Category: Economy>Debt
Bolivia Risks Debt Default Without New Funding, Says President
Bolivia, battling an economic crisis that has plunged it into social unrest, risks defaulting on its loan payments if it does not obtain new foreign financing, President Luis Arce told AFP on Wednesday. "We are trying not to default. We have ...
Developing Nations Face ‘Tidal Wave’ of China Debt: Report
The world's poorest nations face a "tidal wave of debt" as repayments to China hit record highs in 2025, an Australian think tank warned Tuesday in a new report. China's Belt and Road Initiative lending spree of the 2010s has paid ...