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Debt sentence

A record number of countries, all of them developing nations, are now at risk of economic collapse. Sri Lanka, Lebanon, Suriname and Zambia have defaulted on their debt while Belarus is close to default and at least a dozen other countries are in the danger zone. Rising borrowing costs, inflation and debt are all coming together to push several countries to the brink of economic ruin. According to Reuters, $400 … ....

Sri Lanka , Homi Kharas , Joelk Richards , International Monetary Fund , Brookings Institution , World Bank , Gross Domestic Product , Senior Fellow , East Asian Crisis , East Asian ,

USDA ERS - Economic Crises in Foreign Markets Reduce U.S. Agricultural Exports


Economic Crises in Foreign Markets Reduce U.S. Agricultural Exports
by William M. Liefert, Lorraine Mitchell, and Ralph Seeley
Highlights:
Economic crises in foreign markets reduce U.S. agricultural exports in several ways. An economic crisis will result in consumers earning a lower income in the affected countries, which leads to decreased demand for imported products. Additionally, a crisis can weaken the currencies of those countries against the U.S. dollar, making imports from the United States more expensive for their consumers.
During the world financial/economic crisis of 2008-09, agricultural imports from the United States by seven large foreign markets hit by the crisis (including Japan, China, the European Union, and Mexico) collectively fell in 2009 by 17 percent from $83 billion to $68 billion compared with 2008. ....

United States , Hong Kong , United Kingdom , South Korea , Paul Westcott , Mathew Shane , Lorraine Mitchell , William Edmondson , Nathan Childs , Suchada Langley , Karen Hamrick , Christine Bolling , David Torgerson , Williamm Liefert , Mitch Morehart , Ralph Seeley , John Dillard , International Monetary Fund , Economic Research Service Country , International Financial Crises , European Union , Economic Research Service , East Asian Crisis , Economic Crises Reduce , East Asian , Research Service ,