Monday, 21 January 2013

Sovereign Risk - Norway Tops the List, Greece in Last

According to the latest Mapping Sovereign Risk report by Blackrock, Norway is the country with the least sovereign risk in the world (thank you oil and gas!). It is followed by Singapore, Switzerland, Sweden and Finland. Egypt, Portugal and Greece are found at the bottom of the list. The U.S. is no. 15 on the list, just ahead of China, while "The fiscal profile of Japan worsened enough to cause it to slip two spots to 35th place, even as its other BSRI components improved. Japan now ranks just ahead of South Africa but below the likes of Turkey, Indonesia and Slovakia".


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