BERLIN - I’ve been toiling on this article for weeks, altering it, agonizing, starting anew. Events are simply too complicated and bitter – in the world and in Germany, too. Most dreadfully in Ukraine. Just knowing that so many people are suffering so terribly is appalling.
Following Monday s announcement of the indefinite suspension of student visas, for Haitians, students were unaware of the scope of the Dominican government s measure.
ISO - International Organization for[ ] (via Public) / New Heads welcomed from ISO membership publicnow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from publicnow.com Daily Mail and Mail on Sunday newspapers.
Latin America and the Caribbean are facing a serious debt crisis
Part 4
In the previous three parts we have observed the evolution of the DCs’ external debt over the last twenty years. The first part shows a dramatic increase of indebtedness, which multiplied by 2.5 with a steep acceleration from 2008 onward. The second part highlights the main threats on the DCs’ external debt, among which the growing significance of bonds, the evolution of interest rates and the depreciation of their currencies against the US dollar. The third part examines the various factors that lure DCs into the debt trap: dependence on commodities, drop in foreign exchange reserves, inflating repayments, conjuncture of a multi-dimensional crisis aggravated by the Covid-19 pandemic, etc.
Latin America and the Caribbean are facing a serious debt crisis cadtm.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cadtm.org Daily Mail and Mail on Sunday newspapers.