NEWS： Moody's will forecast the sovereign rating of many countries in the world next y
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Moody's has warned the UK, South Africa, India, Mexico, Turkey and Hong Kong about the downgrade, saying there are three main reasons for the outlook.
Unpredictable political and trade wars, such as those between the United States and China, will weaken open and commodity exporting economies.
Increasingly hostile environments can also undermine global and national systems, coupled with slower growth, increasing the likelihood of crises, but reducing the ability to deal with them.
"In an unpredictable environment, economic growth and credit risk tend to decline," Moody's said in a report. "The report assessed 142 countries it rated and their $63.2 trillion in sovereign debt.
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