debt default

August 14, 2014
Dan Beeton

When a billionaire can hold a country hostage, debt “default” takes on new meaning.

September 22, 2012
Belize, like much of the Caribbean, is trapped between high debt and a foreign economic environment hostile to the implementation of progressive economic reforms. On September 21, Belize won a 60 day reprieve after a partial debt payment of $11.7 million, which avoided their descent into a full blown default.
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