Bloomberg report in The Daily FT, Dec 31, 2022Debt restructuring has become an exhausting exercise for troubled nations as bilateral creditors bicker and some investors mount legal challengesBloomberg: In May, Sri Lanka defaulted on its overseas debt. Amid political upheaval and human suffering, the Indian Ocean island is still awaiting a $ 2.9 billion rescue by the International Monetary Fund. Lacking resources to buy even essentials like fuel, the economy is falling into an ever-deepening…
Posts tagged as “Indian”
Report in The Kathmandu Post, Dec 17, 2022Several businessmen and various truck associations protested at Belhiya checkpoint in Rupandehi district on Friday against the movement of overloaded Indian trucks. They said Indian trucks have been carrying loads up to three times more than the legal limit. Businessmen organised a protest march from the truck parking lot in Belhia to the customs office at the border chanting slogans. Stating that carrying weight beyond capacity by trucks…