Deepening crisis forces Ghana to backtrack on promises and restructure foreign debt
Amid a fragmenting political environment, Ghana has reversed previous promises and proposed a 30% “haircut” on foreign debt. The restructuring announcement came...
Debt Crisis
Failures across the ‘Belt and Road’ forced China to confront its first debt crisis as a creditor
The surge in lending to fund China’s Belt and Road Initiative has left Beijing with a list of risky debtors around the...
