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Foreign Affairs

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TexasTowelie

(118,124 posts)
Tue Aug 27, 2024, 04:59 AM Aug 2024

Maldives' Economy on the brink: Citizens struggle as Maldives Reserves dry up - Gravitas - WION [View all]



Maldives is spiraling into a financial crisis that threatens not only its regional standing but the livelihoods of its citizens. Reports indicate that the country's usable dollar reserves have completely run dry.

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The government in Maldives is trying to align more firmly with China while turning its back on India from where it derives income from tourism.
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