debt
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News
India extends $1bn credit line for Sri Lanka by a year | Debt News
The line of credit is part of a roughly $4 billion emergency aid package extended by India during the height…
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Kenya presidency rules out default as cash crunch delays salaries | Debt News
Annual interest payments on Kenya’s domestic debt alone have grown from $1.34 billion to $5.09 billion in nearly a decade,…
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Adani crisis ignites India contagion fears, credit warnings | Business and Economy News
Fears of financial contagion spread in India on Friday as Adani Group’s crisis worsened, with credit rating agency Moody’s warning…
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Is debt cancellation the way forward for Sri Lanka? | Business and Economy News
Colombo, Sri Lanka – More than 180 prominent economists and development experts from around the world have issued a global…
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Pakistan finance minister says it may buy discounted Russian oil | Business and Economy News
The minister said that if India buys oil from Russia, “we have the right too” because Pakistan has the goal…
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Russia inches closer to debt default as US lets key waiver expire | Debt News
U.S. banks and individuals will be prohibited from accepting bond payments from the Russian government after 12:01 a.m. NY time…
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Sri Lanka looks to IMF for an immediate bail out | Business and Economy News
A Sri Lankan delegation will visit Washington next week, seeking to secure up to $4 billion from the International Monetary…
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Has India’s central bank avoided tackling high inflation? | Business and Economy News
New Delhi, India–The Reserve Bank of India (RBI) stands apart as a rare example of a central bank today that…
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Tourism in Sri Lanka: One step forward, two steps back | Business and Economy News
Colombo, Sri Lanka – Tourism in Sri Lanka can’t seem to catch up with the respite. Three years ago, tourist…
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Barack Obama Wants You to See This Harrowing Movie
After his stay in Europe for horror movies in 2018 Everyone knows with Penelope Cruz and Javier Bardem, Famous director…
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