China has suspended the repayment of debts worth $2.1 billion from 24 nations. Chinese Finance Minister Liu Kun stated that the China International Development Cooperation Agency and the Exim Bank of China suspended the debt repayment worth $ 1.353 billion  while China Development Bank suspended debt repayments worth $ 748Continue Reading

The United Nations has voted in favor of Palestinian statehood and its right to self-determination. A resolution calling for the approval of Palestine’s statehood was submitted to the UN General Assembly’s Third Committee last Thursday. The Committee which deals with human rights and humanitarian affairs passed the resolution in favorContinue Reading