Africa’s Debt Crisis Has ‘Catastrophic Implications’ for the World

Africa’s Debt Crisis Has ‘Catastrophic Implications’ for the World

Crushing obligations to foreign creditors that have few precedents have sapped numerous African nations of growth and stoked social instability.
Powell Faces Economic Crossroads as He Prepares to Speak at Jackson Hole

Powell Faces Economic Crossroads as He Prepares to Speak at Jackson Hole

Jerome Powell, the Federal Reserve chair, will deliver remarks as inflation cools and growth holds up — but as labor market weakening threatens to interrupt the soft landing.