Report
Carlo Capuano ...
  • Nichola James

Coronavirus in Italy: Fears of a Recession

Over the course of a few days, Italian authorities have identified more than 300 cases of Coronavirus (COVID-19) mainly in Northern Italy. At this juncture, Italy appears to have the highest number of cases outside of Asia. This has led the Italian authorities to implement extraordinary measures in several regions of the North to limit the contagion. Schools, sporting events, public gatherings and most public services and offices are suspended for a week and some small cities have been put in quarantine. Private businesses have been affected as well, with a number of institutions encouraging employees to work from home.
Underlyings
Provider
DBRS Morningstar
DBRS Morningstar

DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.

Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.

Analysts
Carlo Capuano

Nichola James

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