It wasn't long ago that rain would stop Martha Kapalu from travelling to the southern reaches of her island in Vanuatu. A $30 million budget lifeline from Australia has also helped by funding public services, giving Tonga's government financial breathing space to make debt repayments to China, Mr Duke says. Mr Duke said the money Pacific Island nations owed to …
LONDON — An Abu Dhabi-backed investment fund said Monday it has paved the way to take ownership of Britain’s Telegraph newspaper and The Spectator magazine after striking a deal with the publications’ previous owners to repay debts owed by them. RedBird IMI — a joint venture between RedBird Capital and Abu Dhabi’s International Media Investments, and led by former CNN …
