Sri Lanka, Pakistan, and the Maldives are among the biggest debtors to China. Pakistan owes USD 77.3 billion of external debt to China, according to Forbes. The Maldives’ debt represents 31% of its gross national income (GNI). Maldives’ total debt will amount to MVR 86 billion by the end of 2020, 44 billion of which is external debt, according to The Island Online. Forbes, collecting data from the World Bank report as of 2020, said that 97 countries across the globe are under Chinese debt. Countries heavily in debt to China are mostly located in Africa, but can also be found in Central Asia, Southeast Asia, and the Pacific.
China is reaching most of the countries under the One Belt and Road scheme. The world’s low-income countries will owe 37% of their debt to China in 2022, compared to just 24% in bilateral debts to the rest of the world. The Chinese global project to finance the construction of port, rail, and land infrastructure across the globe has been a significant source of debt to China for participating countries, reported The Island Online.
Those with the highest external debt to China are Pakistan at USD 77.3 billion, Angola at USD 36.3 billion, Ethiopia at USD 7.9 billion, Kenya at USD 7.4 billion, and Sri Lanka at USD 6.8 billion. The Maldives newspaper reported that according to statistics released by the Finance Ministry, Maldives’ debt rose to MVR 99 billion by the end of Q1 2022, according to the end of 2023, Ethiopia, Ethiopia, Kenya, and Sri Lanka at USD 7.4 billion, and Sri Lanka at USD 7.4 billion. It made up 113% of GDP.
The countries with the biggest debt burdens in relative terms were Djibouti and Angola, where debt to China exceeded 40% of gross national income, an indicator similar to GDP but also including income from overseas sources.
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After shooting at Russian school, six people, gunman dead
A shooter killed six people and injured 20 others in a school in the central Russian city of Izhevsk on Monday morning.
According to the Udmurtia branch of the interior ministry, the shooter killed himself. According to the Russian official, the school has been closed and the surrounding area has been fenced off.
Alexander Brechalov, the governor of the Udmurtia region, of which Izhevsk is the capital, stated in a video message that the as-yet unidentified shooter entered the school and killed a guard and some of the students present. Children among the victims and wounded, according to Brechalov.
(More details are awaited.)
Storm sweeps away at least 20 homes into the ocean within seconds in Canada
As powerful storm Fiona swept houses into the sea and caused major power outages in the country, many parts of Canada suffered immense devastation on Sunday. According to the reports, death of two people had been reported as of now.The storm packed intense winds of 80 miles per hour upon its arrival in Canada, resulting in torrential rain and waves of up to 40 feet.In a spine chilling video shared widely on social media, homes in Canada can be seen being washed up by the ocean as hurricane Fiona battered port Aux Basques.Reuters reported, Storm surges swept at least 20 homes into the sea in the town of Channel-Port aux Basques.Mayor Brian Button described “a total war zone” in the area as 200 residents were evacuated before the storm hit.In Canada, over 300,000 people remained without electricity across five provinces after the storm hit.Canadian prime minister Justin Trudeau said that he had met with the Incident Response Group to ensure that “resources are available to help those affected by the storm.”
Ban on export of chemical weapons-related goods to Russia by Japan, concerned by nuke threats
Chief Cabinet Secretary, Hirokazu Matsuno, said on Monday that Japan has made a decision to ban export of all chemical weapons-related goods to Russia in an additional sanction against Moscow over its invasion of Ukraine, and is “deeply concerned” about the possible use of nuclear weapons.According to a government statement released after Monday’s cabinet meeting, which formally approved the new sanction measures announced by the foreign minister at a Group of Seven meeting last week, Japan also added 21 Russian organisations such as science labs as the target of existing export bans.Matsuno also said, “Japan is deeply concerned about the possibility of nuclear weapons used during Russia’s invasion of Ukraine.”He also said that Japan will continue to work with the international society in supporting Ukraine and sanctioning Russia.
‘Catastrophic consequences,’ says Biden after Putin threatens to use nuclear weapons
The rhetorical war between Russia and the United States over the use of nuclear weapons in Ukraine heats up. The US has warned Moscow that the consequences will be “catastrophic.”
U.S. In an interview, Secretary of State Antony Blinken confirmed reports that the US had privately warned the Putin administration to avoid nuclear war.
Not only Blinken, but Joe Biden’s National Security Advisor, Jake Sullivan, stated that the US has warned Russia of “catastrophic consequences” if nukes are used.
The warnings follow Putin’s veiled threat to use nuclear weapons in a speech on September 21 that announced the expansion of Ukraine’s operation.
State funeral of Shinzo Abe: What all will it involve?
The state funeral of Japanese Prime Minister Shinzo Abe, who was assassinated on July 8 in the city of Nara during a campaign speech, will take place on September 27 and is expected to see thousands of attendees.
According to Japan Times, representatives from over 217 countries and international organizations are expected to participate in the state funeral which is slated to start at 2 p.m. on Tuesday at the Nippon Budokan in central Tokyo.
Abe’s funeral on September 27 will be the second state funeral for a former prime minister since World War 2.
The first one was held in 1967 for Shigeru Yoshida. Other deceased prime ministers received a joint Cabinet Office and Liberal Democratic Party service.
The state funeral ceremony will be the first major public event since new police security guidelines were implemented, including sniffer dogs at train stations and police patrols at Tokyo-area airports after Abe’s assassination on 8 July.
Several foreign dignitaries are expected to attend the funeral service in Tokyo.
Prime Minister Narendra Modi will also attend the state funeral of former Japanese Prime Minister Shinzo Abe and separately meet Japanese Prime Minister Fumio Kishida.
No peace in Taiwan if China is not ‘reunified’: Beijing at UNGA
Reiterating its claim over Taiwan, China on Saturday said peace across Taiwan can be ensured only when China is completely reunified with the self-governed island nation and any move to obstruct China’s reunification is bound to be crushed by the wheels of history.
“Only when China is completely reunified can there be enduring peace across Taiwan. Any scheme to interfere in China’s internal affairs is bound to meet the strong opposition of all Chinese and any move to obstruct China’s reunification is bound to be crushed by the wheels of history,” Chinese Foreign Minister Wang Yi said at the 77th Session of the United Nations General Assembly. Wang Yi said that all “stolen” territories including Taiwan shall be restored and reiterated that Taiwan has been an inseparable part of China’s territory.
“Since ancient times, Taiwan has been an inseparable part of China’s territory…It is explicitly stated in the Potsdam Proclamation that all the territories that Japan has stolen from the Chinese including Taiwan shall be restored to China,” the Chinese Foreign minister said.
China’s ruling Communist Party claims that Taiwan is part of its territory, despite having never governed it, and has refused to rule out the use of force to bring it under control.
In line, after the US House speaker Nancy Pelosi visited Taiwan last month, China has over time reiterated that there is only one China in the world and Taiwan is an inalienable part of China’s territory.
China claims that the government of the People’s Republic of China is the sole legal government representing the whole of China.
China’s Foreign Ministry condemned Pelosi for what it described as her “vicious and provocative actions,” saying her trip to Taiwan amounted to “seriously interfering in China’s internal affairs.” China also increased its military activities around the Island nation.
Amid the tension between US and China, US Secretary of State Antony Blinken met his Chinese counterpart Wang Yi on Friday and stressed for preserving peace and stability across the Taiwan Strait.
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