Search For "debt traps"
Zavo revolutionizes EMI Culture, rewards timely payments with prizes worth
Updated : 9 months ago IST
New Delhi [India], August 28: Zavo's India's largest community of EMI payers, today announced the launch of EMI Game--a competitive repayment league where borrowers are rewarded for timely payments with prizes worth up to ₹75 lakh.
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Laying the Foundation: Constructing a Debt-Free Future with SingleDebt
Updated : 1 year, 9 months ago IST
New Delhi [India], August 23: "The rapid expansion of digital or APP lending platforms has made access to credit easier than ever, but it also increases the risk of falling into debt traps if not managed wisely."
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India warns of unsustainable financing and its subsequent debt traps at UN
Updated : 2 years, 6 months ago IST
At a UN Security Council debate earlier this week, India warned that the international community should be vigilant towards the dangers of unsustainable financing which leads to a vicious cycle of debt traps.
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China's image declines due debt-trap policy, human rights issues
Updated : 3 years, 10 months ago IST
Kathmandu [Nepal]/Islamabad [Pakistan], July 26 (ANI): China's image as a preferred investor in Asia have suffered due to policies leading to debt traps along with the human rights situation in the country.
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Is Bangladesh next to fall in China's debt-trap diplomacy?
Updated : 3 years, 10 months ago IST
Dhaka [Bangladesh], July 4 (ANI): In a quest for rapid progress and development, Bangladesh is falling under the debt trap of China by sponsoring infrastructure projects.
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G7 Summit targets China's Belt and Road Initiative to curb its global infl
Updated : 3 years, 11 months ago IST
Beijing [China], June 29 (ANI): This year's G7 Summit held in Germany targeted China's Belt and Road Initiative (BRI) to confront its global influence.
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China's economic growth led to direct military aggression in Himalayas
Updated : 4 years ago IST
Beijing [China], May 7 (ANI): The economic growth story of China is unparalleled, however, it has led to direct military aggression and there is no better place to observe Chinese flexing than in the Himalayas.
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China accuses MI6 chief of pushing 'fake news' after comments that it targ
Updated : 4 years, 5 months ago IST
London [UK], December 3 (ANI): The Chinese embassy in the UK has targetted the head of Britain's secret intelligence service, accusing Richard Moore of "peddling fake news" after the MI6 chief claimed Beijing targets poor countries with "debt" and "data" traps, a media report said.
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China debt-traps nations with confidentiality clauses, says report
Updated : 4 years, 9 months ago IST
Beijing [China], August 25 (ANI): China, which is the world's largest creditor, is shockingly using confidentiality clauses barring borrowers from revealing terms and conditions of the engagement or even the existence of the debt itself.
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COVID-19 second wave has pushed vulnerable groups into debt traps, impacte
Updated : 4 years, 10 months ago IST
New Delhi [India], July 2 (ANI): Supriya Kar, a leader of Bijoyini collective of human trafficking survivors in West Bengal, has been forced to raise Rs 55,000 from six different sources to bring her brother back from Malaysia after he lost his job in the second wave of COVID-19.
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China's continues to boost leverage over vulnerable countries as part of i
Updated : 5 years ago IST
Beijing [China], May 4 (ANI): China is boosting its leverage over financially vulnerable countries and ensnaring some in sovereignty-eroding debt traps by extending loans with strings attached.
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Calls grow for alternative to China's BRI as Beijing suffers severe reputa
Updated : 5 years, 1 month ago IST
Beijing [China], April 7 (ANI): Despite Chinese President Xi Jinping's Belt and Road Initiative (BRI) touted as a 'win-win' step over 140 targeted countries across the globe, recipient countries have realised that Beijing's aid was not as much of a kind gesture as they had hoped, hitting Bei
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