World facing ‘5th wave’ of debt crisis: World Bank chief
The world is facing a “fifth wave of debt crisis,” World Bank President David Malpass warned Friday, calling for more support for countries in distress. The pandemic forced many countries to take on more borrowing, and the World Bank and International Monetary Fund have warned that many are already facing or at risk of debt … Continue reading World facing ‘5th wave’ of debt crisis: World Bank chief
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