Related Posts

Fitch Ratings Dismisses China’s Calls for Multilateral Development Banks to Take Losses on Loans to Poor Countries

One of the world's most important credit ratings agencies, Fitch Ratings, warned investors that China's demands for multilateral creditors to take losses on their loans to developing countries would undermine their all-important credit rating, but added there's not much to worry about since Beijing remains isolated on ...

The Global Ratings Agency Fitch Issued a New Note on Private Sector Debt and It’s Not Good News for Poor Countries

Poor countries, including many in Africa, are increasingly in a debt trap... not to the Chinese but private creditors. One of the world's big three credit ratings agencies, Fitch Ratings, issued a new report on Friday that clearly states if a country seeks any kind of debt ...

It’s Time We Have an Honest Discussion About African Debt Relief

There's a huge disconnect between the debt relief discussion currently taking place on many webinars hosted by academics and analysts, and the reality of what's actually happening. We're now five months into this crisis and one thing is clear: bondholders, pension ...