Yuan Jiajun, a politburo member of the communist party of China, has concluded his three-day visit to Nepal. During his visit, he pledged over a million-dollar grant for Nepal's 7 provinces to boost agriculture. He however skipped controversy surrounding b-r-i projects during his meeting with top political leaders in Nepal. Even as Nepal says none of the projects under the bri are complete.

China pledges over $1 million grant to fund Nepal's agriculture projects

The International Monetary Fund(IMF) has released a staff report about Pakistan's poor handling of the economy and its inability to maintain steady operations. The IMF reports also uncover the conditions tied to a $3 bn standby arrangement package provided to Pakistan with risk to program implementation exceptionally high, policy slippage, and delays in external financing disbursement. This could jeopardise the country's macro-financial stability and debt sustainability.

IMF urges tightening measures as Pakistan's economy falters

A recently-published United Nations report reveals that global public debt has reached an unprecedented milestone of $92 trillion. Governments around the world resorted to borrowing loans to tackle catastrophic events like the COVID-19 pandemic, which devastated numerous families, overwhelmed the global healthcare system, and severely disrupted the international economy.

Global public debt soars to record-high of $92 trillion, UN report reveals

Even amid signals of the Sri Lankan economy gradually coming back on track on the back of the IMF loan and strong fiscal measures, there are signals of a large number of skilled professionals leaving the country for better career opportunities and better lives for themselves and their families. The number of IT professionals, doctors, and others registering to leave the country has nearly doubled over 2021. Youth cite uncertainty on the road ahead for the country.

Sri Lanka brain drain

China after years of practising what is known as a 'debt trap' diplomacy has led to nearly 150 countries owing over 1 trillion dollars to China. The dragon country is now feeling the heat of being in debt.

China's hidden debt: a ticking time bomb

China is in default on its sovereign debt held by American bondholders. The historical context reveals that the Republic of China defaulted on its debt in 1938 during its conflict with Japan.

China's sovereign debt default raises concerns for US bondholders

Chinese banks are facing increasing risks from rising non-performing loans (NPLs) and diminishing returns, making them a lightning rod for investors' worries about the world's second-largest economy.

China's banks bear brunt of concerns around growth and debt

It's a tale of unexpected financial triumph as Ukrainian debt warrants have taken the investment world by storm, delivering staggering returns and capturing the attention of major players in the market. Held by Morgan Stanley investment management, these exotic warrants have experienced an astonishing surge in value over a short period.

Ukraine’s debt warrants outshine emerging markets

Wuhan is suffering under a financial crisis. The government is failing to recover debts from companies. Will the city recover from the spiraling economy? Molly Gambhir reports.

Gravitas: Wuhan cash-strapped, calls in debts from companies

Asian markets are reacting to the tentative US Debt deal. In Japan, the Nikkei 225 surged to 33-year record levels, jumping 2%. The broader Topix index also experienced gains, rising by 1.26%. However, the hang seng index is on a decline, defying the overall optimism in the global markets.

Asian markets rally over tentative US Debt deal

The USA claims to be an economic powerhouse, but did you know it has also amassed $31 Trillion in debt? Who does it owe this debt to? Molly Gambhir explains on Gravitas Plus.

Gravitas Plus: How America amassed $31 trillion in debt

Wall Street is pretty confident that US Will not default on its debt. But that does not mean the u.S. Economy won't face the heat in its aftermath due to the US Treasury selling t-bills worth 1 trillion dollars to raise cash to pay for its debt.

US may face debt limit deal aftershocks

US lawmakers come to a deadlock on US debt limit talks, they are yet to resolve the crisis. President Joe Biden and Republican leaders offer hopes of a deal while Democrats pitch for a clean increase, with no strings attached.

US debt crisis: Joe Biden and Republican leaders offer hopes of a deal

The United States is facing the prospect of defaulting on trillions of dollars. The nation is facing an unprecedented economic & financial storm. Without raising the debt limit, the US government will default on its bills.

What is the US debt ceiling & what happens if it isn’t raised?

U.S. stocks slouched to a higher close on Monday, and benchmark Treasury yields rose amid flickering optimism that Washington will get past partisan wrangling and reach a debt ceiling deal.

Wall Street advances, Treasury yields rise as debt-ceiling debate rolls along

Tunisia and Egypt are inching closer to a severe debt crisis that could have far-reaching implications for the volatile North Africa region. As shortages of essential goods and financial market dysfunction plague the two countries, their wealthy West Asian neighbors, investors, and analysts are growing increasingly concerned, Reuters reported.

Drowning in debt: Tunisia and Egypt's battle for economic stability

Tunisia and Egypt are on the brink of major debt crises, with Tunisia facing a political crisis and uncertainty over IMF support. Egypt's debt-to-GDP ratio is reaching critical levels, compounded by currency devaluations and dwindling reserves. The countries' fiscal strains could have far-reaching consequences for the region. The involvement of gulf allies and the potential impact on global financial markets further intensify the gravity of the situation.

Drowning in debt: North Africa braces for impact

The debt limit timebomb is ticking for the Biden administration. The question looming now is: Will President Joe Biden & Republican lawmakers be able to break the deadlock? They are scheduled to meet on Tuesday, led by Speaker Kevin McCarthy.

Will the US debt limit crisis end soon?

A fight between Republicans and Democrats over the debt limit ceiling could send the US economy into a recession even if the standoff doesn't actually trigger a debt default, analysts say.

Analysts: US debt limit standoff could lead to recession

US Republican lawmakers passed a bill to raise the government's debt ceiling on Wednesday. While US debt default looms, the bill has introduced sweeping spending cuts for the next decade.

US House passes debt limit bill in a major win for Republicans

US Treasury Secretary Janet Yellen sounds the alarm bells. She warns that a failure to raise the government's debt ceiling could trigger an economic catastrophe.

Janet Yellen warns on U.S. debt default

The US Congressional Budget Office warned that the federal government would be at risk of a payment default as soon as July if politicians fail to raise the debt limit.

US likely to face debt-ceiling crisis this July, warns CBO

Sri Lanka's former president Gotabaya Rajapaksa has been questioned by police over the discovery of a large amount of cash in his office-cum-residence when he fled the country for safety as thousands of protesters stormed the place in July last year.

Ex- Sri Lanka President Rajapaksa quizzed over cash stash

Hindenburg Research said on Wednesday it held short positions in Adani Group, accusing the Indian conglomerate of improper extensive use of entities set up in offshore tax havens and expressing concern about high debt levels.

Hindenburg shorts India's Adani Group, cites debt and accounting concerns

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