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No China, no deal: Bid to break sovereign debt logjams gets weary thumbs up - Adaderana Biz English - Vimarsana News

No China, no deal: Bid to break sovereign debt logjams gets weary thumbs up - Adaderana Biz English

Reuters – The latest bid by the world’s leading institutions and creditors to speed up debt restructurings and get bankrupt countries back on their feet has been greeted by a mix of cautious optimism and weary scepticism by veteran crisis watchers. Standoffs between major Western-backed lenders like the International Monetary Fund (IMF) and the world’s...