The IMF has agreed $449 million of loans to the Republic of Congo over three years. In response to the debt crisis in the country, the IMF has made a restructuring of external debts a requirement of the loans, particularly on debts to China and to commodity traders Glencore and Trafigura.
Source: Eurodad As G20 leaders meet this weekend to debate the state of the global financial and economic system, there is no shortage of problems to discuss. For example, the world is facing a new wave of debt crises; continued large-scale corporate tax avoidance; and a desperate lack of funding for achieving the sustainable development…
On the occasion of the debt crisis in Greece and the adoption of the Memoranda, a series of measures were implemented with the excuse of “supporting the Greek economy”, which led to the complete deregulation of the labor market.
Photos and videos form the seminar organized by Debt Free