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Curated by Project Syndicate

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Sovereign finances survived the global recession, just barely in some cases, but now Puerto Rico and Venezuela are insolvent. While the reasons for their plight may differ, there are lessons common to all defaults that investors and citizens should heed.

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  1. bloomberg5_ Nardus EngelbrechtGallo ImagesGetty Images_wind farm africa

    Realizing Africa’s Sustainable Energy Future

    Michael R. Bloomberg & Damilola Ogunbiyi

    Without international support, including investment at scale, African countries will not be able to expand energy access to all and still reach their climate goals. The alternative – an increased reliance on coal – would have devastating consequences.

    urge the international community to step up its support for the continent’s green transition.
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