Bangkok Post (September 2)
“Many developing countries are teetering on the edge of a debt crisis, with the Covid-19 pandemic, soaring food and energy costs, and the monetary tightening of major economies all threatening to push them over.” Lebanon, Sri Lanka and some other countries have already teetered. “As of the end of March, 38 of 69 low-income countries were either already in or at high risk of debt distress. Middle-income developing countries’ debt-service burden is at its highest level in 30 years.”
Tags: COVID-19, Debt crisis, Developing countries, Distress, Energy costs, Food, High-risk, Lebanon, Low income, Major economies, Middle-income, Monetary tightening, Pandemic, Soaring, Sri Lanka, Teetering, Threatening
Boston Globe (October 23)
In yet “another ominous virus sign,” confirmed new COVID-19 cases “in Massachusetts jumped by 986 Thursday—the highest count of new cases in nearly five months—as more than 20 percent of the state’s cities and towns were designated high-risk for the virus.”
