Chinese local government debt reaches ‘boiling point’
The local government of China has amassed debt of about 18.4 trillion Yuan (2.74 trillion dollars) by the end of 2018. The finance ...
Tag: Debt
Bankrupt Pakistan needs $25 billion a year to repay debt, IMF bailout is not enough
The economic condition of Pakistan has not been good in the last few months. The prime minister of the country is touring around ...
Multiple Congress run states might have to compensate for vote-buying handouts with blackouts
NTPC Limited, the state owned company which runs the business of generating electricity and allied activities has threatened the states of Andhra Pradesh, ...
The other story of India’s public debt
There is an ongoing debate over whether the funding from international institutions such as World Bank (WB) and Asian Development Bank (ADB) actually ...
Viral blog Lallantop turns economist. Murders economic theories, logic and common sense in a stupid report
TheLallantop.com, a news & opinion website, shared a video which claims that ‘Narendra Modi’ is the Prime Minister who has borrowed the most from ...
