Libby George
Emerging Markets Correspondent at Reuters
Reuters emerging markets correspondent in London. Previously Lagos and D.C. Wisconsinite at heart. Pulitzer finalist. Covered energy, politics and now money.
Articles
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2 weeks ago |
ca.finance.yahoo.com | Libby George
LONDON (Reuters) - A British lawmaker has introduced a private member's bill that would set new rules around debt restructurings in a push to speed up negotiations for poor countries struggling with unsustainable debt. Bambos Charalambous, who introduced the bill late last year, said support from other members of parliament had grown since the UK and the United States slashed aid spending.
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2 weeks ago |
msn.com | Libby George
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
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2 weeks ago |
zawya.com | Karin Strohecker |Libby George
LONDON: Hard-currency debt issued by smaller, riskier, emerging markets suffered a sharp selloff on Monday, with yields across many of the bonds soaring into double digits, as U.S. President Donald Trump showed no signs of backing away from sweeping tariffs. The turmoil could exacerbate existing funding challenges in countries such as Angola, Gabon and Senegal.
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2 weeks ago |
uk.marketscreener.com | Karin Strohecker |Libby George
LONDON (Reuters) - Ethiopia's official creditors expect to finalise within months a draft debt restructuring that gives the government more time to pay but stops short of an outright haircut, the co-chair of the group told Reuters. The East African nation, which defaulted in December 2023, announced a preliminary agreement with its Official Creditor Committee (OCC) in March to restructure $8.4 billion in debt - a key step for it to emerge from sovereign default.
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2 weeks ago |
kfgo.com | Rae Wee |Karin Strohecker |Libby George
By Rae Wee, Karin Strohecker, Libby GeorgeSINGAPORE/LONDON (Reuters) -Emerging economies worldwide are bracing for sliding currencies and a possible deterioration of their sovereign credit after U.S. President Donald Trump’s tariffs brought levies on U.S. imports to their highest levels in 100 years. The worse-than-expected tariff blitz hits Asia — and some of the world’s poorest nations — the hardest.
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