Djibouti struggles to repay Chinese loan, suspends debt repayments

Dec 12, 2022

The World Bank has in its latest report on Djibouti, stated that in 2022, Djibouti's debt servicing costs tripled to USD 184 million from...

Bank of India suffers a loss of Rs 3,571 crore in Q4 on bad debts

Jun 25, 2020

Mumbai (Maharashtra) [India], June 25 : Government-owned Bank of India on Thursday reported a net loss of Rs 3,571 crore in the quarter ended...

3 members of a family found hanging in Karnataka's Haveri

Feb 25, 2023

Three members of a family were found hanging at Tondur village of Savanur Taluk, Haveri, on Thursday over their inability to repay a loan...

Chinese govt faces crisis involving thousands of unfinished apartments amid rising bad debts: Report

Jan 11, 2023

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...

Africa in desperate need for alternatives to tackle China's debts

Nov 06, 2022

As the global economy is moving towards recession, African countries, where China has leveraged lopsided loans for geopolitical gain, are in debt distress and...

Iran says Iraq ready to pay debts for energy imports

Apr 30, 2022

Tehran [Iran], April 30 (ANI/Xinhua): Iraq is ready to pay its debts to Iran and the repayment procedure will begin in the coming days,...