Search For "debt"
Africa in desperate need for alternatives to tackle China's debts
Updated : 3 years, 4 months ago IST
As the global economy is moving towards recession, African countries, where China has leveraged lopsided loans for geopolitical gain, are in debt distress and need alternatives fast.
Read More
China to push hard on its bargain on debt matters with Pakistan
Updated : 3 years, 4 months ago IST
China will push hard on its bargain on Pakistan's demand for rescheduling of its debt, reported Inside Over.
Read More
African countries trapped in debt circle as China applies brakes in lendin
Updated : 3 years, 4 months ago IST
African countries feel that they have been trapped in Beijing's debt circle after China showed reluctance in lending financial support to them and diplomatic analysts described this move as a disturbing trend.
Read More
Quest for development pushes developing nations to China's debt trap
Updated : 3 years, 4 months ago IST
Developing countries are moving toward China's debt trap and Daily Times, a Pakistani newspaper, is suggesting Pakistan that necessary measures may be taken to avoid Islamabad going Colombo's way
Read More
Xi's re-election as General Secretary of CCP might witness a world worse t
Updated : 3 years, 4 months ago IST
It is predicted that Chinese premier Xi Jinping's re-election as the General Secretary of the Chinese Communist Party (CCP) and the head of the state for the next five years will witness more hard-lined policies with regard to the economy, foreign relations, human rights and public dissent.
Read More
Pakistan's economy headed for a Sri Lanka-like crisis
Updated : 3 years, 4 months ago IST
Pakistan has a large amount of debt, high inflation, a spike in unemployment and a lot of other macroeconomic problems which clearly show the multiple challenges faced by the country.
Read More
Pakistan's risk of default spikes to 13-year high of 52.8 per cent
Updated : 3 years, 5 months ago IST
Following the global rating agencies Moody's and Fitch downgrading Pakistan's credit rating in recent weeks, Islamabad's risk of default spiked to a 13-year high of 52.8 per cent.
Read More
Experts draw lessons learned from Sri Lanka's economic crisis
Updated : 3 years, 5 months ago IST
Focusing on deep-rooted, long-term economic vulnerabilities that led to sovereign default in Sri Lanka - the first time in the country's history - Umesh Moramudali, a Lecturer at the University of Colombo and Researcher on Public Debt & Development, pondered why Sri Lanka had come to thi
Read More
Pakistan requests China to roll over its USD 6.3 billion debt
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], October 23 (ANI): Pakistan on Saturday requested its all-weather ally China to roll over its USD 6.3 billion debt amid a slump in its economy due to devastating floods.
Read More
China may seize Kenyan asset amid mounting debts
Updated : 3 years, 5 months ago IST
Nairobi [Kenya], October 22 (ANI): Accumulated Chinese loans pushed Kenya near default and Beijing may seize Kenyan assets if it could not pay its debts.
Read More
US: Court pauses Biden's student loan forgiveness plan
Updated : 3 years, 5 months ago IST
Washington [US], October 22 (ANI): US' federal appeals court on Friday issued an administrative stay, temporarily blocking President Joe Biden's student loan forgiveness program.
Read More
During visit to China, Shehbaz to seek new investments, debt rescheduling
Updated : 3 years, 5 months ago IST
Beijing [China], October 22 (ANI): Pakistani Prime Minister Shehbaz Sharif's agenda for his maiden visit to China in November is to seek new investments worth billions of dollars and urge Beijing for rescheduling its debt, media reports said.
Read More