‘Opaque’ loans from China hurt Sri Lanka: USAID Administrator

“Opaque” loans for “headline-grabbing” infrastructure projects, were among the factors behind the current crisis that has engulfed Sri Lanka, said Samantha Power, Administrator, United States Agency for International Development (USAID), on Wednesday. Delivering a speech at the IIT-Delhi, Ms. Power praised India’s “swift” action in response to the emergency in…