Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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Sri Lanka, a flourishing island nation of 22 million, has finally fallen to China&#39;s debt-trap diplomacy.

As Sri Lanka faces its worst economic crisis in decades and struggles to pay loans, China turns a blind eye after ensnaring the..."/>
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Sri Lanka, a flourishing island nation of 22 million, has finally fallen to China&#39;s debt-trap diplomacy.

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                            <p style="text-align:justify">-ANI/ Business Standard</p><p style="text-align:justify"><em>Sri Lanka, a flourishing island nation of 22 million, has finally fallen to China&#39;s debt-trap diplomacy.</em></p><p style="text-align:justify">As Sri Lanka faces its worst economic crisis in decades and struggles to pay loans, China turns a blind eye after ensnaring the island nation into a debt trap.</p><p style="text-align:justify">Sri Lanka is now facing the worst economic crisis since gaining independence in 1948. The recession is attributed to foreign exchange shortages caused by the clampdown on tourism during the COVID-19 pandemic. This has left the country unable to buy enough fuel, with people facing acute scarcity of food and basic necessities, heating fuel and gas.</p><p style="text-align:justify">As the economic crisis took hold of Sri Lanka, India has made a serious effort to bail out its beleaguered neighbour.</p><p style="text-align:justify">Please <a href="https://www.business-standard.com/article/international/sri-lanka-caught-in-a-strategic-debt-trap-122040500101_1.html?fbclid=IwAR3IR1ux_wdUVAVIJITyIx4c77mALmd_8juuHhtGoPz3-mVw9lT8zVJpSeU" title="https://www.business-standard.com/article/international/sri-lanka-caught-in-a-strategic-debt-trap-122040500101_1.html?fbclid=IwAR3IR1ux_wdUVAVIJITyIx4c77mALmd_8juuHhtGoPz3-mVw9lT8zVJpSeU">click here</a> to read more.&nbsp;</p>                                                           
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                            <p style="text-align:justify">-ANI/ Business Standard</p><p style="text-align:justify"><em>Sri Lanka, a flourishing island nation of 22 million, has finally fallen to China&#39;s debt-trap diplomacy.</em></p><p style="text-align:justify">As Sri Lanka faces its worst economic crisis in decades and struggles to pay loans, China turns a blind eye after ensnaring the island nation into a debt trap.</p><p style="text-align:justify">Sri Lanka is now facing the worst economic crisis since gaining independence in 1948. The recession is attributed to foreign exchange shortages caused by the clampdown on tourism during the COVID-19 pandemic. This has left the country unable to buy enough fuel, with people facing acute scarcity of food and basic necessities, heating fuel and gas.</p><p style="text-align:justify">As the economic crisis took hold of Sri Lanka, India has made a serious effort to bail out its beleaguered neighbour.</p><p style="text-align:justify">Please <a href="https://www.business-standard.com/article/international/sri-lanka-caught-in-a-strategic-debt-trap-122040500101_1.html?fbclid=IwAR3IR1ux_wdUVAVIJITyIx4c77mALmd_8juuHhtGoPz3-mVw9lT8zVJpSeU" title="https://www.business-standard.com/article/international/sri-lanka-caught-in-a-strategic-debt-trap-122040500101_1.html?fbclid=IwAR3IR1ux_wdUVAVIJITyIx4c77mALmd_8juuHhtGoPz3-mVw9lT8zVJpSeU">click here</a> to read more.&nbsp;</p>                                                           
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Sri Lanka, a flourishing island nation of 22 million, has finally fallen to China&#39;s debt-trap diplomacy.

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                            <p style="text-align:justify">-ANI/ Business Standard</p><p style="text-align:justify"><em>Sri Lanka, a flourishing island nation of 22 million, has finally fallen to China&#39;s debt-trap diplomacy.</em></p><p style="text-align:justify">As Sri Lanka faces its worst economic crisis in decades and struggles to pay loans, China turns a blind eye after ensnaring the island nation into a debt trap.</p><p style="text-align:justify">Sri Lanka is now facing the worst economic crisis since gaining independence in 1948. The recession is attributed to foreign exchange shortages caused by the clampdown on tourism during the COVID-19 pandemic. This has left the country unable to buy enough fuel, with people facing acute scarcity of food and basic necessities, heating fuel and gas.</p><p style="text-align:justify">As the economic crisis took hold of Sri Lanka, India has made a serious effort to bail out its beleaguered neighbour.</p><p style="text-align:justify">Please <a href="https://www.business-standard.com/article/international/sri-lanka-caught-in-a-strategic-debt-trap-122040500101_1.html?fbclid=IwAR3IR1ux_wdUVAVIJITyIx4c77mALmd_8juuHhtGoPz3-mVw9lT8zVJpSeU" title="https://www.business-standard.com/article/international/sri-lanka-caught-in-a-strategic-debt-trap-122040500101_1.html?fbclid=IwAR3IR1ux_wdUVAVIJITyIx4c77mALmd_8juuHhtGoPz3-mVw9lT8zVJpSeU">click here</a> to read more.&nbsp;</p>                                                           
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Sri Lanka caught in a 'strategic debt trap', faces worst economic crisis

Published on Apr 5, 2022   Modified on Apr 6, 2022

-ANI/ Business Standard Sri Lanka, a flourishing island nation of 22 million, has finally fallen to China's debt-trap diplomacy. As Sri Lanka faces its worst economic crisis in decades and struggles to pay loans, China turns a blind eye after ensnaring the island nation into a debt trap. Sri Lanka is now facing the worst economic crisis since gaining independence in 1948. The recession is attributed to foreign exchange shortages caused by the clampdown on tourism during the COVID-19 pandemic. This has left the country unable to buy enough fuel, with people facing acute scarcity of food and basic necessities, heating fuel and gas. As the economic crisis took hold of Sri Lanka, India has made a serious effort to bail out its beleaguered neighbour. Please click here to read more.

ANI/ Business Standard, 5 April, 2022, https://www.business-standard.com/article/international/sri-lanka-caught-in-a-strategic-debt-trap-122040500101_1.html?fbclid=IwAR3IR1ux_wdUVAVIJITyIx4c77mALmd_8juuHhtGoPz3-mVw9lT8zVJpSeU

Tagged with: Balance of Payments Balance of Payments Crisis China International Debt Sri Lanka sovereign bond BRI Belt and Road Initiative Infrastructure Loans Debt Burden

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