Paris Club creditors agree to cancel $1.4 billion of Somali debt

The Paris Club of creditor nations agreed on Tuesday to restructure Somalia's debt, including immediately canceling $1.4 billion owed by the impoverished Horn of Africa country.


from Reuters: World News https://reut.rs/3aA4hDk

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The Sunday Read: ‘What Does It Mean to Save a Neighborhood?’

By BY JACK D’ISIDORO, AARON ESPOSITO, JOHN WOO AND COREY SCHREPPEL from NYT Podcasts https://nyti.ms/3E5bF7T