Sri Lanka on edge as debt burden mounts

Sri Lanka on edge as debt burden mounts

18/1/2022 4:10:00 AM

Sri Lanka on edge as debt burden mounts

China has lent billions of dollars under its Belt and Road Initiative.


Cops rescue two children, mother and grandaunt arrested for suspected abuse

GEORGE TOWN: Two children with bruises and injuries on their body and face were rescued by police from a unit in Rifle Range flats here. Read more >>

Malaysia would have been on the same fate had Najib wasn't defeated. We were almost on the the same path with Sri Lanka: heavily borrowing and dealt with the Communists we so hated at home. Never will. Malaysia better learn from this

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Early rate hikers hit jackpot as local bonds trounce dollar debt(Jan 17): Emerging-market central banks were the first in the world to raise interest rates from their pandemic lows last year. That proactive tightening is starting to pay off big time in boosting returns from their local bonds.An index of debt issued by developing nations denominated in their own currencies has returned about 1% over the past three months, while a similar gauge of hard currency bonds has tumbled 2.8%, according to data compiled by Bloomberg.The outperformance for local