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June 23, 2023
LONDON (Reuters) -Zambia on Thursday confirmed it had agreed a debt restructuring deal with its official creditors, adding it would now seek a quick a...
June 23, 2023
(Bloomberg) -- US Treasury Secretary Janet Yellen said at a summit in Paris that she was encouraged by China’s role in addressing debt challenges facing developing countries after a restructuring agreement in principle was reached for Zambia.Most Read from BloombergTitanic Sub Crew Dead After Vessel’s Catastrophic ImplosionThese Are the World’s Most (and Least) Liveable Cities in 2023US Navy Detected Titanic Submersible’s Implosion Days AgoFive-Star Hotel Guest Leaves...
June 23, 2023
(Bloomberg) -- Zambia reached an agreement in principle to restructure $6.3 billion of debt with bilateral lenders, setting a precedent for a growing list of countries struggling to service their liabilities.Most Read from BloombergTitanic Sub Crew Dead After Vessel’s Catastrophic ImplosionThese Are the World’s Most (and Least) Liveable Cities in 2023Debris Found Near Titanic Wreck in Search for Missing VesselTitanic Sub Search Chases Mystery Noises as Air Runs LowYellen Sees Lower...
June 23, 2023
On Twitter, Zambian President Hakainde Hichilema called the agreement a significant milestone in our journey towards economic recovery and growth.
June 23, 2023
The French president is hosting world leaders to discuss new ways to raise climate financing.
June 23, 2023
(Bloomberg) -- Bonds of developing nations in debt distress gained on Friday in a broad relief rally sparked by Zambia’s precedent-setting deal with bilateral creditors.Most Read from BloombergTitanic Sub Crew Dead After Vessel’s Catastrophic ImplosionUS Navy Detected Titanic Submersible’s Implosion Days AgoThese Are the World’s Most (and Least) Liveable Cities in 2023Five-Star Hotel Guest Leaves Without Paying After 603-Night StayThe Big Names That Got Backstop for B...
June 23, 2023
New Age, a Dhaka-based leading English language daily newspaper, is a major source of news of Bangladesh and international affairs
June 22, 2023
China's Premier Li Qiang and dozens of world leaders will meet in Paris on Thursday and Friday to discuss ways to help low-income countries manage their debt burdens and free up funding for climate financing.
June 22, 2023
China's Premier Li Qiang and dozens of world leaders will meet in Paris on Thursday and Friday to discuss ways to help low-income countries manage their debt burdens and free up funding for climate financing.
June 22, 2023
June 22 (Reuters) - Chinas Premier Li Qiang and dozens of world leaders will meet in Paris on Thursday and Friday to discuss ways to help low-income countries manage their debt burdens and free up funding for climate financi...