Debt crunch looms for weaker economies with a wall of bond maturities ahead
(Fixes spelling in headline) By Jorgelina do Rosario WASHINGTON (Reuters) -A combination of sticky high interest rates and lacklustre global growth could push a number of emerging economies that are facing soaring refinancing needs into debt difficulties next year. Many weaker economies navigated the fallout from the COVID-19 pandemic and the war in Ukraine with financing aid from multilateral and bilateral lenders. But repayments on emerging markets’ high-yield international bonds […]