Three-fifths of the world's lowest income countries are debt distressed and in danger of default. Navid Hanif, assistant secretary-general for economic development at the United Nations, tells GZERO's Tony Maciulis that we need to make debt more sustainable by restructuring it and that multilateral development banks, such as the World Bank, should offer affordable longer-term loans with lower interest rates to allow least developed countries better opportunities to deal with crises like climate change, poverty, and educating children.
On Wednesday, Ukraine’s President Volodymyr Zelensky addressed a joint session of Congress. Jon Lieber, Eurasia Group’s lead US political analyst, reflects on the likely impact of Zelensky's impassioned plea.
One of China's top property developers is about to default, with potentially catastrophic consequences for the economy. What'll the country's all-powerful leader do about it?