The turbulence caused by the customs tariffs of the American President Donald Trump suddenly interrupted the sale of the sovereign debts of the emerging countries in April after the emissions of developing countries and companies swelled the records of the first quarter. This is what Reuters reports in an article that is dedicated to the sovereign debt of the emerging countries.
In April, usually solid months for the turnover of emerging countries on the international capital markets, business activities were reduced due to political uncertainty, fears of global recession and the outbreak of American returns.
According to the Tellimer Investment Research Company, no sovereign state used the markets of strong currencies in April. This situation is in contrast to that of the first quarter, in which companies in the emerging countries are $ 150 billion and sovereign states of $ 89 billion, according to JPMorgan calculations.
The countries that have managed to complete transactions since the beginning of the year include Romania, Côte d’Ivoire, Morocco, Montenegro and Armenia.