China's lending practices push Maldives toward sovereign default

Mar 13, 2025

The Maldives is grappling with a mounting debt crisis that threatens its economic sovereignty, as foreign exchange reserves dwindle to precarious levels while substantial...

Experts draw lessons learned from Sri Lanka's economic crisis

Oct 27, 2022

Focusing on deep-rooted, long-term economic vulnerabilities that led to sovereign default in Sri Lanka - the first time in the country's history - Umesh...

IMF approves final USD 1.1 bn tranche for Pakistan's bailout package

Apr 29, 2024

This latest funding marks the third and final installment of a USD 3 billion standby arrangement with the IMF, crucial for Pakistan to stave...

Pakistan to draw foreign investment, seek loan rollovers: Foreign Minister Aurangzeb

Jul 20, 2024

The economically crippled country has relied heavily on IMF programmes for years, at times nearing the brink of sovereign default and having to turn...

Protests against zero-covid policy become 'biggest rebellion' in China's history

Nov 29, 2022

The public outrage against CCP rule and torturous zero-covid policy has been observed across several cities of China including Beijing and Shanghai which are...

Delhi court dismisses default bail petition of K. Kavitha following withdrawal of plea

Aug 06, 2024

A court in Delhi on Monday has dismissed the default bail petition of BRS Leader K. Kavitha's plea seeking default bail following her withdrawal...