Search For "debts"
China's lending debacle: Development loans hit 13-year low
Updated : 3 years, 2 months ago IST
China's Belt and Road Initiative (BRI) has left scores of Lower and Middle-Income Countries (LMIC) saddled with "hidden debts." China is using debt rather than aid to establish a dominant position in the international development finance market.
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Chinese govt faces crisis involving thousands of unfinished apartments ami
Updated : 3 years, 2 months ago IST
People are now refusing to repay their mortgages and price declines in the existing-home market are the sharpest in nearly a decade, according to Giuliani.
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Pak economy facing its worst crisis, grim scenario ahead in 2023
Updated : 3 years, 2 months ago IST
Pakistan is facing its worst economic crisis since its birth and a grim scenario dodges Islamabad in 2023 amid rising foreign debts, inflation, and falling foreign exchange reserves.
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State Bank of Pakistan's foreign exchange reserves plunge to 8-year low at
Updated : 3 years, 2 months ago IST
The plunge in forex reserve is a worrisome scenario as it will create problems in the repayment of its huge foreign debts.
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Kenya's mounting Chinese debts causing serious consequences: Report
Updated : 3 years, 4 months ago IST
Kenya is going through an economic emergency due to mounting Chinese debts leading many to believe that the successive Kenyan governments have over-borrowed for over-priced projects.
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Huge loans that countries owe to China may actually never get repaid, says
Updated : 3 years, 4 months ago IST
Writing for the InsideOver publication, Federico Giuliani, said that three-fifths of the world's developing countries are now having considerable trouble repaying loans or have already fallen behind on their debts.
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No party in India as rich as TRS, says BJP's KV Reddy
Updated : 3 years, 4 months ago IST
"TRS has Kaleswaram project and land grabbings. KCR took Rs 5 lakh crores debts. To build the defunct project he spent Rs 1.5 lakh crore for Kaleswaram Commission project and the remaining money is with him. With that KCR is funding other states and other chief ministers," said BJP leader KV
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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.
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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.
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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.
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EOSGlobe launches Debt Collector VoiceBot to assist borrowers in repaying
Updated : 3 years, 5 months ago IST
New Delhi [India], October 18 (ANI/PNN): EOSGlobe, a leading global BPM company, announced the launch of its Debt Collector VoiceBot to assist lending institutions in recovering delinquent debts. It is a sophisticated self-serve tool that enhances customer-bot interactions to provide seamles
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Chinese officials in poor countries face unpleasant jobs as debt collector
Updated : 3 years, 5 months ago IST
Beijing [China], October 9 (ANI): Across much of the developing world, China finds itself in an uncomfortable position as the world's debt collector amid rising inflation and a weakening global economy.
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