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Is Sri Lanka a victim of Chinese ‘debt traps’? – BBC Newsnight

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Sri Lanka’s economic crisis continues to run out of control and the country is requesting an emergency bailout from the International Monetary Fund.

However, the major debts the country has racked up in borrowing from China are standing in the way of a bailout being agreed.

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Chinese money has flooded into many developing countries over the past few years but some claim that these loans are designed as ‘debt traps’.

It’s claimed that if a country can’t repay then China is entitled to seize critical infrastructure such as ports and thereby strengthen it’s global influence.

Others suggest that China is not in fact exploiting developing nations but their investment may facilitate more local level corruption.

Newsnight’s economics editor Ben Chu went to Sri Lanka to investigate the impact of Chinese money and what implications this may have for the global cost of living crisis.

The film was produced by Scarlett Barter and filmed/ edited by Jack Garland. Production support was provided by Zaufaran Mohamed.

Newsnight is the BBC’s flagship news and current affairs TV programme – with analysis, debate, exclusives, and robust interviews.

Website: https://www.bbc.co.uk/newsnight
Twitter: https://twitter.com/BBCNewsnight
Facebook: https://www.facebook.com/bbcnewsnight.

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Iran closes Strait of Hormuz again over continued US blockade of ports, state media says | BBC News

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Iran’s military has said it will close the Strait of Hormuz in response to the US maintaining its blockade, Iranian state media reports.

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Religious group members questioned over modern slavery | BBC News

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Police are continuing to investigate allegations of sexual abuse, forced marriage and modern slavery connected to a religious community in Cheshire, England.

Ten people were arrested since Wednesday as 500 police officers were involved in raids on properties connected to members of the Ahmadi Religion of Peace and Light (Arpol). The allegations are related to a woman who was previously part of the community.

About 150 people are understood to live at its base at Webb House, which was targeted by police, as well as raids on two other properties owned by Arpol.

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For the latest news download the BBC News app or visit BBC.com/news

#Cheshire #England #BBCNews

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Sunshine & Secrets: The Hidden Side of IVF | BBC News Documentary

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What happens when the sperm or egg donor you choose isn’t the one you get?

Northern Cyprus is a sun-soaked haven for affordable IVF. But behind the glossy clinic websites, parents are discovering their chosen sperm or egg donors might not have been used.

A BBC investigation follows parents searching for answers and children wondering where they have come from.

Details of organisations offering information and support with infertility are available on the Pregnancy related issues page at bbc.co.uk/actionline

In the UK, see more from BBC News on the BBC iPlayer: https://bbc.in/4uHp0ht

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Why the US-Israel war with Iran has been bad news for China too | The Global Story

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As the US-Israel war with Iran reaches a diplomatic stalemate – one idea seems to be taking hold: that China is the real winner.

Some have argued that the US’s biggest rival is quietly boosting its international standing, leverage and reputation as a reliable partner.

Yet beneath the surface the economic situation in China looks far less triumphant.

We speak to the BBC China Correspondent Laura Bicker who has been reporting from inside China’s factories and trading hubs to explore whether the potential political gains China may be accruing from the Iran war are being offset by the acute economic cost – and what this means for China’s long-term geopolitical ambitions.

New episodes of The Global Story are released daily. If you’re in the UK, listen on BBC Sounds. If you live outside the UK, listen on BBC.com or wherever you get your podcasts.

Listen to the podcast here: https://app.magellan.ai/listen_links/the-global-story-ytl

Subscribe to our channel here: https://bbc.in/bbcnews

For the latest news download the BBC News app or visit BBC.com/news

#BBCNews #China #Iran

Chapters:
00:00 Introduction
01:39 Is China an ally of Iran?
03:51 ‘The Axis of upheaval’
05:31 Is the US-Israel war with Iran an opportunity for China?
09:31 China’s reliance on exports
12:30 The world’s largest trade fair
18:12 What do Chinese people think about Donald Trump?
19:56 Has the Iran war been bad news for China?
21:40 What will happen when Donald Trump visits China?

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Germany: US troops in both countries’ interests | BBC News

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Germany’s Defence Minister Boris Pistorius has said US troops in his country was in the interest of both Germany and the US.

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