IMF warns of ‘wave of debt crises’ coming in Global South, with war, interest rate hikes, overvalued dollar

The IMF said a “wave of debt crises” may be coming in the Global South, and “the global economy is headed for stormy waters,“ due to war, rising US interest rates, and many currencies depreciating against the dollar. The post IMF warns of ‘wave of debt crises’ coming in Global South, with war, interes...