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The Shanghai Cooperation Organisation meeting will address many issues, but top of the list should be the Belt and Road Initiative and debt. The initiative has drawn harsh criticism but also inspired the US and EU to launch their own infrastructure plans, injecting competition and new ideas.
Inflation in the Southeast Asian nation of Laos spiked to 30.1 percent on an annual basis last month according to the Lao Statistics Bureau.
The debt trap policy of China has affected the Sri Lankan economy as Colombo was declared bankrupt due to Beijing Belt and Road Initiative projects in the sou
Andy Vermaut:"Sri Lanka must lease their port of Hambanthota to China for 99 years. This is a China Debt Trap."
It's the wrong narrative. it should be a narrative that we are in a student loan debt crisis, similar to the housing loan crisis in 2008, we're all of those individuals were able to get out of that debt through bankruptcy in many cases, make it in the street, bailed out, individuals who intentionally created this trap, they are going to jail. now, we're asking these questions to individuals who went to school, did what they were supposed to do, and walked into this perpetual that. it is the wrong question. the right narrative, we should celebrate the success of this administration moving forwa...