News Snapshot:
- A + A KUALA LUMPUR (July 19): Asia Pacific (APAC) governments’ policy response to food shocks will have lasting effects on sovereigns and companies, said Moody's Investors Service. In a statement on Tuesday (July 19), the firm said food security has become a major concern for governments in APAC as the Russia-Ukraine military conflict continues to disrupt supply and raise the cost of agricultural products. Moody’s said food shocks could increase social discontent and trade protectionism, while policy responses to recent shocks will have long-term credit implications for sovereigns and some corporates. Deborah Tan, Moody's assistant vice president and...
