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Debt-trap diplomacy is a term to describe an international financial relationship where a creditor country or institution extends debt to a borrowing nation partially, or solely, to increase the lender's political leverage.
In December 2021, BBC contacted Bräutigam to give a brief explanation of debt trap diplomacy, an example of it, and why the evidence doesn't support it. The morning after, a BBC broadcast recording used clips of the brief interview with Bräutigam and misrepresented her position on the debt-trap issue, discarding all the evidence she brought ...
China's overseas lending is not a "debt trap", former central bank governor Zhou Xiaochuan has said, after two of the world's biggest international financial institutions warned of growing credit ...
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There’s nothing like seeing the world of politics collide with comedy. The president of the United States has the most The post The funniest presidential moments in modern history appeared first ...
The “ tuna bond ” scandal that shook Mozambique's economy is washing into a U.S. court, where a former Mozambican finance minister is being tried on charges that he took bribes to commit his ...
He said China "wants a different American president", and accused the country of meddling in U.S. elections. He said China was building "an unparalleled surveillance state" to suppress minorities, and accused it of engaging in "debt-trap diplomacy". In regards to Taiwan, he said "while our administration will continue to respect our One China ...
Private Eye had covered the case of a Mr J. Arkell, whom the Eye accused of receiving kickbacks from a debt collection agency in his role as retail credit manager at Granada Group. [8] [9] The plaintiff's lawyers wrote a letter which concluded "His attitude to damages will be governed by the nature of your reply." The magazine's response was ...