Debt Trap

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Debt Trap - Total results - 8
India should build ties and rescue Maldives from China’s debt trap, challenge Beijing's might in the Indian Ocean
World

India should build ties and rescue Maldives from China’s debt trap, challenge Beijing's might in the Indian Ocean

Beijing would again try to re-establish its clout in Maldives through the debt-trap diplomacy. The Modi government should, therefore, come out with a long-term plan for infrastructure development in Maldives.

Infrastructure finance war: Donald Trump rolls out foreign aid bill to counter China; Beijing contacts India for joint projects
World

Infrastructure finance war: Donald Trump rolls out foreign aid bill to counter China; Beijing contacts India for joint projects

US officials are worried that countries have been falling victim to what they call China's "debt trap" diplomacy, giving up control of major assets.

Chinese president Xi Jinping announces another $60 bn aid for Africa, dismisses criticism over driving countries into 'debt trap'
World

Chinese president Xi Jinping announces another $60 bn aid for Africa, dismisses criticism over driving countries into 'debt trap'

Chinese President Xi Jinping on Monday announced a whopping $60 billion in new development financing for the African nations as he sought to refute criticism that the massive funding under Beijing's Belt and Road Initiative (BRI) drawing the countries into a debt trap

As communities in north, east Sri Lanka drown in debt, government struggles to regulate micro-finance
World

As communities in north, east Sri Lanka drown in debt, government struggles to regulate micro-finance

A new loan to repay an earlier loan; the cycle of debt never seems to end for many families in post-war north and east Sri Lanka.

China to continue providing financial help to Sri Lanka under Belt and Road Initiative, dismisses reports of 'debt trap'
World

China to continue providing financial help to Sri Lanka under Belt and Road Initiative, dismisses reports of 'debt trap'

China vowed to keep providing financial help, including loans, to Sri Lanka despite warnings about the island nation's debt mountain.

'China is using a debt trap as a disciplinary tool to run Maldives': Ex-president Mohamed Nasheed tells Firstpost
World

'China is using a debt trap as a disciplinary tool to run Maldives': Ex-president Mohamed Nasheed tells Firstpost

Exiled former Maldivian president Mohamed Nasheed speaks to Firstpost about anti-India designs in his country, Chinese influence and much more

Can't pay your bills?  Here's how you can avoid the dreaded debt trap
Investing

Can't pay your bills? Here's how you can avoid the dreaded debt trap

Debt should not be taken for acquiring a depreciating asset. An example could be buying a mobile phone or white goods on loan.

Will debt damage Manappuram? A post-RBI peek at the numbers
Business

Will debt damage Manappuram? A post-RBI peek at the numbers

The RBI has warned the public against Manappuram's efforts to raise deposits. The company's interest burden is growing twice as fast as income.