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Chinese Official Honeytrapped By "Seductive Beauty" Of Foreign Spy
China said Thursday it had cracked three spying plots, including one in which a public servant was lured by the "seductive beauty" of a foreign agent, urging government workers to remain vigilant against overseas threats.
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IMF Reaches Agreement With Sri Lanka On $344 Million Loan Payout
The International Monetary Fund announced Friday it had reached agreement on a loan program review with Sri Lanka which will make around $344 million available to support the country's economic reforms.
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Sri Lanka Seals Debt Deal As It Recovers From 2022 Financial Crash
Sri Lanka said on Wednesday it had clinched a restructuring deal with India, China, and other nations, covering up to $10 billion in debt, a critical step towards recovery after a 2022 financial crash.
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India Has Said Yes To Extend Debt Repayment Deadline: Maldives Foreign Minister
Maldivian Foreign Minister Moosa Zameer has said that significant strides have been made in expediting India-assisted projects in Maldives, as he underscored the government's commitment to prioritising the resumption and completion of these projects.
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Sri Lanka Seeking Reduction Of $17 Billion Debt From Restructuring
Sri Lanka is looking at a reduction of approximately USD 17 billion from its overall debt burden in the ongoing debt restructuring process, Foreign Minister Ali Sabry said.
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Sri Lanka Partially Repays Iranian Oil Bebt With $20 Million Worth Of Tea
Cash-strapped Sri Lanka said Wednesday it had exported tea worth $20 million to Iran to partially repay its $251 million oil debts, with Colombo saying Tehran's visiting foreign minister had expressed "satisfaction" at the deal.
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Maldives At High Risk Of Foreign Debt Crisis, After China Borrowings: IMF
The strategically-placed Indian Ocean nation of the Maldives, which has borrowed heavily from China and shifted allegiance from India, is at high risk of "debt distress," the IMF warned Wednesday.
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IMF And Pakistan Forge $3 Billion Stand-By Deal To Aid Economic Stability
Pakistan could get temporary relief for its ballooning foreign debt with a new stand-by arrangement worth $3 billion announced by the IMF in Washington on Thursday.
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Pakistan Needs To Repay $77 Billion Debt To China, Saudi Arabia By 2026: Report
Pakistan, currently tackling a major economic crisis, is grappling with high external debt, a weak local currency and dwindling foreign exchange reserves.
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Ahead Of IMF Bailout, Sri Lanka Seeks "10-Year" Time To Repay Debt
Cash-strapped Sri Lanka is seeking a 10-year moratorium on its foreign debt, President Ranil Wickremesinghe's office said Monday on the eve of a desperately needed $2.9 billion IMF bailout.
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India Doesn't Have Problems Like Pakistan, Sri Lanka: What Raghuram Rajan Said
India has sufficient foreign exchange (forex) reserves, external debts are low and the country is not having the economic problems like Sri Lanka and Pakistan, former RBI Governor Raghuram Rajan said.
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Sri Lanka: 5 Basic Facts About Country Hit By Crisis
Sri Lanka is hit by a crisis, with its economy crumbling under the weight of massive foreign debt and steep inflation. President Gotabaya Rajpaksa has fled and Prime Minister Ranil Wickremesinghe has imposed an emergency.
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Ratings Agency Moody's Confirms Russia Defaulted On Foreign Debt
Moody's ratings agency has confirmed that Russia defaulted on foreign debt for the first time in a century after bond holders did not receive $100 million in interest payments.
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Russia Defaults On Foreign Debt For First Time Since 1918
Russia defaulted on its foreign-currency sovereign debt for the first time in a century, the culmination of ever-tougher Western sanctions that shut down payment routes to overseas creditors.
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Russia To Repay Foreign Debt In Rubles After US Ends Exemption
Russia that it will start paying its foreign debt in rubles after US exemption ended.
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Chinese Official Honeytrapped By "Seductive Beauty" Of Foreign Spy
China said Thursday it had cracked three spying plots, including one in which a public servant was lured by the "seductive beauty" of a foreign agent, urging government workers to remain vigilant against overseas threats.
-
IMF Reaches Agreement With Sri Lanka On $344 Million Loan Payout
The International Monetary Fund announced Friday it had reached agreement on a loan program review with Sri Lanka which will make around $344 million available to support the country's economic reforms.
-
Sri Lanka Seals Debt Deal As It Recovers From 2022 Financial Crash
Sri Lanka said on Wednesday it had clinched a restructuring deal with India, China, and other nations, covering up to $10 billion in debt, a critical step towards recovery after a 2022 financial crash.
-
India Has Said Yes To Extend Debt Repayment Deadline: Maldives Foreign Minister
Maldivian Foreign Minister Moosa Zameer has said that significant strides have been made in expediting India-assisted projects in Maldives, as he underscored the government's commitment to prioritising the resumption and completion of these projects.
-
Sri Lanka Seeking Reduction Of $17 Billion Debt From Restructuring
Sri Lanka is looking at a reduction of approximately USD 17 billion from its overall debt burden in the ongoing debt restructuring process, Foreign Minister Ali Sabry said.
-
Sri Lanka Partially Repays Iranian Oil Bebt With $20 Million Worth Of Tea
Cash-strapped Sri Lanka said Wednesday it had exported tea worth $20 million to Iran to partially repay its $251 million oil debts, with Colombo saying Tehran's visiting foreign minister had expressed "satisfaction" at the deal.
-
Maldives At High Risk Of Foreign Debt Crisis, After China Borrowings: IMF
The strategically-placed Indian Ocean nation of the Maldives, which has borrowed heavily from China and shifted allegiance from India, is at high risk of "debt distress," the IMF warned Wednesday.
-
IMF And Pakistan Forge $3 Billion Stand-By Deal To Aid Economic Stability
Pakistan could get temporary relief for its ballooning foreign debt with a new stand-by arrangement worth $3 billion announced by the IMF in Washington on Thursday.
-
Pakistan Needs To Repay $77 Billion Debt To China, Saudi Arabia By 2026: Report
Pakistan, currently tackling a major economic crisis, is grappling with high external debt, a weak local currency and dwindling foreign exchange reserves.
-
Ahead Of IMF Bailout, Sri Lanka Seeks "10-Year" Time To Repay Debt
Cash-strapped Sri Lanka is seeking a 10-year moratorium on its foreign debt, President Ranil Wickremesinghe's office said Monday on the eve of a desperately needed $2.9 billion IMF bailout.
-
India Doesn't Have Problems Like Pakistan, Sri Lanka: What Raghuram Rajan Said
India has sufficient foreign exchange (forex) reserves, external debts are low and the country is not having the economic problems like Sri Lanka and Pakistan, former RBI Governor Raghuram Rajan said.
-
Sri Lanka: 5 Basic Facts About Country Hit By Crisis
Sri Lanka is hit by a crisis, with its economy crumbling under the weight of massive foreign debt and steep inflation. President Gotabaya Rajpaksa has fled and Prime Minister Ranil Wickremesinghe has imposed an emergency.
-
Ratings Agency Moody's Confirms Russia Defaulted On Foreign Debt
Moody's ratings agency has confirmed that Russia defaulted on foreign debt for the first time in a century after bond holders did not receive $100 million in interest payments.
-
Russia Defaults On Foreign Debt For First Time Since 1918
Russia defaulted on its foreign-currency sovereign debt for the first time in a century, the culmination of ever-tougher Western sanctions that shut down payment routes to overseas creditors.
-
Russia To Repay Foreign Debt In Rubles After US Ends Exemption
Russia that it will start paying its foreign debt in rubles after US exemption ended.
