Yellen Rebukes Chinese Lending Practices in Call for Debt Relief
Posted inBanking and Financial Institutions Biden, Joseph R Jr China Developing Countries Foreign Aid Group of Seven International Monetary Fund International Relations Poverty Presidential Election of 2024 Russia Trump, Donald J Ukraine United States Economy United States International Relations United States Politics and Government World Bank Yellen, Janet L

Yellen Rebukes Chinese Lending Practices in Call for Debt Relief

In an interview, the Treasury secretary also highlighted progress at the World Bank and the International Monetary Fund ahead of annual meetings this week.
Africa’s Debt Crisis Has ‘Catastrophic Implications’ for the World
Posted inAfrica Banking and Financial Institutions China Credit and Debt Developing Countries Economic Conditions and Trends Foreign Investments Government Bonds International Monetary Fund Kenya Nigeria Politics and Government Suriname Uganda World Bank Zambia

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.