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Maldives sitting on a debt pile, not bankrupt as of now

As Maldives reels under an economic crisis, Mohammed Muizzu has sought financial help from Turkey and China, but no one is seen forthcoming.

Maldives President is playing the China card with India hoping that Emperor Xi will give Male aid to tide over economic crisis
Updated on Feb 19, 2024 06:40 PM IST

China's top-selling to world's most indebted developer: The Evergrande crisis

Evergreen developers and a string of its peers have defaulted on their offshore debt obligations amid slowing home sales and fewer new avenues for fundraising.

The Evergrande Group headquarters logo is seen in Shenzhen in southern China's Guangdong province,(AP)
Published on Jan 29, 2024 09:39 AM IST
Reuters |

How to read the fine print of the G20 Delhi Declaration

The Delhi Declaration of G20 acknowledges the defining moment in history and addresses political, economic, and environmental challenges

Prime Minister Narendra Modi, United States President Joe Biden, Saudi Arabian Prime Minister and Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud during the launch of the India-Middle East-Europe corridor as part of the G20 Leaders' Summit in Delhi.
Updated on Sep 10, 2023 04:34 AM IST
By, New Delhi

Conservative rebellion escalates as House Speaker McCarthy faces ultimatum

Hard-line conservatives angered by House Speaker Kevin McCarthy’s debt-ceiling deal are demanding power-sharing and budget-cutting concessions.

U.S. House Speaker Kevin McCarthy (R-CA) speaks to reporters on Capitol Hill in Washington, U.S., June 8, 2023. REUTERS/Amanda Andrade-Rhoades/(REUTERS)
Published on Jun 13, 2023 05:30 AM IST
Bloomberg | | Posted by Tuhin Das Mahapatra

Debate over U.S. debt ceiling revives concerns for Ukraine funding

The battle to raise the U.S. debt ceiling is reigniting debates in Congress over funding for Ukraine

FILE PHOTO: U.S. House Speaker Kevin McCarthy (R-CA) speaks during a press conference accompanied by House Majority Leader Steve Scalise (R-LA) and U.S. Rep. Elise Stefanik (R-NY) after the House approved the debt ceiling deal he negotiated with the White House to end their standoff and avoid a historic default, at the U.S. Capitol in Washington, U.S. May 31, 2023. REUTERS/Jonathan Ernst/File Photo(REUTERS)
Published on Jun 07, 2023 05:28 AM IST
Reuters | | Posted by Tuhin Das Mahapatra
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