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Articles sur Borrowing

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Students pulling a heavy ball representing the total outstanding student debt in the U.S. at over $1.5 trillion. PAUL J. RICHARDS/AFP via Getty Images

The morality of canceling student debt

President-elect Joe Biden promised to forgive some part of student debt. An ethicist considers what’s fair.
South Africa’s finance minister Tito Mboweni says the IMF loan will limit the country’s economic vulnerabilities which have been exacerbated by COVID-19. Gallo Images/Brenton Geach

The IMF’s $4bn loan for South Africa: the pros, cons and potential pitfalls

The IMF loan does not impose any conditions over and above what is in South African law on how the funds can be used; it only seems to expect the country to implement policies already announced.

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