(RNS) — The Vatican called for sweeping reforms to a global financial system it says punishes the poor and rewards the powerful. VATICAN CITY (RNS) — Some of the most provocative recent proposals ...
Opinion
The Business & Financial Times on MSNOpinion
Editorial: History’s debt and the challenge of collection
On Juneteenth – the 161st anniversary of American slavery ending – eighty nations stood at Osu Castle in Accra and endorsed the most comprehensive reparations declaration in history. The symbolism was ...
WASHINGTON (Reuters) -Top U.S. and Chinese officials joined a meeting on Wednesday of the Global Sovereign Debt Roundtable, where a key topic was the lack of transparency about commercial bank loans ...
Global debt has stabilized, though it remains at an elevated level, as a continued reduction in private-sector lending offset greater borrowing by governments. Total debt was little changed last year, ...
The world is facing myriad global challenges—including climate change, pandemics, and conflict. At the same time, many developing countries are dealing with shrinking growth prospects, weakening ...
Debt-for-development swaps, or debt swaps, can help countries address liquidity challenges while advancing sustainable development goals. They provide debt reduction and debt-service savings during ...
VATICAN CITY (RNS) — Some of the most provocative recent proposals challenging global inequality and international debt are not the work of Ivy League economics departments or Silicon Valley think ...
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