Chinese loans will not solve external debt problems of Belarus
Belarus and China have reached several loan agreements totalling USD 3.5 billion altogether. Chinese companies will receive the bulk of this amount for supplying equipment and services. Even though thanks to the loans Belarus will implement several …
Read more on BelarusInFocus.info

What Others Say: No role for U.S. in Greek debt crisis (Pittsburgh Post-Gazette)
The United States has so far stayed out of the Greek debt crisis, but it now appears to be changing course, flirting with a Cold War-style ploy by pushing a pipeline project to steer Greece from Russian influence. Greece has been in financial …
Read more on Online Athens

Debt-Choked Puerto Rico at Fiscal Brink as Bond Buyers Pull Back
Puerto Ricans across the political spectrum are alarmed at the scale of the crisis, Rafael “Tatito” Hernandez, chair of the House Treasury Committee, said during a May 6 interview at the Capitol. Every mayor on the island will face angry constituents …
Read more on Bloomberg

China's debt denouement
In effect, instead of resolving the debt problems, the Chinese government will oversee a process of supporting over-indebted borrowers and the banking system. As in a shell game, bad debts will be shuffled from entity to entity, delaying the …
Read more on The Monthly (subscription) (blog)

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