Trouble in Paradise: Why Maldives Is on the Verge of Default
A note issued by the tiny island nation in the middle of the Indian Ocean is trading at low prices.
An island in the Maldives.
Photographer: NADJA BRANDTThis article is for subscribers only.
Welcome to The Brink. We’re Kerim Karakaya in London and Luca Casiraghi in Milan, where we have been looking into the travails of the sun-soaked Maldives. We also have the latest on Harland & Wolff, Tupperware and Dish. Follow this link to subscribe. Send us feedback and tips at debtnews@bloomberg.net or DM on X to @kerimkarakaya34.
The Maldives, a favorite destination for affluent honeymooners, is grabbing the headlines for all the wrong reasons.