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3232Casting Stones From a Glass House: Yellen’s Comments on Zambia’s Debt Restructuring Draw Criticism From Chinese Embassy
https://www.digit.info/casting-stones-from-a-glass-house-yellens-comments-on-zambias-debt-restructuring-draw-criticism-from-chinese-embassy/
Tue, 24 Jan 2023 22:30:37 +0000https://www.digit.info/2023/01/24/casting-stones-from-a-glass-house-yellens-comments-on-zambias-debt-restructuring-draw-criticism-from-chinese-embassy/Read more]]>The Chinese embassy in Zambia denounced the United States over its debt limit and the “extraordinary measures” Treasury secretary Janet Yellen has implemented to stave off a U.S. debt default. Yellen said on Monday that it was very important that Zambia restructure its debt, but Zambia sees it differently. The embassy castigated Yellen’s comments in […]
]]>Ghana Ranked as Country With Second-Highest Debt Default Risk Globally
https://www.digit.info/ghana-ranked-as-country-with-second-highest-debt-default-risk-globally/
Thu, 21 Jul 2022 07:00:13 +0000https://www.digit.info/2022/07/21/ghana-ranked-as-country-with-second-highest-debt-default-risk-globally/Read more]]>According to Visual Capitalist, Ghana is now placed second on its list of countries with the highest default risk in 2022. Only four countries, namely, Ukraine 10,856 basis points (bps), Argentina (4,470), El Salvador (3,376), and Ethiopia (3,035) have a credit default swap spread that is higher than Ghana’s at 2,071 bps. El Salvador Has […]
The Chinese embassy in Zambia denounced the United States over its debt limit and the “extraordinary measures” Treasury secretary Janet Yellen has implemented to stave off a U.S. debt default. Yellen said on Monday that it was very important that Zambia restructure its debt, but Zambia sees it differently. The embassy castigated Yellen’s comments in […]
According to Visual Capitalist, Ghana is now placed second on its list of countries with the highest default risk in 2022. Only four countries, namely, Ukraine 10,856 basis points (bps), Argentina (4,470), El Salvador (3,376), and Ethiopia (3,035) have a credit default swap spread that is higher than Ghana’s at 2,071 bps. El Salvador Has […]