news Project Syndicate 2026-07-24

West Africa Needs 'Draghi Moment' Amid Debt Crisis

Senegal's debt crisis highlights vulnerabilities in West Africa's monetary union, where member nations lack devaluation options. Countries must pursue internal adjustment or boost exports to manage debt and secure foreign currency.

Support Your Local Toad

The Pesky Toad is free and ad-light. If you find it useful, toss a few pesos in the tip jar to help keep the servers running and the satire flowing.

$

MXN · Minimum $10