Venezuela secures $5bn loan from China

Venezuela has secured a loan ... barrels of oil to China daily, with this expected to rise to one million. China is now Venezuela’s primary financial backer The loan comes at an important time for ... Read More

In Default on $154 Billion of Debt, Venezuela Is Ready to Talk

After years of fits and starts, Venezuela is setting the stage for one of the largest and most complex debt restructurings in decades — unwinding a $154 billion web of defaulted bonds, loans and legal ... Read More

BRICS Development Bank Aims to Make $5 Billion in Loans in 2024

BRICS Development Bank Aims to Make $5 Billion in Loans in 2024 BOAO ... Zhou did not elaborate on how the bank may have been off track, but said China and India have received slightly more ... Read More

World News

The U.S. Senate approved a package that includes $26 billion in ... Israel says an assault on Gaza’s southernmost city is vital to dismantling Hamas and has proposed evacuating civilians. Read More

Revealed: The Countries That Owe China Billions

Facing sanctions from many of the world’s prominent lenders due to human rights violations, Myanmar has relied on China as ... by a $3.5 billion loan, which researchers say would take around ... Read More

China rolls over $2 billion loan to Pakistan, says finance minister

China has rolled over a $2 billion loan to Pakistan ... sources say. Pakistan's cash-strapped economy is struggling to stabilise from a financial crisis and secured a $3 billion standby ... Read More

Biden Is Unlikely to Reimpose Oil Sanctions on Venezuela

Restricting Western oil companies would tighten global energy supplies and open the way for Chinese investment in Venezuela, they say. Read More

5 Best Secured Loans of April 2024

He has also written and edited for CreditCards.com, The Points Guy and The Motley Fool Ascent. Secured loans can be easier to qualify for than unsecured loans, making them an appealing option if ... Read More

Britain ‘risks relying on China for net zero’

Britain and Europe risk becoming dependent on China to hit net zero without a massive increase in battery production, the International Energy Agency has warned. Read More

Trump Has Trademarks In Iran, Cuba, Venezuela And 84 Other Countries

The Republican frontrunner has secured ... mainland China — plus 21 more in Hong Kong and Macau, both China-controlled — compared to 56 in the U.S. and its territories. After the world ... Read More

China sets growth target of 5%, but says will be tough

Premier Li Qiang aims for 5% economic growth in China. He outlined plans to boost ... starting with 1 trillion yuan (about $139 billion) this year. The money would be spent to implement "major ... Read More

Brics: What is the group and which countries have joined?

The expanded group has a combined population of about 3.5 billion, or 45% of the ... Brics, China is trying to grow its power and influence - especially in Africa," he says. Read More