S&P Global Cut Its Emerging Market Growth Forecasts
July 14, 2020 at 11:12 AM EDT
The coronavirus pandemic is affecting emerging markets (EM) to the point where rating agency S&P Global cut its growth forecasts for the EM space. The agency is predicting that a 4.7% fall in the gross domestic product (GDP) would result due to the effects of the pandemic. Per a MSN report,...