All posts tagged: interest payments

Interest Based Debts Extended to Us by Colonialist Powers and their Tools Only Ensure Our Economy Sinks in Debt, Not Progress

On 9 January 2022, the embattled Sri Lankan President, Gotabaya Rajapaksa, during a meeting with the Chinese Foreign Minister, Wang Yi in Colombo, requested the lightening of interest-based debt repayments to China. Over the last decade China has lent Sri Lanka over $5 billion for highways, ports, an airport and a coal power plant, as […]

ERDOĞAN’S ONLINE MEETING WITH 26 US COMPANIES

Prior to his first face-to-face meeting with US President Biden, President Erdoğan held a meeting with the executives of US large companies. Reuters news agency reported that the top executives of about 20 companies, including Boeing, Amazon, Microsoft, Kellogg, PepsiCo, Cisco, Procter & Gamble and Johnson & Johnson, participated in the meeting. (DW)