The chapter delves into Ukraine's looming debt repayment crisis as creditors are poised to demand payments after a freeze period. It explores the complexities of Ukraine's debt to private creditors, amounting to around $20 billion, and the ongoing negotiation process with differing proposals for debt reduction. The episode also discusses the challenges of restructuring loans amidst the country's state of war and the crucial role of Western military support in the economic analysis of conflict-ridden nations.
Masoud Pezeshkian rode to victory on a promise of reforms that Iran’s people seem desperately to want. Will the former heart surgeon be permitted to carry them out? Ukraine has been getting a wartime pass on servicing its debts, but its creditors will soon come knocking (10:05). And why thousands of plutocrats are moving to Dubai (17:00).
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