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: Uzbekistan
Wang Yi Makes Unannounced Visit to Uzbekistan on His Way to Europe
China's top foreign policy official, Wang Yi, made an unannounced stopover in the Uzbek capital of Tashkent to meet with acting foreign minister Bakhtiyor Saidov. After the meeting, Wang then traveled to Paris, where he met with French President ...
Friends Without Benefits?
By Chris Alden It seems a long time since the joint declaration on 4 February 2022 between President Xi Jinping and President Vladimir Putin declared their ‘friendship without limits’ as crucial to ushering in a ‘new era’ in international relations. That ...
Xi and Modi’s Frosty Encounter At SCO Summit Worrisome For Asia-Pacific Region
There was a lot of speculation, including from us, that this month's pullback of Chinese and Indian troops along their disputed border in the Himalayas was a goodwill gesture to set the stage for a sideline meeting between Xi and Modi at last week's SCO summit in ...
Xi’s Arrival in Kazakhstan Signals New Phase of Diplomacy
Xi Jinping is back. The Chinese President emerged from nearly three years of diplomatic hibernation on Wednesday when he landed in the Kazakh capital Nur-Sultan for a one-day visit ahead of the Shanghai Cooperation Organization (SCO) summit that will take place at the end of the week ...
Confirmed: Xi Jinping Will Travel to Central Asia this Week
It’s finally been confirmed: Chinese President Xi Jinping’s first foreign visit since the beginning of the pandemic will be to Kazakhstan and Uzbekistan this week. In addition to state visits, he’ll also attend the Shanghai ...
