More than half of the world’s low-income countries are at high risk of debt distress or are already in it, and several have defaulted. But despite the world’s 20 largest economies having agreed in ...

LONDON, March 28 (Reuters) - Zambia's deal with bondholders this week suggests it will finally emerge from more than three years in default -- and become the first successful restructuring under the ...

Governments across Africa, Asia, and Latin America have been forced to cut spending on education, health care, and infrastructure to keep funds flowing to foreign creditors, undermining global ...

JOHANNESBURG, Nov 24 (Reuters) - The G20's leadership is heading away from the Global South just as debt problems in poorer countries threaten to flare again, testing whether the group's ambitions on ...

The sovereign-debt crisis is hitting Africa particularly hard and could lead to a lost decade of development. While the G20 has tried to ease the burden, its Common Framework has proven ineffective ...