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Defaults Loom as Poor Countries Face an Economic Storm

The New York Times – Business:

Debt-relief efforts are stalling as developing economies are being hit by higher interest rates, a strong dollar and slowing global growth.

Alan Rappeport
Author: Alan Rappeport

This post first appeared in The New York Times – Business. Read the original article.

Written by

Alan Rappeport

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Credit and Debt, Economic Conditions and Trends, Group of Twenty, Inflation (Economics), International Monetary Fund, Malpass, David, Third World and Developing Countries, World Bank
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