More than half of the world’s low-income countries are at high risk of debt distress or are already in it, and several have defaulted. But despite the world’s 20 largest economies having agreed in ...

COVID-19 has laid bare a blatant double standard: the world’s wealthiest countries play by one set of rules and the world’s poorest countries by another. G20 governments have spent trillions to keep ...

By Libby George LONDON, June 24 (Reuters) - Reforms are needed to a core sovereign debt restructuring initiative for ...

The Common Framework, developed by the G-20 back in the fall of 2020, hasn’t provided a pathway toward the quick restoration of debt sustainability in obviously distressed cases. The need for ...

LONDON, June 20 (Reuters) - Cautious optimism in the developing world that wealthier countries and China had finally fixed the tortuous process of sovereign debt restructurings is fizzling again. Debt ...