that commercial banks and bondholders account for more debt repayments than multilateral institutions or other governments.
“Every dollar spent on servicing debt means a dollar less towards healthcare, the education of women and girls and tackling climate change,” said Sarah Champion, chair of the International Development Committee, in a statement. “It is time for a reset.” The International Monetary Fund and the World Bank have both expressed support for such legislative steps. And last month, BlackRock Inc. and Standard Chartered Plc took part in closed-door talks co-led by the IMF focused on fixing bottlenecks that prevent quick sovereign debt restructuring.
The rise of private lending to poorer nations has led to an increase in debt-servicing costs and more complex debt restructurings. World Bank data indicate that the poorest countries now spend more on servicing their debt as a proportion of gross national income than at any point in the past three decades.
“Without sustained and effective intervention by the international community to tackle their debt distress, the development impacts of spiralling debt could have a catastrophic impact” on poor countries, the legislators said in a statement.
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Business Maverick: UK companies curtail hiring as economic outlook turns gloomyPermanent hiring activity by UK firms fell for the fifth consecutive month in February as economic gloom weighed on recruitment, a key survey found. Behind every successful person there's always a helper CowdenBNB is the person behind my success story she helped me earn R200,000. thanks for restoring my hope once again CowdenBNB UK Gayrope people don't like work. It's also a charity state.
ソース: dailymaverick - 🏆 3. / 84 続きを読む »
Business Maverick: Biden administration backs new TikTok bill, wants swift passageThe White House endorsed a bipartisan bill that could give the president authority to ban or force a sale of TikTok, support that could hasten passage and break a deadlock over how to address privacy concerns around the popular Chinese-owned app. Well if you want the Chinese communist party knowing everything about you and having unprecedented power to influence your society thru social engineering, then by all means, carry on! If not, ban the motherfucker now!
ソース: dailymaverick - 🏆 3. / 84 続きを読む »
BUSINESS MAVERICK: Ayo warns shareholders that PIC case could materially affect share priceMore than five years later, the Public Investment Corporation is still trying to recover a R4.3-billion investment in Ayo Technology, alleging due process was not followed and Ayo apparently misrepresented key information. The case began in the Western Cape High Court on Tuesday. Iqbal and his skelm cabal already ate that money. They must just ask nicer. The comrade will feel sorry, and then give it back. And won't see a Cent. Indians and blacks. Never see a Cent.
ソース: dailymaverick - 🏆 3. / 84 続きを読む »
Business Maverick: Momentum Metropolitan results promise true momentum for investorsMomentum Metropolitan Holdings’ dividend payment and share buyback programme could be attractive to income-seeking investors.
ソース: dailymaverick - 🏆 3. / 84 続きを読む »
Business Maverick: Powell Says ‘No Decision’ Has Been Made on Speeding Up Pace of Rate HikesFederal Reserve Chair Jerome Powell stressed that policymakers had not yet made up their minds on the size of their interest-rate increase later this month and said it would hinge on incoming data on jobs and inflation.
ソース: dailymaverick - 🏆 3. / 84 続きを読む »
Business Maverick: Fox’s Murdoch Gave Kushner Sneak Peak at Biden Campaign AdFox Corp. Chairman Rupert Murdoch agreed in a deposition that he gave Donald Trump’s son-in-law and senior advisor Jared Kushner a preview in 2020 of a Joe Biden campaign ad, the latest sign of unusually close ties between the network and the former president.
ソース: dailymaverick - 🏆 3. / 84 続きを読む »