Russia floats new foreign debt payment system
Moscow: Russia says it may use an arrangement similar to that used for payments for its gas supplies to pay its dollar-denominated foreign debts. The Vedomosti business daily on Monday quoted Finance…
What’s happening in Sri Lanka and how did the economic crisis start?
Mumbai: The island nation of Sri Lanka is in the midst of one of the worst economic crises it’s ever seen. It has just defaulted on its foreign debts for the first…