS prices alongside bond prices in assessing the likelihood of sovereign default and expected recovery values. Felix Salmon examines ...

The fall of President Nicolas Maduro has brought Venezuela's long-running debt crisis back into the global spotlight. One of the world's largest unresolved sovereign defaults, Venezuela's financial ...