Michael Hudson and Radhika Desai on Dollar Imperialism
A deep dive on the development of the dollar system.
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A deep dive on the development of the dollar system.
China has invested billions in multiple African countries in order to expand its influence. But both sides have been quietly scaling back the relationship, as Africans resent one-sided deals and China fears defaults on debt.
COLOMBO, Feb. 21 (Xinhua) -- Sri Lanka cabinet of ministers has entrusted relevant ministries to determine which major projects in the country should be given p
Private foreign lenders might have to agree with less profitable terms compared to bilateral creditors if the country's debt restructuring request is met, Finance Minister Ken Ofori-Atta says.
Zambia needs reductions to the principal of its external debt, the country's president Hakainde Hichilema said on local radio Thursday, criticizing the "suicidal" interest rates set.