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I think African debtor nations will face a Depression if creditor nations (i.e. Britain, Qatar, and Israel) struggle, too. On the other hand, their relationship with Beijing and Chinese firms will become one of dependence rather than partnership.
Lebanon? Yemen? Syria? Venezuela? Libya? Three dozen nations in Africa? The world over, the IMF and World Bank have its work cut out for them. And it's hard to watch.
A comment on "60 Million People Will Fall into Extreme Poverty Due to Coronavirus According to World Bank" (D. Major).
"SM20 WEO Press Briefing_1" by International Monetary Fund. Licensed under CC BY-NC-ND 2.0.
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