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April 8, 2023
As Pakistan continues to struggle economically, a report by the prominent Washington-based think tank, United States Institute of Peace (USIP), said that the cash-strapped country needs to repay a whopping $77.5 billion in external debt from April 2023 to June 2026. The report published on Thursday (April 6) also warned that Islamabad could face “disruptive effects” if it ultimately defaults.
March 27, 2023
Lusaka - Zambia: • The West and USA underestimate the depth of Zambia-China relationship, and any attempts at decoupling Zambia from China will be futile as
March 17, 2023
India, under its Neighbourhood First policy, has always come forward to help debt-ridden Sri Lanka, and in the latest instance, New Delhi distributed the ration in Kalmunai, the Indian High Commission in Colombo said.
September 2, 2022
The International Monetary Fund (IMF) has approved a US$1.3 billion loan to debt-ridden Zambia to help it restore fiscal stability while urging the country to battle corruption.In...
September 1, 2022
The International Monetary Fund (IMF) has approved a US$1.3 billion loan to debt-ridden Zambia to help it restore fiscal stability while urging the country to battle corruption.In...
August 8, 2022
Two Chinese developers have secured support from state-owned shareholders or financial institutions to ease their debt burden, in the latest sign that Beijing is stepping in to bail out China’s embattled property sector.
June 30, 2022
The International Monetary Fund (IMF) on Thursday reaffirmed its support to Sri Lanka which continues to face a deep economic crisis.
May 26, 2022
A debt-laden woman from Mehrauli was arrested in Agra after she staged her own kidnapping. She was staying in a hotel in Agra and using a voice-changing application to ask her family for ransom.
February 26, 2022
“My health is now much better, and I am very motivated to improve my financial condition," Farooq Piyara Masih said.
January 13, 2022
The roll-out of the much-delayed SUV bookmarked more than a year of anxious wait for Evergrande’s shareholders, who poured HK$30 billion (US$3.85 billion) into the company to fund founder Hui Ka-yan’s aspiration to “beat Tesla” in the world’s largest market for electric cars.