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Israeli environmentalist nominated for Nobel Peace Prize by more than a dozen countries forward.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forward.com Daily Mail and Mail on Sunday newspapers.
Pandemic-Compounded Debt Crisis Zambian President Edgar Lungu unveiled a 2020-2023 economic recovery plan on Thursday as the nation which is hugely dependent on copper whose price has been hit hard by the Covid-19 pandemic, has seen its external debt surge to nearly 12 billion USD this year. Lungu stated that the country would take a major stake in some mines as the government is locked in a protracted dispute with a Mumbai-based conglomerate Vedanta Resources over a subsidiary, Konkola Copper Mines (KCM) which is jointly owned with Zambia s state mining arm. The government last year placed KCM into liquidation. This move was contested by the majority shareholder Vedanta and led to legal proceedings. ....