Hidden behind headlines and global indifference, entire nations are unraveling rapidly, plunged into chaos by economic freefalls, political collapse, and social breakdowns. This revealing video ...

The Dissanayake regime, completely subservient to international capital, is not ready to lose the remaining IMF installments, ...

Debt-servicing to China now surpasses all repayments to the Paris Club combined, according to a Lowy Institute report.

Developing countries owe billions to China, which threatens to undermine poverty reduction efforts and fuel instability, ...

Debt-stricken Sri Lanka has hosted one of New Zealand’s top ministers to discuss ways to deepen bilateral ties in areas such ...

IMF’s Faulty Debt Sustainability Analysis Trump’s tariffs come in the context of Sri Lanka continuing to struggle to recover from its worst economic crisis since independence. In 2022 ...

Sri Lanka — Sri Lanka signed a deal with Japan Friday to restructure $2.5 billion in loans, marking the first agreement with official creditors who had pledged debt relief to the cash-strapped ...

and secretary to Sri Lanka’s finance ministry Mahinda Siriwardana attend a joint press conference after signing debt restructuring agreements between the two countries in Colombo on Friday.

Sri Lanka halted payments on its dollar debt in May 2022 as a currency crisis shattered foreign exchange reserves. A resolution was delayed as China, a significant creditor, and other lenders ...

COLOMBO, Sri Lanka — Sri Lanka’s President Ranil Wickremesinghe announced a debt restructuring deal with countries including India, France, Japan and China in a televised address to the nation ...

COLOMBO, Sri Lanka (AP) — Debt-stricken Sri Lanka signed a trade pact with Thailand on Saturday in a bid to boost trade and investment as the Indian ocean island nation is struggling to recover ...