Corporate Defaults at Fastest Pace Since Financial Crisis: S&P Report Warns of Troubling Trend

Thursday, 14 March 2024, 18:53

A recent report from S&P Global Ratings indicates that corporate defaults are on the rise worldwide, reaching levels not seen since the financial crisis. Factors such as high interest rates and persistent inflation are contributing to this alarming trend, posing significant challenges to businesses globally. The data highlights the urgent need for proactive measures to mitigate the growing risks of debt defaults across various industries.

https://store.livarava.com/7ae0cdb6-e234-11ee-9671-5254a2021b2b.jpe — Corporate Defaults at Fastest Pace Since Financial Crisis: S&P Report Warns of Troubling Trend

Corporate Defaults Surge: S&P Global Ratings Report

Companies around the world are defaulting on their debt at the fastest pace since the global financial crisis as high interest rates and stubborn inflation continue to take their toll, according to a report from S&P Global Ratings.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Corporate Defaults Surge: S&P Global Ratings Report

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