Debt Crisis
How India is breathing easy on corporate debt amid crisis elsewhere
Indian companies are doing better than peers, but business is slowing down
 "How India is breathing easy on corporate debt amid crisis elsewhere")
Guterres calls on G20 finance ministers to find solutions to debt crisis
UN Secretary-General Antonio Guterres is asking the G20 finance ministers meeting in Bengaluru to take bold steps to reform the international development banks and find ways to solve the debt crisis
 "Guterres calls on G20 finance ministers to find solutions to debt crisis")
WEF 2023: US debt crisis clouds Davos optimism on global economy
More than a decade after one debt-ceiling standoff led to a sovereign US rating downgrade, financial-market turmoil and a weakened economic recovery
 "WEF 2023: US debt crisis clouds Davos optimism on global economy")
Need a globalisation which doesn't lead to climate or debt crisis: PM Modi
The Prime Minister made these comments in his opening remarks at the concluding session of the virtual "Voice of Global South" summit
 "Need a globalisation which doesn't lead to climate or debt crisis: PM Modi")
PoK on the verge of food riots as it grapples with flour shortage
The desperate situation has triggered chaos and some clashes among people were also seen in the region in the past few days
 "PoK on the verge of food riots as it grapples with flour shortage")
Cost of living crisis, digital inequality among risks for India: WEF
Global Risks Report lists cost of living crisis and climate change as biggest global risks
 "Cost of living crisis, digital inequality among risks for India: WEF")
China's property debt crisis enters new phase as bond havens crumble
China's property debt crisis is entering a new phase as even developers that had long been considered safer rapidly tumble into distress
 "China's property debt crisis enters new phase as bond havens crumble")
Serious debt crisis unfolding across developing countries, says UNDP report
The United Nations' Development Programme (UNDP) joined on Tuesday the chorus of institutions and charities warning that a serious debt crisis is now taking hold in the poorest parts of the world.
 "Serious debt crisis unfolding across developing countries, says UNDP report")
Sri Lanka's GDP likely plunged amid debt crisis, political turmoil
Gross domestic product probably fell 10% in the three months to June from a year ago, according to a Bloomberg survey of economists as of Wednesday
 "Sri Lanka's GDP likely plunged amid debt crisis, political turmoil")
More Sri Lankans to slip into poverty this year, warns World Bank
Sri Lanka is currently in the throes of an unprecedented economic turmoil since its independence from Britain in 1948
 "More Sri Lankans to slip into poverty this year, warns World Bank")
IMF asks Sri Lanka to harden monetary policy, hike tax to address debt woes
The country of 22 million people has requested loans from the IMF as it struggles to pay for imports amid crushing debt and a sharp drop in foreign exchange reserves that has fueled soaring inflation
 "IMF asks Sri Lanka to harden monetary policy, hike tax to address debt woes")
IMF, World Bank chiefs warn of debt squeeze in world's poorest nations
As interest rates rise, the debt pressures are mounting on developing countries, and we need to move urgently towards solutions, World Bank President David Malpass said
 "IMF, World Bank chiefs warn of debt squeeze in world's poorest nations")
Global leaders discuss debt crisis in US in wake of Sri Lankan problem
Sri Lanka's bitter debt crisis experience has emerged as one of the major topics of discussion among the global financial leaders
 "Global leaders discuss debt crisis in US in wake of Sri Lankan problem")
Sri Lanka nears crisis
More help needed for the island nation's faltering economy
 "Sri Lanka nears crisis")
G20 economies must push relief to avoid debt crises, say experts
As the pandemic battered global economies, the Group of 20 leading economies launched measures, including a temporary debt service suspension for poor countries to provide breathing room
 "G20 economies must push relief to avoid debt crises, say experts")
Evergrande's founder amassed billions in dividends before crisis
Now the China Evergrande Group founder's property empire is teetering on the edge of default - and his personal fortune has landed squarely in the Chinese government's crosshairs
 "Evergrande's founder amassed billions in dividends before crisis")
UN chief Antonio Guterres calls for bold measures to tackle debt crisis
UN Secretary-General Antonio Guterres on Monday called for urgent, bold measures to address an emerging debt crisis caused largely by Covid-19
 "UN chief Antonio Guterres calls for bold measures to tackle debt crisis")
A new global debt crisis
China's role as lender has complicated relief efforts
How to prevent the looming debt crisis
A global sovereign debt crisis today would push millions into unemployment and fuel violence around the world
 "How to prevent the looming debt crisis")
Statsguru: State govts' debt on a risky path amid Covid-19 crisis
Debt levels in many states are already way above the recommended 20 per cent of GDP mark
 "Statsguru: State govts' debt on a risky path amid Covid-19 crisis")
