Investors’ growing aversion to risk is leading to a general withdrawal of finance from many Southern countries.
Debt
Finance
News
Preventing private sector debt crises
In addition to extending the IMF’s role, its governors have been examining measures to prevent future financial sector crises.
Finance
News
Loan costs set to rise
Borrowers from the International Bank for Reconstruction and Development (IBRD), the main World Bank lending arm, may have to pay higher charges for their loans in the future.
Finance
News
J2000 mobilise 70,000
An estimated 70,000 people demonstrated in Birmingham to call on G8 leaders to cancel poor countries’ unpayable debts.
Finance
News
Nicaraguan civil society fears delay in debt process
Nicaraguan civil society organisations (CSOs) fear Nicaragua will not qualify for the HIPC Debt Initiative before the population has suffered further.