The big finance firms that own the debts of five countries in a debt crisis are set to collectively make $20-$30 billion of profit if they refuse to cancel debt payments and instead are paid in full, according to new research by Debt Justice.[1] The calculations are based on the current market price of debts of Ethiopia, Ghana, Sri Lanka, Suriname and Zambia. These five countries are trying to negotiate a reduction in their debts, but none have yet been successful. Ethiopia, Suriname and Zambia have been negotiating with their creditors for over two years, Sri Lanka for one year and Ghana since the end of 2022. Read More