Last week a US district court granted Sri Lanka’s request for a six-month pause on a creditor lawsuit against the country. Hamilton Reserve Bank holds a big chunk of one of Sri Lanka’s now-defaulted bonds and had been suing it for immediate repayment.
Sri Lanka’s debt trap and the vultures
Tag: foreign direct investment
Italy Wants to Exit the Belt and Road – But Without Curbing Ties With China
Even after Italy’s BRIexit, the central government, companies, and local authorities will likely continue, and even boost, relations with China across the board.
Italy Wants to Exit the Belt and Road – But Without Curbing Ties With China
Humor in the Headlines Over China in Latin America
Illustration by Greg Groesch/The Washington Times
“As China arrives with a splash in Honduras, the US wrings its hands”- Washington Post, October 2, 2023In a break from its hysterical coverage of the existential threat posed by Donald Trump, the Washington Post – house organ of the Democratic National Committee – cautions us of the other menace, China. “When the leader of this impoverished Central American country visited Beijing in June,” we are warned, “China laid out the warmest of welcomes.”
Humor in the Headlines Over China in Latin America
Related (Archived):
The U.S. Defense Department’s Role in the Honduras Coup
US seeks to ‘militarize’ Venezuela-Guyana disputed territory
The Venezuelan Foreign Minister says that the parliament recently passed a referendum protecting the sovereign territory from US encroachment, adding that the US is again trying to interfere in the 200-year-old dispute of Essequibo.
US seeks to ‘militarize’ Venezuela-Guyana disputed territory
Related:
Exxon Is The Biggest Winner In Guyana’s Epic Oil Boom
China and Venezuela to Establish ‘All-Weather Strategic Partnership’, Sign 31 Cooperation Agreements
The Venezuelan leader added that his country would continue to back China’s Belt and Road Initiative as well as the internationalization of the yuan, and is also willing to cooperate with Beijing in multilateral forums such as the BRICS group and the United Nations (UN).
Biden smacked by Solomon Islands PM, who refused to meet. “No one lectures me.”
Pakistan, Saudi Arabia agree to deepen cooperation in diverse sectors
Pakistan, Saudi Arabia agree to deepen cooperation in diverse sectors
Foreign Minister thanked the Saudi leadership for their generous and unwavering support for Pakistan which was particularly instrumental in securing the deal with the IMF.
Previously:
Bombs for Bailouts: Pakistan Supplied Weapons to Ukraine in Return for U.S.-Brokered IMF Loan
Bombs for Bailouts: Pakistan Supplied Weapons to Ukraine in Return for U.S.-Brokered IMF Loan
The Biden administration helped Pakistan get a controversial new bailout from the International Monetary Fund after Pakistan agreed to secretly sell arms to the United States for the war in Ukraine, according to a new blockbuster report by The Intercept. The deal allows Pakistan to sell some $900 million in munitions while keeping IMF loans flowing to the government in Islamabad amid a spiraling economic crisis, which is driven at least partly by the austerity measures imposed by the IMF loan. Pakistan’s position on the war in Ukraine has shifted significantly since Russia’s invasion and the ouster of Prime Minister Imran Khan, who was removed from office in 2022 under pressure from U.S. diplomats who objected to his “aggressively neutral” stance on the war. Khan is now imprisoned in Pakistan on corruption charges. Meanwhile, the caretaker government backed by Pakistan’s powerful military has delayed planned elections, widely seen as an attempt to block Khan’s supporters from power. “When the United States has a primary foreign policy objective, in particular when it’s a war, everything else falls away. That’s what you’re seeing in Pakistan now,” says The Intercept’s Ryan Grim.
Bombs for Bailouts: Pakistan Supplied Weapons to Ukraine in Return for U.S.-Brokered IMF Loan
Related:
“U.S. Helped Pakistan Get IMF Bailout With Secret Arms Deal For Ukraine, Leaked Documents Reveal”
Railway planned as part of India – Middle East – Europe Economic Corridor
ASIA: Ambitions to develop an India – Middle East – Europe economic corridor with sea transport from India to the Gulf region and a railway linking Middle Eastern countries with each other and to Europe were announced at the G20 summit in New Delhi.
Railway planned as part of India – Middle East – Europe Economic Corridor
Related:
FACT SHEET: World Leaders Launch a Landmark India-Middle East-Europe Economic Corridor
Neo-Con study: Why a New Black Sea Strategy is in the U.S. Interest + The Middle Corridor
Actually, China’s military isn’t going global
Yesterday, the New York Times published a guest essay by Craig Singleton, a fellow at the Foundation for Defense of Democracies, entitled “China’s Military is Going Global.” Singleton argues that Beijing is well on its way to building a globe-spanning network of “strategic strong points along China’s major trade, energy, and resource routes” that pose a dire military threat to the United States.
Actually, China’s military isn’t going global
China’s SMIC Allegedly Violated U.S. Sanctions Selling Chips to Huawei
SMIC should not have supplied Huawei Kirin 9000s processor, says U.S. lawmaker.
China’s SMIC Allegedly Violated U.S. Sanctions Selling Chips to Huawei
Related:
China’s Top Chipmaker Appears to Have Violated Sanctions, US Congressman Says
Ms. Cat’s Chronicles 
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