Future of Laos, its fiscal stability, hinges greatly on China: Expert

Jul 03, 2021

Bangkok [Thailand], July 3 : The Southeast Asian nation of Laos is struggling to meet its debt obligations amid sovereign downgrades and depleted foreign...

Sri Lanka: Nation's economic meltdown uncovers Chinese 'debt-trap' policy

May 14, 2022

Colombo [Sri Lanka], May 14 : China offered debt-stricken Sri Lanka more loans to overcome its economic distress amid rising protests in the country.

Syria joins BRI as West continues to criticize Beijing for its debt trap tactics

Jan 14, 2022

Damascus [Syria], January 14 : Amid rising accusations against China for trapping countries in massive debts with larger infrastructure plans, Syria has joined Beijing's...

IL&FS board upgrades estimates of debt addressed to over Rs 57,000 crore

Jul 20, 2020

Mumbai (Maharashtra) [India], July 20 : The new board of IL&FS Ltd on Monday shared an update on the progress of ongoing resolution process...

Europe turns to Middle East, Mediterranean to reduce its dependence on Russian gas

Apr 11, 2022

Nicosia (Cyprus) 11 April : As the war in Ukraine rages on, leaders of European countries, notably Germany, have come to realize that they...

Technical issues cause Pakistan's national air carrier to reduce its fleet to half

Oct 26, 2024

Pakistan International Airlines (PIA) fleet, originally consisting of 33 aircraft, has shrunk further due to technical issues, leaving only 16 planes available for domestic...