‘Crushing’ debt crisis spells development disaster for billions: UN chief

According to a 

by the UN Global Crisis Response Group, entitled A World of Debt, a total of 52 countries – almost 40 per cent of the developing world – are in “serious debt trouble”, Mr. Guterres said, backing calls for them to receive urgent fiscal relief.

Last year global public debt reached a record $92 trillion, of which developing countries shoulder 30 per cent – a “disproportionate amount”, the UN chief…