New borrowers' platform

- A UN-backed "Borrowers' Platform" chaired by Egypt's finance minister will give indebted countries a coordinated voice in debt talks. - Africa's rising debt burden and sharply higher borrowing costs triggered the push for collective negotiation leverage at the Washington meetings. - The platform won't solve insolvency, but it could make fragmented creditor workouts harder to manage, per meeting coverage (france.news-pravda.com)