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Week in Review: Debt, Arrests and Market Expansion

US Vice President Kamala Harris (R) holds a meeting with Zambia's President Hakainde Hichilema Zambia in the Eisenhower Executive Office Building, next to the White House, in Washington, DC on September 22, 2021. MANDEL NGAN / AFP

Zambian President Hakainde Hichilema will head to Washington soon to meet with officials from the IMF and World Bank in an effort to secure a new financing package. The Zambian leader spoke at the UN this week and met with U.S. Vice President Kamala Harris in New York.While President Hichilema contends that closing an IMF deal is critical to boosting investor confidence, he’s said little about how he plans to handle the estimated $3 billion of loans from various Chinese entities that remain a concern to both bondholders and IMF officials. (REUTERS)

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