What does Zambia’s debt impasse mean for other distressed African countries?
www.scmp.com
Bilateral creditors such as China shoulder much of the burden and want bondholders to take a bigger hit, but the dispute could put other restructures on the continent in jeopardy, observers say.
  • zerfuffle@lemmy.ml
    5·
    11 months ago

    The IMF wants to protect private investors at the cost of country-scale investors. Once again, fuck the IMF.