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Developing Nations in Danger of Greek-style Debt Crises

Anti-austerity protests turned violent this week as Greece battles a debt crisis that has crippled the economy. Athens may be in the headlines, but campaigners say the potential is building for full-blown debt crises in many parts of the developing world. “There’s a huge boom in lending happening, especially in some of the most impoverished countries in the world," said Tim Jones of the Jubilee Debt Campaign, a movement advocating debt cancellation and alleviation of poverty....

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