Tag Archives: debt crisis

Washington, U.S. | Xinhua | Due to high debt and deficit levels, countries are “under severe financial stress,” and the debt crisis is expected to “continue to worsen” in 2022, World Bank Group President David Malpass said on Monday. Noting that debt is one of the two big problems facing global …

United Nations | Xinhua | UN Secretary-General Antonio Guterres on Monday highlighted three areas for immediate action to launch a recovery from COVID-19 that benefits all, including the most fragile states. First, he called for measures to mitigate the debt crisis in many countries. While investments must be scaled up and …