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Sri Lanka Warns of Looming Foreign Debt Crisis, Blames Previous Govt

Finance Minister Mangala Samaraweera said payments of capital and interest would reach $2.84 billion this year, mostly to repay loans for extravagant projects under former president Mahinda Rajapakse.

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North Korea Seen Looking to China, Not US, for Help in Any Economic Transformation

In the run up to the unprecedented summit between Trump and North Korean leader Kim Jong Un on Tuesday in Singapore, it has been China that ...