Ukraine War Deepens Debt Woes Across Developing World

The conflict in Ukraine is making it more durable for a lot of emerging-market governments to make debt funds to international collectors, fueling issues of potential crises that might shake markets and weaken the worldwide financial restoration.

Many of those nations collected mountains of debt in the course of the previous decade whereas inflation and rates of interest have been low and prior to now two years when Covid-19-related prices have been climbing.

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