In this episode of the Big Picture podcast, we discuss what is driving the recent fall in freight rates and what this could mean for the sector’s efforts to decarbonize and the global economy.

Guests: Daniel Harlid, VP-Senior Credit Officer within the Corporate Finance Group at Moody’s Investors Service

Host: Colin Ellis, MD-Global Credit Strategist at Moody’s Investors Service

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Our forecasts suggest a decline in debt/GDP ratios for around 80 of the 140 sovereigns we rate next year. However, social and environmental demands, coupled with higher-for-longer interest rates, pose larger fiscal challenges for some.

Guests: Marie Diron, MD – Global Sovereign Risk, and Sarah Carlson, Senior Vice President at Moody’s Investors Service

Host: William Foster, Senior Vice President at Moody’s Investors Service

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In this episode of the Big Picture podcast, we discuss the narrative around the dollar’s demise, the implications for the global economy and the viability of its rivals.

Guests: Al Wilson, Chief Credit Officer at Moody’s Investors Service (MIS), and William Foster, Senior Vice President at Moody’s Investors Service

Host: Sarah Carlson, Senior Vice President at Moody’s Investors Service

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In this episode of the Big Picture podcast, we discuss the hype around generative AI, which sectors and countries stand to gain most, and the risks they need to manage.

Guests: Vincent Gusdorf, Senior Vice President within the Digital Finance group at Moody’s Investors Service (MIS), and Christian Fang, VP-Senior Analyst in the Sovereign Risk group at MIS. 

Host: Matt Bridle, AVP within the Research Group at Moody’s Investors Service

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In this episode of the Big Picture podcast, we delve into the world of shadow banking, exploring its recent rapid growth, where we think the risks are, the challenges facing regulators, and the potential threats to financial stability.

Guests: Colin Ellis, MD-Global Credit Strategist at Moody’s Investors Service, and Michael Taylor, MD-Credit Strategy at Moody’s Investors Service

Host: Jennifer Wong, VP-Sr Credit Officer at Moody’s Investors Service

© 2026 Moody’s Corporation and/or its licensors and affiliates. All rights reserved. Go to www.moodys.com/pages/globaldisclaimer.aspx for complete legal terms and conditions governing use of Moody’s information made available in this video.

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Barring gains in productivity, participation rates, skills, education and experience, the coming drag on growth and public finances will be significant.

Guests: Christian de Guzman, Senior Vice President/Manager at Moody’s Investors Service, and Anushka Shah, Vice President-Senior Credit Officer at Moody’s Investors Service

Host: William Foster, Senior Vice President at Moody’s Investors Service

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On this episode of the Big Picture podcast, our analysts explore the situation in labor markets and its broader implications for the global economy and corporate credit quality.

Guests: Yasmina Serghini, Managing Director within the Corporate Finance Group at Moody’s Investors Service, and Gabriel Agostini, Assistant Vice President within the Credit Strategy and Research Group at Moody’s Investors Service

Host: Jennifer Wong, Vice President – Senior Credit Office within the Sub-Sovereign Group at Moody’s Investors Service

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As higher borrowing costs and structural shifts compound cyclical trends in commercial real estate, our analysts explain where the risks lie and how they could affect lenders and the broader economy. 

Guests: Ana Arsov, MD- Financial Institutions at Moody’s Investors Service, Keith Banhazl, MD-Structured Finance at Moody’s Investors Service and Matthias Hellstern, MD-Corporate Finance at Moody’s Investors Service

Host: William Foster, Senior Vice President within the Sovereign Risk team at Moody’s Investors Service

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Policy rates may be approaching their peaks, but central bankers are unlikely to change course anytime soon. In this episode of The Big Picture podcast, we discuss what this means for credit risk.

Guests: Atsi Sheth, MD-Global Strategy & Research at Moody’s Investors Service, and Jorge Rodriguez-Valez, Senior Vice President within Global Strategy & Research at Moody’s Investors Service

Host: Sarah Carlson, Senior Vice President within the Sovereign Risk team at Moody’s Investors Service

© 2026 Moody’s Corporation and/or its licensors and affiliates. All rights reserved. Go to www.moodys.com/pages/globaldisclaimer.aspx for complete legal terms and conditions governing use of Moody’s information made available in this video.

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The underutilization of women in the workforce has a huge cost in terms of lost productivity and economic output around the world. What progress has been made and what will it take for women to achieve parity in labor force participation, pay and management roles?

Guests: Dawn Holland, Director of Economic Research, Moody’s Analytics, and Raphaele Auberty, Analyst – Sub-sovereign Group, Moody’s Investors Service.

Host: Sarah Carlson, Senior Vice President, Sovereign Risk Group, Moody’s Investors Service.

To read more on this topic, visit The Big Picture page on Moodys.com (some content only available to registered users or subscribers).

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