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How the Sri Lankan economy saw a downfall within four months? - With the start of the Covid-19 pandemic, the Sri Lankan economy had started showing its weaknesses. Wrong economic decisions just added to the woes.
BEIJING, March 25 (Xinhua) -- China outstanding foreign debt stood at about 2.75 trillion U.S. dollars at the end of 2021, data from the country forex regulator
Some Russian companies are finding it difficult to make their bond payments due to Western banks' nervousness about sanctions.
Russia’s Finance Ministry said it transferred a $117 million bond interest payment in an attempt to avoid a default on government debt but left it open if the money actually reached foreign investors by the deadline
There were fears that Moscow would default on its bond payments after having its assets frozen due to the invasion of Ukraine.