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By Rachel Savage and Karin Strohecker JOHANNESBURG/LONDON (Reuters) -Zambia suffered a major setback in its debt restructuring efforts after the gover...

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Rest of World News: Representatives of 14 western creditor nations, grouped in the Paris Club, were in Cuba this week to salvage a debt agreement with the import dependen

Representatives of 14 western creditor nations, grouped in the Paris Club, were in Cuba this week to salvage a debt agreement with the import dependent country which is expected to default on payments for a fourth consecutive year. “The discussions enabled us to come closer to finding a solution to delays in meeting (Cuba’s) obligations ... negotiations will continue to establish a new payment plan agreeable to both sides,” a brief statement released on Thursday evening said. William Roos, co-chairman of the Paris Club, had said on Wednesday that he proposed a plan which...

By Marc Frank and Nelson Acosta HAVANA (Reuters) - Representatives of 14 western creditor nations, grouped in the Paris Club, were in Cuba this week to ...