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The world's poorest countries buckle under $3.5trn in debt

A debt crisis is brewing across the developing world as a decade of borrowing catches up with the world’s poorest countries.

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The world's poorest countries buckle under $3.5 trillion in debt | Ezra Fieser & Yinka Ibukun

At Manhattan’s luxe Pierre hotel on a late September morning, Adebayo Olawale Edun, the finance minister of Nigeria, tried to soothe the jitters of Wall Street bankers. Over croissants and fresh-squeezed orange juice, he pledged that his country would cut spending and collect more in taxes to make the crushing…

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The World's Poorest Countries Buckle Under $3.5 Trillion in Debt

The World's Poorest Countries Buckle Under $3.5 Trillion in Debt
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