Finance debt

Black Americans Deserve Loan Discount (Letter)

For the publisher: Would canceling student debt promote racial equity? well described the challenges that massive student debt poses to the economy and recent proposals to write off that debt, highlighting the disparity in student loan burdens by race and the role of structural racism in creating and perpetuating these …

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China cut lending to Africa in 2019 as debt fears rise

China’s loans to African countries declined dramatically before the pandemic hit, according to New research, suggesting that lenders have worried about the sustainability of rising debt levels on the continent. Chinese loans to African public sector borrowers hit $ 28 billion five years ago, but have since fallen to just …

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