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SOVEREIGN DEFAULT MALDIVES
India extends financial support to Maldives under SAARCIndia has approved a significant ₹3,000-crore currency swap for the Maldives. This move aims to bolster the island nation's economy under t...- As Male faces stress, India weighs currency swap extensionIndia is reviewing the Maldives' plea for an extended currency swap facility. The island nation faces significant economic strain, compound...
- Maldives’ tourism-driven economy stares at crisis amid West Asia warThe Maldives economy faces a crisis due to West Asia disruptions. Tourist arrivals are down, impacting revenue. Significant debt repayments...
- Maldives may be heading for debt default akin to Sri LankaMaldives faces potential debt default similar to Sri Lanka, with critical foreign reserves depletion and a substantial debt burden. The gov...
- China's lending practices push Maldives toward sovereign defaultThe Maldives faces a severe debt crisis, exacerbated by external debts and unfavorable trade terms with China. With dwindling foreign reser...
- Maldives' Muizzu rushes to mend ties with India as China debt squeeze loomsMaldives President Mohamed Muizzu, who pushed for an 'India Out' campaign, now seeks financial aid from India. He is visiting New Delhi to ...
- Maldives comes back to India, after rubbing shoulders with the DragonMaldives President Mohamed Muizzu, a pro-China leader is on his first bilateral visit to India since taking office, seeking to repair relat...
- India extends emergency support to Maldives as it battles debt default threatIndia has extended emergency financial support to the Maldives by subscribing to its $50 million treasury bill. This move follows a ratings...
- India may extend financial support to Maldives facing default during Muizzu visitIndia may provide financial support to the Maldives to help it avoid a potential default on its foreign debt. This assistance could be anno...
- On his first China visit, Maldives' trade minister highlights close India tiesEmphasizing the significance of India to the Maldives economy, President Muizzu's recent visits to New Delhi and Beijing, along with Minist...
- How the Indo-Pacific can beat the SDG cash crunchThe Indo-Pacific region has both challenges and promising examples of success in sustainable development. While global events hinder intern...
- Sri Lankan leader seeks to disarm India's China fearsThe first visit by Sri Lankan president Ranil Wickremesinghe to India since his election a year ago highlights New Delhi's concerns over Ch...
- Sri Lanka thanks India for its generous support, assurances given to the IMF to restructure its debtSri Lanka, which is trying to secure a USD 2.9 billion bridge loan from the International Monetary Fund (IMF), was negotiating to get finan...
- Jaishankar conveys India's commitment to increase investment flows to Sri Lanka to hasten economic recovery"Look forward to my discussions with the leadership tomorrow morning," Jaishankar tweeted after he held talks with his Sri Lankan counterpa...
- View: Tough days ahead for India?The economic impact of the various crises is expected to begin manifesting themselves soon, if governments of those countries fail to addre...
- Debt in a warm climate: Coronavirus and carbon set scene for defaultTo avert disaster, countries are committing to carbon cutting steps. But these will be costly and likely to add to a global debt pile which...
- US and India must develop plan to counter China's efforts to strengthen its position in Indian OceanThere have been considerable concerns in India over China's growing presence in the Indian Ocean region. India has been trying to expand ma...
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