

Credit Currents - Moody's Ratings
Giulia Calcabrini, Chandra Ghosal, Patrick Ronk
Join Moody’s Ratings’ analysts every other Thursday as they break down the biggest stories in credit and why they matter.
Episodes
Mentioned books

Apr 29, 2020 • 17min
Credit challenges in Mexico and worsening prospects for the Chinese property sector
Original publish date: April 29, 2020Inside this episode:Ariane Ortiz-Bollin of the Sovereign team and Nymia Almeida of the Corporates team discuss the factors behind our recent rating downgrades of the Mexican sovereign and domestic energy giant PEMEX. Insights from Franco Leung of the Corporates team on the weaker operating environment for China’s property sector, one of the most active segments in emerging Asia debt markets.Related content:Government of Mexico – Baa1 negative; update following rating downgrade to Baa1, outlook negativeRating Action: Moody's downgrades PEMEX's ratings to Ba2; negative outlookOutlook turns negative; but most rated developers are stronger than broad sectorMoody's Emerging Markets Focus
© 2026 Moody’s Corporation and/or its licensors and affiliates. All rights reserved. Go to www.moodys.com/pages/globaldisclaimer.aspx for complete legal terms and conditions governing use of Moody’s information made available in this video. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Apr 15, 2020 • 15min
What the worlds largest lockdown and the coronavirus mean for India
Original publish date: April 15, 2020Inside this episode: India’s sweeping lockdown to combat the coronavirus outbreak is the largest restriction of movement the world has ever seen. In this episode, Moody’s analysts William Foster and Alka Anbarasu talk through the credit implications of containment efforts for the country’s government and banks. Analyst Gabriel Torres also joins to discuss Argentina’s economic outlook and prospects for another debt restructuring.Related content:Government of India – Baa2 negative; update following forecast changeGovernment of Argentina – Ca negative; update following downgrade to Ca, outlook negativeOutlook changed to negative as coronavirus outbreak and bank default add to risksMoody's Emerging Markets Focus
© 2026 Moody’s Corporation and/or its licensors and affiliates. All rights reserved. Go to www.moodys.com/pages/globaldisclaimer.aspx for complete legal terms and conditions governing use of Moody’s information made available in this video. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Apr 1, 2020 • 15min
Emerging market credit in the time of coronavirus
Original publish date: April 1, 2020Inside this episode:Marie Diron discusses what’s ahead for emerging market sovereigns as the coronavirus outbreak spreads and demand for oil drops. Matthew Kuchtyak discusses our outlook for sustainable finance and ESG investing in emerging markets after a landmark year in 2019.Related content:Coronavirus and oil price shock magnify weaknesses highlighted in negative 2020 outlookDeepening ESG focus in emerging markets will spur growth in sustainable debtMoody's Emerging Markets Focus
© 2026 Moody’s Corporation and/or its licensors and affiliates. All rights reserved. Go to www.moodys.com/pages/globaldisclaimer.aspx for complete legal terms and conditions governing use of Moody’s information made available in this video. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.


