International records / CIA Reading Room

THE INTERNATIONAL ARENA IN 1986

to a more serious debt crisis than in 1982, and countries like Mexico and Nigeria will lead the way in expanding ... Argentina, Brazil, and Nigeria will avoid formal defaults but there will be a strong possibility ... of unilateral reductions in interest payments, following precedents set by Peru and Nigeria in limiting payments ... crisis than in 1982, and countries like Mexico and Nigeria will lead the way in expanding the Peruvian ... Leading debtors such as Mexico, Argentina, Brazil, and Nigeria will avoid formal defaults but there will ... and Nigeria in limiting payments to no more than …