Search For "debt"
Sri Lankan President presents Interim Budget, says talks with IMF in final
Updated : 3 years, 7 months ago IST
Colombo [Sri Lanka], August 30 (ANI): To provide relief to the Island nation amid the unprecedented economic crisis, Sri Lankan President Ranil Wickremesinghe on Tuesday presented the Interim Budget and said that the talks with International Monetary Fund is in final stage.
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Xi's hazy call for 'favourable image' of China to replace 'wolf warrior di
Updated : 3 years, 7 months ago IST
Beijing [China], August 29 (ANI): The "wolf warrior diplomacy" of Chinese authorities has dented China's global image and strained its ties with European and Asian nations alike, said the Policy Research Group (POREG).
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China's debt trap diplomacy causes global alarm over Belt and Road Initiat
Updated : 3 years, 7 months ago IST
Beijing [China], August 29 (ANI): Chinese investment under Belt and Road Initiative (BRI) across the world is causing alarm among the beneficiaries, as China's debt-diplomacy only reaps profits to Beijing while countries are pushed towards an economic crisis.
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China ducks Lanka's debt restructuring requests, makes sneaky UNHRC exit
Updated : 3 years, 7 months ago IST
Beijing [China], August 28 (ANI): While Sri Lanka awaits a response from China over Colombo's request for debt restructuring amid the economic turmoil, Beijing has downplayed these critical requests and instead put ahead the agenda of human rights in the island nation. This comes ahead of
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China's bad debt managers struggle to profit from collapsing property sect
Updated : 3 years, 7 months ago IST
Beijing [China], August 28 (ANI): China's bad-debt managers are struggling to extract profit from the country's slow economy, with no bottom in sight for its collapsing property sector.
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China dodges request on debt relief, says the ball is in Sri Lanka's court
Updated : 3 years, 7 months ago IST
Colombo [Sri Lanka], August 27 (ANI): China, Colombo's largest bilateral lender dodged the request for debt relief and said that the ball is in Sri Lanka's court.
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China maintains deafening silence over Sri Lanka's debt restructuring requ
Updated : 3 years, 7 months ago IST
Colombo [Sri Lanka], August 27 (ANI): Even as Sri Lankan President Ranil Wickremesinghe has requested China to restructure its debt amid a severe economic crisis and shrinking foreign reserves, Beijing has chosen to maintain a deafening silence which reveals how disinterested the country is
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Experts, students agree US higher education needs reform despite student l
Updated : 3 years, 7 months ago IST
Moscow, August 27 (ANI/Sputnik): Kirill Krasilnikov-US President Joe Biden's initiative to forgive at least USD 10,000 in student debt for each eligible borrower will not be enough to improve the situation with higher education in the United States, experts and citizens surveyed by Sputnik
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Cygni Energy raises USD 12.5 mn to power growth and expansion
Updated : 3 years, 7 months ago IST
Hyderabad (Telangana) [India], August 27 (ANI/NewsVoir): Hyderabad-based Cygni Energy Private Limited, a leading technology-led energy storage company, announced that it has raised funds of USD 12.5 Million (Rs 100 Crores) through a combination of Equity and Debt. The equity funding is led b
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Has China's Belt & Road Initiative lost its lustre?
Updated : 3 years, 7 months ago IST
London [UK], August 27 (ANI): Almost ten years after the inception of China's ambitious Belt & Road Initiative (BRI), London- based NGO The Democracy Forum invited a panel of experts to an August 25 virtual seminar to discuss the gains and costs of this global project.
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Sri Lankan PM Wickremesinghe requests China for debt restructuring amid ec
Updated : 3 years, 7 months ago IST
Colombo [Sri Lanka], August 25 (ANI): Amid economic turmoil, Sri Lankan President Ranil Wickremesinghe urged China on Thursday to restructure its debt as Beijing is Colombo's largest bilateral lender.
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China's real-estate economic slump threatens Xi's aspirations for third te
Updated : 3 years, 7 months ago IST
Beijing [China], August 25 (ANI): In an attempt to revive the economy hurt by real estate debt problems, the Chinese central bank announced a sudden strong interest rate cut which has given a severe blow to the Chinese economy at a sensitive time for Chinese supreme leader Xi Jinping, who is
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