The US and China clash over their debt situations
Words have been slung.
Debt crisis
From Sri Lanka's debt crisis to snakes on a plane – Here's your January 10 news briefing
Sri Lanka is currently facing its worst economic crisis since its independence in 1948.
From Sri Lanka’s debt woes to trash-loving clever cockatoos – Here’s your September 14 news briefing
To start off, we’re looking into:
Sri Lanka’s next move in its debt crisis
Sri Lanka is dealing with a major debt crisis ranging from estimates of US$85 billion to over US$100 billion. The crisis has resulted in a depletion of essential imports like fuel and
What’s the next move in the Sri Lankan debt crisis?
Sri Lanka is dealing with a major debt crisis ranging from estimates of US$85 billion to over US$100 billion. The crisis has resulted in a depletion of essential imports like fuel and medicine. Sri Lanka’s former President Gotabaya Rajapaksa was also booted out of office after nationwide
Evergrande’s founder denied invite to key political meeting
The property market in China isn’t doing too well at the moment, with the market being pretty overdeveloped. The company at the forefront of these issues is Evergrande. Once a real estate giant that built its company on debt, Evergrande is now swimming in about US$300 billion in
What’s new with Evergrande as it continues teetering on the edge of default?
Not only did Evergrande offer these high returns, but apparently, they also offered Gucci bags and Dyson products to individual investors who invested in over three million yuan worth of WMPs during a Christmas promotion last year.
* Since China Huarong Asset Management Co., Ltd., or just Huarong, was bailed out