US EditionBiden, Kenyan leader urging global leaders to help lessen crushing debt on developing nations
- Kenyan President William Ruto and US President Joe Biden will urge major economies to alleviate the debt burden on developing countries.
- The leaders will introduce the Nairobi-Washington Vision to reduce financial barriers and provide debt relief to nations with high debt.
- They aim to encourage multilateral banks to offer more favorable financing terms as part of their efforts.
21 Articles
21 Articles
Biden and Kenyan President Ruto urge global leaders to help lessen developing nations’ crushing debt
By AAMER MADHANI and SEUNG MIN KIM Associated Press President Joe Biden is rolling out the red carpet for Kenyan President William Ruto with the first state visit to the United States by an African leader in more than 15 years. Ruto and his wife, Rachel Ruto, arrived at the White House on Thursday morning for a pomp-filled ceremony aimed at recognizing the growing importance of the U.S.-Kenya relationship. The leaders will later hold talks and a…
Biden and Kenyan President Ruto urge global leaders to help lessen developing nations' crushing debt
By AAMER MADHANI Associated Press WASHINGTON (AP) — President Joe Biden and Kenya’s William Ruto want economies around the globe to take action to reduce the enormous debt burden crushing many developing nations. Their call to action comes as Biden presses his argument to African nations that the U.S. can be a better partner than China, which has been deepening its presence on the continent. Biden and Ruto are calling on creditor nations to redu…
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