Crisis and Bailout: The Tortuous Cycle Stalking Nations in Debt dnyuz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dnyuz.com Daily Mail and Mail on Sunday newspapers.
The governments of developing countries face a pressing problem: growing and, in many cases, unsustainable sovereign-debt loads. New York State law governs about half of the developing world’s sovereign-bond issues. New York legislation slated for 2024 could shape the restructuring framework that will decide how sovereign debt is managed.
This week in Washington IP news, even though Congress is not in session, there are still some interesting events taking place in Washington, DC. The Brookings Institution holds a talk on the state of the global economy, and the Hudson Institute hosts a conversation on China with a former national security advisor.
On July 31, experts and Brookings scholars will convene to discuss the findings and implications of the World Bank Group’s latest Global Economic Prospects report.