Economist Nouriel Roubini has warned about an impending economic crisis in the global economy that policymakers will likely not be able to handle. Following the explosion of leverage, borrowing, and deficits in recent decades, the world economy is now moving towards an “unprecedented confluence” of financial, debt, and economic crises, Roubini warned in a Dec….

DAKAR—The terms of China’s loan deals with developing countries are unusually secretive and require borrowers to prioritize repayment of Chinese state-owned banks ahead of other creditors, a study of a cache of such contracts showed on Wednesday. The dataset—compiled over three years by AidData, a U.S. research lab at the College of William & Mary—comprises…