IMF and other multilateral lenders during India’s G20 presidency in 2023.

“This shows how vested interests of powerful countries can influence decisions,” an economist who didn’t want to speak on the record told the BBC. Addressing this imbalance was a key proposal in the reforms mooted for the IMF and other multilateral lenders during India’s G20 presidency in 2023. In their report, former Indian bureaucrat NK … Read more

Why India could not stop IMF bailout to Pakistan

Last week the International Monetary Fund (IMF) approved a $1bn (£756m) bailout to Pakistan – a move that drew sharp disapproval from India as military hostilities between the nuclear-armed neighbours flared, before a US-led ceasefire was unexpectedly declared. Despite India’s protests, the IMF board approved the second instalment of a $7bn loan, saying Islamabad had demonstrated strong … Read more

‘Unbearable suffering’: Australian writer pens letter from Chinese jail

An Australian novelist jailed in China has in a letter to his supporters and Australian Prime Minister Anthony Albanese detailed his “unbearable suffering” as he enters his seventh year in detention. Chinese-born Yang Hengjun was last year handed a suspended death sentence by a Beijing court on espionage charges, something he denies. In his letter, he thanked … Read more

The army has accused the United Arab Emirates (UAE) of supplying the paramilitary fighters

he paramilitary group has not directly addressed the Port Sudan drone attacks. Rather, it has repeated its assertion that the SAF is supported by Iran and accused the armed forces of targeting civilian infrastructure and state institutions, calling the military strikes on Khartoum and RSF-held areas in the west and south of the country war … Read more