Moody’s cuts global sovereign rating outlook to ‘negative’ for 2020

Moody’s cuts global sovereign rating outlook to ‘negative’ for 2020

FMT NEWS - Business·2019-11-11 22:49

Moody’s says disruptive and unpredictable world politics will slow growth and increase the risk of financial shocks next year. (Reuters pic)

LONDON: Rating agency Moody’s cut its global sovereign outlook for 2020 to “negative” from “stable” on Monday, saying disruptive and unpredictable world politics would slow growth and increase the risk of economic or financial shocks.

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