Current:Home > StocksWhy a debt tsunami is coming for the global economy -OceanicInvest
Why a debt tsunami is coming for the global economy
View
Date:2025-04-13 03:27:05
Low-income countries that borrowed a lot of money during the pandemic are now struggling with debt payments that threaten to overwhelm their economies. The International Monetary Fund is ringing the alarm bell that a debt crisis could devastate these countries and harm their most vulnerable populations.
Today on the show, we talk to a leader at the IMF about how so many countries got into debt trouble and what the IMF is trying to help.
Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
veryGood! (7845)
Related
- $73.5M beach replenishment project starts in January at Jersey Shore
- Airstrikes over eastern Syria near Iraqi border kills six Iran-backed militants
- 11 books to look forward to in 2024
- More than 100 anglers rescued from an ice chunk that broke free on a Minnesota river
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- The Color Purple premieres with sold-out showings in Harlem
- Cher asks Los Angeles court to give her control over adult son's finances
- Afghan refugee in Oregon training flight crash that killed 3 ignored instructor’s advice, NTSB says
- Louvre will undergo expansion and restoration project, Macron says
- A 17-year-old foreign exchange student is missing in Utah; Chinese parents get ransom note
Ranking
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- AP PHOTOS: In Romania, hundreds dance in bear skins for festive ‘dancing bear festival’
- White House says meeting with Mexican president was productive, amid record migrant crossings
- Mexico and Venezuela restart repatriation flights amid pressure to curb soaring migration to U.S.
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Maine secretary of state who opted to keep Trump off primary ballot is facing threat of impeachment
- US citizen inspired by Hamas sought to wage jihad against ‘No. 1 enemy’ America, prosecutors say
- Boeing urges airlines to check its 737 Max jets for loose bolts
Recommendation
Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
Some Americans are getting a second Social Security check today. Here's why.
Israel pounds central and southern Gaza after widening its offensive
A 17-year-old foreign exchange student is missing in Utah; Chinese parents get ransom note
How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
Revelers set to pack into Times Square for annual New Year’s Eve ball drop
Mexico and Venezuela restart repatriation flights amid pressure to curb soaring migration to U.S.
11 books to look forward to in 2024