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,
The European Union is being inundated with ultra-potent cannabis, significantly increasing the risk of psychosis and other mental health disorders, according to a warning from the EU’s drugs monitoring agency. Alexis Goosdeel,
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Procter & Gamble announced plans to eliminate 7,000 jobs globally over the next two years, citing the need to cut costs and restructure its operations as it grapples with sluggish demand and
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Citigroup has cut approximately 3,500 technology jobs in mainland China, marking one of the largest downsizings by a foreign financial institution in the country in recent years. The move is part of
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Indian automakers are bracing for potential production halts as Beijing’s tightened restrictions on rare earth minerals and magnets continue to disrupt crucial supply chains, according to industry insiders cited by Nikkei Asia.
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In a dramatic escalation of political tension, President Donald Trump has signed an executive order directing federal authorities to investigate what he calls a “historic cover-up” of former President Joe Biden’s cognitive
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Indonesia has rolled out a $1.5 billion stimulus package aimed at bolstering consumer spending and sustaining economic growth, as Southeast Asia’s largest economy faces mounting pressure from weakening commodity prices, tepid trade,
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The economic shockwaves from U.S. President Donald Trump’s intensifying trade war are presenting an even more difficult challenge for emerging markets than the Covid-19 crisis did five years ago, according to a
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Boeing has reached a settlement with the U.S. Department of Justice (DoJ) that could allow the aerospace giant to avoid criminal prosecution for defrauding aviation regulators over the safety of its 737
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Former President Donald Trump’s signature tax legislation—championed as a cornerstone of his second-term economic agenda—will add $2.4 trillion to the federal deficit by 2034, according to a report released Wednesday by the
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The European Union is pressuring China to ease new restrictions on rare earth exports, warning that the bloc’s automotive industry faces an “alarming” supply crisis that could lead to factory shutdowns across
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U.S. private equity powerhouse Apollo Global Management has announced plans to invest up to $100 billion in Germany over the next decade, marking a significant endorsement of Chancellor Friedrich Merz’s ambitious efforts
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Delegates at a United Nations meeting hosted by UNESCO in Paris have released the world’s first global recommendations aimed at safeguarding mental privacy and user rights in brain-interface technologies. The guidelines emerge
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In the sugarcane fields of El Salvador, men like Oscar rise before dawn to swing machetes under an unforgiving sun. For decades, this brutal labour has quietly claimed lives, not with accidents
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In Jakarta’s Jatinegara market, cages are stacked three metres high, holding bats, raccoon dogs, monkeys, and birds — all crammed together and sold as pets or food. The air is thick with
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The high seas — vast, unclaimed expanses of international waters covering 43% of Earth’s surface — are the largest remaining wilderness on the planet, yet they are being pushed to the brink
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