fixed cyberghost's "meme" by Infectoid in c/memes@lemmy.ml

[-] Infectoid@beehaw.org 5 points 1 year ago

What’d I miss?

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Rich countries ‘trap’ poor nations into relying on fossil fuels by Infectoid in c/climate@slrpnk.net

[-] Infectoid@beehaw.org 8 points 1 year ago

I don’t really understand it properly but it seems that the debt repayment is pegged to future fossil fuel revenue.

Mozambique was plunged into a debt crisis when oil and gas prices fell in 2014-16, Ribeiro said, but the solutions from international lenders to bail out the country have relied on loans being repaid through future gas revenues.

So I guess they can’t not repay the debt and they can only pay it back one way.

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Media Discovery without Ads by Infectoid in c/australia@aussie.zone

[-] Infectoid@beehaw.org 2 points 1 year ago

Did this with Sam Esmail. Have not been disappointed.

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Infectoid

joined 1 year ago