NASA Earth Observatory Goes to the Beach. Summer is beach season in the northern hemisphere. But even if you're a regular at your local swimming hole, you probably haven't seen too many beaches from this perspective.
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· About billion of China's BRI engagement in the first half of the year went toward investments and billion went to construction contracts partly financed by Chinese loans. That took China's total financial engagement since the initiative's launch in 2013 to 931 billion, according to the report. Energy Spending.
· projects get completed and are functional. Disadvantages. Projects are created that are too large and too elaborate for the host country. This tremendously increases costs. If a host country cannot repay the loan, China will lease the infrastructure, sometimes for 99 years. This is a form of taking control of parts of the host country.
He added that the effort is to get these enterprises at least to the breakeven level of performance." Among other items discussed was the sale of "nonstrategic" assets such as the Colombo Hilton Hotel, Lanka Hospitals, the Hyatt Hotel and Sri Lankan Airlines. The IMF has estimated their sale could earn the government billion.
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· Sri Lanka's leader of Opposition Sajith Premadasa in a letter to newly appointed Prime Minister Ranil Wickremesinghe said that solutions to the economic and political crisis must be found in accordance with the wishes of people. "The Samagi Jana Balawegaya (SJB) and Samagi Jana Bala Sandanaya (SJBS) are of the opinion that in finding a solution to the most .
· Victorious as war heroes during the decade of, his elder brother Mahinda—thenpresident of Sri Lanka—and his three brothers controlled "many government ministries and around 80 percent of total government spending.". These strongmen also "negotiated directly" with China while considering the island nation as an extended ...
By David Byler 8th Generation CroatianAmerican. Phil Boskovich, King of Onions, descendant of Croatian immigrants, dies in 2013 at the age of 97. George Mikan gentle giant and the first big dominant basketball player in the history of NBA has Croatian roots. Joseph Thomas Rukavina Croatian humanitarian and Democratic activist in the USA.
· China in talks to help out with Sri Lanka's snowballing debt. Meanwhile, Sri Lanka has started discussions with China about refinancing its debt, as Colombo teeters on the brink of its first debt default while struggling with its worst economic crisis since its independence in 1948. Sri Lanka, an island country of 22 million people, has a ...
· Khwarazm was a Turkic Empire that ruled Iran. It consisted of Iran, Turkmenistan, Uzbekistan, parts of Kazakhstan, Tajikistan, Kyrgyzstan, and much of northwestern India, which is today's Afghanistan. Genghis Khan sacked and destroyed the great cities of Samarkand, Bukhara, Nishapur, Otrar, and Gurganj. He laid the Islamic heartland to waste.
· Sri Lanka's prime minister said late last month that the island nation's debtladen economy had "collapsed" as it runs out of money to pay for food and fuel. Short of cash to pay for imports of such necessities and already defaulting on its debt, it is seeking help from neighbouring India and China and from the International Monetary Fund.