Coronavirus to cause global recession, surge in defaults – S&P Global
The sudden economic stop caused
by coronavirus containment measures will cause a global
recession this year and could see U.S. corporate default rates
spike above 10% in the next 12 months, ratings agency S&P Global
warned on Tuesday.
by coronavirus containment measures will cause a global
recession this year and could see U.S. corporate default rates
spike above 10% in the next 12 months, ratings agency S&P Global
warned on Tuesday.
Posted by Reuters
