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Long delays in Zambia's debt restructuring have hamstrung much needed investments, curtailed economic growth, weighed on local financial markets and added to living costs for its people, Finance... -November 24, 2023 at 05:21 am EST - MarketScreener
The collapse of Zambia's $3 billion bond rework deal this week is reverberating well beyond the country's borders, raising doubts about the very framework designed to get bankrupt nations back on... -November 24, 2023 at 08:50 am EST - MarketScreener
From Zimbabwe's capital Harare to Quito in Ecuador, green bills circulating on the streets and in shops with images of U.S. presidents reflect a big choice that has been made: picking the dollar over...
Turkey's central bank delivered a larger-than-expected 500 basis point interest rate hike on Thursday, lifting its benchmark to 40% but also flagging that the pace of monetary tightening was set... -November 23, 2023 at 07:06 am EST - MarketScreener
ANKARA -Turkey's central bank raised its policy rate by a larger-than-expected 500 basis points to 40% on Thursday and said the pace of monetary tightening would slow as the rate approached its peak....