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US, China Exploring New Debt Relief Options to Avoid Wave of Emerging-Market Defaults

(Bloomberg) -- The US and China are discussing new measures to prevent a wave of emerging market sovereign defaults, according to people familiar with the situation, one of the most significant attempts in years at economic cooperation between the rival superpowers.Most Read from BloombergNvidia Rises Most in About Nine Months as AI Drives SalesStocks Rally as AI Craze Sweeps Across the World: Markets WrapT-Bills Without Tax Bills? This Fund Says It Cracked the CodeAT&T Outage Triggered by ...
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Source: yahoo.com

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