Recent Posts

International Debt: A Tale of Two Stories

The International Debt Statistics (2022) published by the World Bank has revealed that the external debt of 123 low- and middle-income countries have increased on average 5.6 percent to $8.7 trillion in 2020. It shows devastating impact of the pandemic on economy of the developing countries. The G20 creditors have …

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U.S. Warships Pass Taiwan Strait

The U.S. has deployed two of its warships to the Taiwan Strait in a first such mission since the controversial visit of U.S. House Speaker Nancy Pelosi to Taipei, the Navy said on Saturday. Media reports said: USS Chancellorsville and USS Antietam, guided-missile cruisers, are sailing through international waters in …

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