Downgrade fears will deter countries from joining G20 debt relief framework World Bank – WHTC News

By Karin Strohecker LONDON (Reuters) – Fears of credit rating downgrades will deter the world’s poorest countries from taking advantage of debt relief being offered under the G20 common framework, World Bank chief economist Carmen Reinhart said. In November, the G20 group of major economies launched a framework designed to streamline a process to help…

Ukraine adds embezzlement case to PrivatBank dispute; ex-CEO… – Thomson Reuters Foundation

By Natalia Zinets KYIV, Feb 23 (Reuters) – Ukraine listed the former CEO of its largest bank and two other top former managers on Tuesday as suspects in an embezzlement case, the first criminal case opened in a long-running dispute over the bank whose nationalisation dominates domestic politics. The fate of PrivatBank has overshadowed Ukraine’s…