Ethiopia shifts from commercial to concessional loans on foreign debts http://newsfeed.facilit8.network/TNy4QR #Ethiopia #DebtRelief #ConcessionalLoans #ForeignDebt #EconomicPolicy
Uzbekistan’s Foreign Debt Climbs to $64.1 Billion in 2024 - The Times Of Central Asia

Uzbekistan’s total external debt rose to $64.1 billion in 2024, accounting for 55.7% of the country’s gross domestic product (GDP), according to a new report

The Times Of Central Asia
BoT ought to revise #exchangerate #policy
"BoT bought up $5.8b in July, $6b in Aug, & $2.6b in 1H Sept.. danger of this is foreign #speculators wld be loaded w #Thai baht #BoT used to purchase $s fr.. Some 17% of 🇹🇭 #exports go to US & 12% go to PRC.. BoT might be better off focus'g on these 2 currencies iso stabilising NEER & REER. Thai banks had $31b & Thai corps had $123b in #foreigndebt.. equiv to 64% of 🇹🇭gross intl reserve. Tt is a threat to #Thailand's LT #stability"
https://www.bangkokpost.com/opinion/opinion/2872367/bot-ought-to-revise-exchange-rate-policy
BoT ought to revise exchange rate policy

This is not the usual time slot for my article. My articles are usually published every other Thursday. The next one was for Oct 3. However, I feel that the

https://www.bangkokpost.com

@shrugdealer

holy. fucking. crap. 🤯

Just a reminder: This was initiated under the government of Porfirio Lobo Sosa, who came into power by a military coup against president Manuel Zelaya.

Although some of the tools seem new, It's the old story of US-backed military coups* wrecking countries also in the long term (in other cases the mechanism is military expenditure leading to foreign debt leading to World Bank-prescripted austerity measures).

* Europe or any other imperialists aren't much different. But it's *really* often the US...

#ForeignDebt #Honduras #LatAm #NeoColonialism #PrósperaZEDE #TradeAgreements #FreeTrade #CharterCities #PorfirioLobo

Egypt's foreign #debt climbs by $3.5 billion in Q4 2023, reaching $168.0 billion. The increase reflects the country's efforts to fund development projects and stabilize its #economy. #Egypt #foreigndebt
Trump Owed Hidden Debt While In Office

Donald Trump’s business attracted so much scrutiny during his time in office that it would be easy to conclude that all information about its foreign entanglements must be out by now. It is not.

Forbes