Day: June 8, 2023
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Proposed New York Law Could Reshape Debt Negotiations Around the World
A bill currently under consideration in New York State could reshape sovereign debt renegotiations around the world by making private creditors accept the same losses as the U.S. government would as a sovereign creditor instead of holding out for a full payback.
Backgrounder: How China is Consolidating Oil and Gas Supplies in the Middle East
Amid rising geopolitical tensions with the United States, China is moving to tighten its control over key routes that supply it with oil and liquid natural gas. Anxiety about the United States and its allies’ ability to block shipping at critical geographical
Whatever Happened to China’s South-South Climate Cooperation Fund? The Answer is “Unclear”
During a meeting with U.S. President Barack Obama in 2015, Chinese President Xi Jinping committed to providing 20 billion yuan ($3.1 billion) to help developing countries tackle climate change. Notably, this commitment didn’t contain a timeline. Now, with the promise to ...
Endangered Fish Are Disappearing Around a Chinese-Owned Mini-Hydropower Plant in Indonesia
For more than five years, Swarno Lumbangaol has been trying to preserve the Batak fish (Neolissochilus thienemannie) – an endangered species found only in Indonesia’s Lake Toba and its connected rivers – in his backyard pond. The task has proven ...