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Tag: Debt crisis

Africa Ghana Malawi World 

Most countries at risk of climate disasters are in debt distress, research shows

Elwin Mandowa, , , , , , , , , ,
New research by humanitarian organisation, ActionAid International, has revealed a shocking 93% of countries at the forefront of climate disasters are drowning in debt. The organisation is calling for the most climate vulnerable countries to have their debts cancelled, along with a radical reform of the way global debt is managed, to stop this crisis. With countries forced to pay… Read More
Africa World 

Opinion: The world must not sleep-walk into another debt crisis

Village Reporter, , ,
Trade wars, protectionism, and nationalist rhetoric are combining to weave the possibility of a nightmare debt crisis that could be worse than any previously experienced. Global borrowing is now at the highest levels since the 1950s – and history suggests we should take this as a warning that a debt crisis could be looming. Were one to materialise, it could… Read More