Finance debt

China cut lending to Africa in 2019 as debt fears rise

China’s loans to African countries declined dramatically before the pandemic hit, according to New research, suggesting that lenders have worried about the sustainability of rising debt levels on the continent. Chinese loans to African public sector borrowers hit $ 28 billion five years ago, but have since fallen to just …

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Why Russia is terrified of SpaceX – and Starlink

SpaceX wants to bring Fast high-speed satellite internet around the world – and in particular, Internet users in remote rural areas, where download speeds are low and prices are high. One of the first places in America to benefit from SpaceX Starlink service was Alaska, the state with the lowest …

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