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China took on outsized debt relief burden under G20 pandemic aid plan, study finds
South China Morning Post via Yahoo Finance· 1 year agoChinese creditors offered more debt relief than their share of claims under a G20 initiative to help...
Angola's interest payments to creditors double as Chinese debt freeze ends
South China Morning Post via Yahoo Finance· 9 months agoAngola's interest payments to external creditors, mostly Chinese, doubled from US$775 million in the...
Poor countries' debt servicing is the costliest since 2000 - World Bank
Reuters via Yahoo Finance· 2 years agoThe poorest countries in the world now spend over a tenth of their export income to service external...
Cost-of-living crisis driving 'breathtaking' surge in extreme poverty - UNDP
Reuters via Yahoo News· 2 years agoThe global cost-of-living crisis is pushing an additional 71 million people in the world's poorest...
African Sovereigns: Deeper, Co-ordinated Debt Relief Needed to Strengthen Credit Profiles
FX Empire via Yahoo Finance· 11 months agoDistressed African countries risk having weaker credit profiles for longer unless there are better...
Global creditors quiz ratings agencies over debt relief to the poorest
Reuters via Yahoo Finance· 4 months agoGlobal creditors and Moody's, Fitch and S&P Global Ratings met on Wednesday to discuss ratings...
China's debt relief to poor countries slows amid continuing appeals for support
Reuters via Yahoo Finance· 12 months agoThe value of Chinese debt relief decreased by over 50% between 2021 and 2022, a report from Rhodium...
UPDATE 2-Ghana official creditors agree on restructuring date, key step to deal - sources
Reuters via Yahoo Finance· 5 months agoGhana's official creditors have agreed to restructure debts that were extended to the country up until December 2022, two sources told Reuters, with Accra closing in on a key step required to ...
US to Push for Transparency on Chinese Loans to African Nations
Bloomberg via Yahoo News· 2 years ago(Bloomberg) -- The US will push for more transparency around the terms of debt that African nations...
TIMELINE-Zambia's three-year debt restructuring takes step forward
Reuters via Yahoo Finance· 3 months agoZambia reached a debt restructuring deal-in-principle with its international bondholders on Monday, bringing the southern African country closed to finishing a complex process that has lasted ...