Tuesday 05, August 2008 by

Moody's publishes study of foreign currency deposit freezes and debt moratoria

Moody's said it has concluded an exhaustive examination of historical sovereign bond defaults and found that governments' resort to deposit freezes and debt moratoria, two quintessential forms of transfer and convertibility risk, had become less frequent in recent years.

Features & Analyses

Investments Boosting Bahrain's biscuits

Alan Smith, Managing Director, Gulf and Pakistan, Mondelez International discusses the company's $90 million investment in a Bahraini… read more