External Debt

Russian finances strong but economic problems persist

In the past couple of years, Moscow reduced foriegn debt and saved money to fight any eventuality. But it will need much more to fight its economic woes.

More countries follow Imran Khan’s lead in calling for debt relief

As fears of a global recession grow as a result of the Covid-19 spread, African countries, along with the World Bank, have issued calls for a moratorium on debt payments.

China's 'debt-trap' diplomacy is little more than a fantasy

Beijing is often accused of using loans to entrap economically vulnerable countries, but on closer inspection, it doesn't come across as a predatory lender.