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74 countries are at risk of bankruptcy due to the pandemic

... Lankan authorities have declared a state of emergency, giving the military the opportunity to control the sale of rice and sugar at special prices. But this did not solve the problems of poor citizens. Ghana, Tunisia and El Salvador are also at risk of default. According to the Banksta telegram channel, the experience of cryptocurrency trading conducted by the President of El Salvador was unsuccessful. It is assumed that this could have caused $11 million in damage to the budget. Bitcoins purchased for $71 million are currently worth about $60 million. Experts note that servicing loans is becoming more expensive. Whereas in the first two years of the pandemic, financial regulators cut interest rates, having made borrowing cheap,...

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