Laos is spiraling toward a debt crisis as China looms large
A pedestrians at a bus station in Vientiane, Laos, on Saturday, June 24, 2023. Valeria Mongelli | Bloomberg | Getty Images An alarming debt crisis has unfolded in Laos in …
A pedestrians at a bus station in Vientiane, Laos, on Saturday, June 24, 2023. Valeria Mongelli | Bloomberg | Getty Images An alarming debt crisis has unfolded in Laos in …
NEW DELHI: The World Bank will house a new loss and damage (L&D) fund which is to be operationalised to support developing countries impacted by climate change, with negotiators from …
Countries moved a step closer on Saturday to getting a fund off the ground to help poor states damaged by climate disasters, despite reservations from developing nations and the United …
India witnessed a surge in formal job creation for women since 2018-19 with net new addition of female employees under the Employees’ Provident Fund Organisation (EPFO) more than doubling in …
NEW DELHI: The Vision India@2047 document, which is likely to be released by Prime Minister Modi in three months, will outline the structural changes and reforms needed to reach the …
Xi’s initiative has built power plants, roads, railroads and ports around the world and deepened China’s ties with Africa, Asia, Latin America and the Mideast. From left in front row, …
NEW DELHI: Ahead of the upcoming UN climate conference (COP28) in December, the Loss and Damage Transitional Committee failed to reach consensus on critical issues relating to the proposed loss …
There is now a consensus that interest rates are going to be higher for longer, but there is less agreement about how much higher and how much longer, said Indermit …
MARRAKESH: Pummelled by debt, poverty and natural disasters, African nations heard many pledges of support but saw little action at the first IMF-World Bank talks to be held on their …
Marrakech: Finance minister Nirmala Sitharaman on Saturday pitched for a strong, quota-based and adequately resourced International Monetary Fund (IMF) and emphasised that a coordinated response of the global community will …