China has Provided $240 Billion in Bailout Loans to Belt and Road Countries

Between 2008 and 2021, China has granted rescue loans worth 240 billion dollars to 22 developing countries at risk of insolvency, reports “France Presse”. This is clear from a study…

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The Commission Considers Aid to Alitalia Illegal

The European Commission ruled on Friday that two Italian loans to the airline Alitalia, for a total of 900 million euros, constituted illegal state aid, while ruling in a related…

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Guaranteeing Plane SIA Loans 750 Million Singapore Dollars

Singapore Airlines or SIA pledged some of its planes to get long-term loans worth 750 million Singapore dollars to sustain liquidity. Singapore Airlines (SIA) claimed to have succeeded in obtaining…

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