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January 14, 2010
On April 21 Nigeria took final steps to pay off about $30 billion in accumulated debt for about $12 billion-an overall discount of about 60 percent-using foreign reserves from soaring oil prices. Nigeria had racked up arrears during decades of military rule and the debt was seen as a major barrier t...
New from CGD
July 10, 2006
As leaders from the world's most powerful nations prepare to gather in St. Petersburg, Russia, this weekend, observers with even a modicum of memory could be forgiven for wondering whether the leaders suffer from Attention Deficit Disorder. After all, it was only one year ago that G-8 leaders met in...