Moody’s Talks – The Big Picture

Around €300 billion of European spec-grade corporate debt needs refinancing by 2026, but uncertain market access, slower growth and higher interest rates increase risks for some lower rated entities. Speaker: Martin Hallmark, Senior Vice President-CFG at Moody's Investors ServiceHost: Colin Ellis, MD-Global Credit Strategist at Moody’s Investors Service Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Guests William Foster and David Rogovic discuss the recent wave of sovereign defaults, exploring the reasons behind the defaults and the challenges faced in debt restructuring. They analyze the causes and consequences of the defaults, regional variations in debt burdens, and the absence of a global framework for debt restructuring. The podcast also addresses coordination problems in sovereign debt and the impact of defaults on global investment, emphasizing the need for countries to establish robust frameworks and policies to instill investor confidence.

Strong policies, innovation and falling costs are set to propel green capital spending this year. However, a busy election calendar and slowing economic growth could temper that momentum.Speaker: Rahul Ghosh, MD-Sustainable Finance at Moody's Investors ServiceHost: Colin Ellis, MD-Global Credit Strategist at Moody’s Investors Service Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

A $4 billion fine for the cryptocurrency exchange Binance indicates greater regulatory focus that could bring more security and confidence to the crypto sector.Speaker: Cristiano Ventricelli, VP-Senior Analyst/DFDA at Moody's Investors ServiceHost: Colin Ellis, MD-Global Credit Strategist at Moody’s Investors Service Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this episode of the Big Picture podcast, we delve into the factors underpinning our recent decision to change the outlook on the Chinese sovereign rating to negative.Speaker: Gene Fang, Associate Managing Director - Sovereign Risk Group at Moody's Investors ServiceHost: Colin Ellis, MD-Global Credit Strategist at Moody’s Investors Service Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The conflict's credit effects should be limited to Israeli issuers, but an escalation that disrupts global energy and financial markets would widen the scope significantly.Speakers: Kathrin Muehlbronner, Senior VP-Sovereign Risk at Moody's Investors Service; Laura Perez,  Associate MD-Credit Strategy at Moody's Investors ServiceHost: William Foster, Senior Vice President at Moody’s Investors Service Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this episode of the Big Picture podcast, we delve into the reasons behind our outlook change, factors supporting the Aaa rating and opportunities to slow a decline in fiscal strength.Speaker: William Foster, Senior Vice President at Moody’s Investors ServiceHost: Colin Ellis, MD-Global Credit Strategist at Moody’s Investors Service Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this episode of the Big Picture podcast, we discuss our forecasts for G20 economic growth and inflation next year, and what this means for companies, lenders and governments.Speakers: Elena Duggar, MD-Credit Strategy; Madhavi Bokil, Senior VP-Credit StrategyHost: Sarah Carlson, Senior VP-SovereignRelated Research:Global Macro Outlook 2024-25: G-20 growth dynamics diverge amid ongoing global slowdown Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this episode of the Big Picture podcast, we discuss what is driving the recent fall in freight rates and what this could mean for the sector’s efforts to decarbonize and the global economy.Guests: Daniel Harlid, VP-Senior Credit Officer within the Corporate Finance Group at Moody’s Investors ServiceHost: Colin Ellis, MD-Global Credit Strategist at Moody’s Investors Service Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Our forecasts suggest a decline in debt/GDP ratios for around 80 of the 140 sovereigns we rate next year. However, social and environmental demands, coupled with higher-for-longer interest rates, pose larger fiscal challenges for some.Guests: Marie Diron, MD – Global Sovereign Risk, and Sarah Carlson, Senior Vice President at Moody’s Investors ServiceHost: William Foster, Senior Vice President at Moody’s Investors Service Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.