Latest from debt crisis
‘No exaggeration…’: Sri Lanka praises India for aiding in ‘regaining stability’
Jaishankar met with top leadership in Sri Lanka, including President Ranil Wickremesinghe, after visiting Maldives as a part of his two-nation tour.
Updated on Jan 20, 2023 11:21 AM IST
Italy struggles for repayment as state-backed debts mountain to $127 Billion
The International Monetary Fund forecasts that the Italian economy will contract 0.2% in 2023. Italian companies had a record €123.2 billion ($127 billion) of Covid-era state-backed credit lines outstanding as of June 30, up from €118 billion in the previous quarter.
Published on Nov 28, 2022 11:56 AM IST
Bloomberg | | Posted by Singh Rahul Sunilkumar
In a first, America's national debt crosses $30 trillion
The latest debt milestone comes at a delicate time of transition for the US fiscal and monetary policy.
Published on Feb 02, 2022 09:57 AM IST
Written by Joydeep Bose | Edited by Amit Chaturvedi, Hindustan Times, New Delhi