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.
The bill comes as countries like Zambia and Sri Lanka face their loan renegotiations being dragged out for years as U.S.-based private lenders stonewall to obtain better deals. 52% of the ...
Country: Seychelles
New Chinese-Built Internet Cable Lands in Seychelles
The Chinese-built Pakistan & East Africa Connecting Europe (PEACE) sub-sea internet cable has now been extended to the African island nation of Seychelles. President Wavel Ramkalawan (photo) and Ambassador Guo Wei led a ceremony last week to mark the cable's landing in the Indian ...
China’s Ambassador to Seychelles Provides More Clues as to What Will Be On the FOCAC Agenda
Specific details about what will be on the agenda at the upcoming FOCAC conference have been rare. No official agenda has been published, which led observers to piece together the expected priorities based on statements and interviews with various Chinese officials. ...
Seychelles Doubles Down on Chinese Vaccines Amid Rising Infection Rates and Efficacy Concerns
A new batch of Sinopharm jabs landed in the Seychelles on Tuesday, highlighting the government's loyalty to the Chinese jab, even amid resurgent infection rates in the Indian Ocean island country. The Seychelles, more than almost any other country, took an early ...
As Infections Rise in Countries Previously Vaccinated With Chinese Jabs, Doubts Persist About Vaccine Efficacy
The effectiveness of Chinese-made vaccines is emerging as an enduring narrative in the U.S. media due in part to resurgent infection rates in countries that have relied heavily on Sinopharm and Sinovac jabs. But a lot of this coverage lacks nuance ...
Seychelles President: No Link Between Chinese Vaccine Efficacy and Surging Infection Rate
Seychelles President Wavel Ramkalawan insisted there's no link between a recent surge of COVID-19 infections and low efficacy rates of either the Chinese-made Sinopharm vaccine or the Covishield AstraZeneca jab imported from India. Infection rates have ...
Analysis from Cobus van Staden
Proposed New York Law Could Reshape Debt Negotiations Around the World
The Seychelles Is the New Focal Point to Evaluate the Effectiveness of Chinese-Made Vaccines
A new wave of COVID-19 infections is sweeping across the tiny Indian Ocean island of The Seychelles. This wasn't supposed to happen. With nearly 60% of its people vaccinated, The Seychelles has a higher inoculation rate than any other country and was widely presumed ...
The Winding Road of the COVID Crisis
One of the pandemic’s many challenges is how it outflanks our attempts to impose narratives on it. Humans are storytelling creatures – we use narrative to make sense of chaos and to prioritize threats. Each new phase of the pandemic scrambles the stories we used to make ...
Desperate to Source COVID Vaccines, Developing Countries Jostle to Buy Chinese Jabs
South African President Cyril Ramaphosa gave voice yesterday to the growing concern in developing countries about wealthy states hoarding COVID-19 vaccines. In his speech to the World Economic Forum in Davos, President Ramaphosa accused rich countries of acquiring as much as four times the ...
Wang Yi Wrapped Up Africa Tour With a Quick Stopover in The Seychelles Before Heading Back to Asia
Chinese Foreign Minister Wang Yi wrapped up his annual tour to Africa on Saturday with a quick stopover in the Indian Ocean island state of Seychelles, before heading back to Asia. During his half-day visit to Victoria, Wang met with Foreign Minister Sylvestre Radegonde and later with ...
China’s COVID-19 Vaccine Rollout Gains Momentum in Many Developing Regions
There's been a flurry of activity on the Chinese vaccine distribution front. Over the weekend, a growing number of countries across the Global South are taking delivery of Chinese-made COVID-19 vaccines even before they completed clinical trials or received WHO pre-qualification. ...