Category: Credit and Debt

I.M.F. Presents Plan to Help Poor Countries During Pandemic

In a global economy defined by extreme forms of inequality, the pandemic has widened the divide....

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China’s Biggest ‘Bad Bank’ Tests Beijing’s Resolve on Financial Reform

HONG KONG — BlackRock gave it money. So did Goldman Sachs.Foreign investors had good reason to...

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How Debt and Climate Change Pose a ‘Systemic Risk to the Global Economy’

How does a country deal with climate disasters when it’s drowning in debt? Not very well, it turns...

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