Debt Woes Spread Across the Developing World

A.M. Edition for April 18. Developing countries borrowed heavily to finance their pandemic recovery, but rising interest rates are now making it more expensive for them to make debt payments. That is leading to concern that a number of countries could find themselves unable to service their loans. WSJ reporter Yuka Hayashi explains who is in trouble and how seriously the World Bank, IMF and foreign creditors take the risk of a global debt crisis. Luke Vargas hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices