Moody's Issues Worldwide Debt Warning

Moody’s issues debt downgrade warning to the entire world

Ratings agency Moody’s has issued a debt downgrade warning to the entire world on fears that political turmoil from Westminster to Hong Kong poses a threat to the economy. It cut its global sovereign outlook to ‘negative’ from ‘stable’ for 2020, cautioning that ‘disruptive and unpredictable’ politics was worsening the slowdown in growth.