Russia has the highest concentration of debt issuers at risk of downgrade of any emerging market country, according to ratings agency Standard and Poor’s (S&P).
Across developing countries in Asia, Eastern Europe, the Middle East, Africa and Latin America, Russia had the greatest concentration of entities – be they companies, state institutions or government — poised for downgrades, according to a research paper from S&P on Friday.
“Falling commodity prices and increased geopolitical concerns gave Russia the highest concentration of potential downgrades, at 27 issuers,” S&P said.
Countries and businesses across emerging markets that were at risk of downgrade were rated from AA-minus down to B-minus that had either negative rating outlooks or ratings on “CreditWatch” with negative implications.
via CNBC 
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.