An International Monetary Fund (IMF) staff team has concluded discussions with Sri Lankan authorities on the country’s seventh review under its Extended Fund Facility (EFF) arrangement and the 2026 Article IV Consultation,
Europe’s top banks have paid out more than €1.1 billion in severance to senior staff since 2018, underscoring the sweeping restructuring efforts the industry has undertaken in response to shifting market dynamics
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China’s leading automakers, including BYD, Geely, and Xiaomi, have pledged to make more timely payments to their suppliers, following regulatory pressure from Beijing aimed at curbing controversial industry practices during a fierce
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As the UN Ocean Conference (UNOC) approaches, bringing renewed attention to SDG 14 (Life Below Water) and the rights of ocean-dependent communities, India’s Vizhinjam coast highlights the environmental injustice and human cost
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Dr. Gita Gopinath, the First Deputy Managing Director (FDMD) of the International Monetary Fund (IMF), will visit Sri Lanka from June 15 to 16, 2025, in what marks a significant and symbolic
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Nearly one in five people globally believe they will be unable to have as many children as they would like, according to a new report by the United Nations Population Fund (UNFPA),
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Apple users have a new reason to rejoice—and perhaps breathe a sigh of relief the next time they’re stuck on hold. At its annual Worldwide Developers Conference (WWDC), Apple revealed “Hold Assist,”
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NATO fighter jets were scrambled over Poland early Monday in response to a massive Russian aerial assault on Ukraine, marking one of the most intense cross-border alert operations in recent months. The
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Errol Musk, the father of tech billionaire Elon Musk, has ignited controversy after publicly praising Russian President Vladimir Putin as a “very stable and pleasant man” during a high-profile appearance at a
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The head of the Panama Canal Authority has voiced serious concerns that a $23 billion global ports transaction involving Hong Kong’s CK Hutchison could threaten the long-held neutrality of the strategic waterway.
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Huawei’s founder, Ren Zhengfei, has publicly dismissed claims that his company is closing the technology gap with the U.S., saying its AI chips still trail behind American rivals — a comment seen
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The European Union is accelerating efforts to take greater control of its cybersecurity capabilities, following a recent funding scare in the United States that exposed Europe’s dependence on American-led digital security systems.
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Central Huijin, the state-owned investment arm of China’s sovereign wealth fund, has emerged as a dominant force in the country’s financial markets, following an unprecedented surge in interventions aimed at supporting the
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by Luxman Aravind History may one day record that while Western democracies stagnated in performative dysfunction, a once-impoverished civilisation, under the stewardship of Xi Jinping and the CPC, executed the most expansive
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Multiple explosions and a raging fire broke out aboard a Singapore-flagged cargo vessel en route to Mumbai on Monday, resulting in 40 containers plunging into the Arabian Sea and prompting a harrowing
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Editorial This is not a mere administrative blunder or isolated misdeed. The recent exposé revealing that Anuradhapura Prison officials, under the facade of presidential clemency, deliberately released dangerous felons with forged documents,
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