Blackstone plans to double its investments in India to $100 billion within five years, with chief operating officer Jonathan Gray describing the country as the firm’s best-performing market and expressing confidence in
There was a tortuous and painful end to COP29, the international climate change conference held in oil-rich Baku, Azerbaijan. The main issue was how much would the rich countries hand over to
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A committee in the US Congress has raised serious concerns about Hong Kong’s role in facilitating money laundering and sanctions evasion, urging Treasury Secretary Janet Yellen to take action. The letter, sent
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The U.S. International Development Finance Corporation (DFC) has issued a statement addressing concerns raised in a report published yesterday by the Sri Lanka Guardian regarding the Colombo West International Terminal (CWIT) project.
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Sri Lanka has officially concluded the long-awaited restructuring of its international sovereign bonds (ISBs), amounting to a total of $12.55 billion, marking a significant step towards stabilizing its economy and improving its
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The immigration issue has split and/or weakened both center and left parties and movements across many nations in recent years. Serious economic and social problems afflicting national working classes have been “managed”—at
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The US International Development Finance Corporation (DFC) has put its proposed $500 million loan to an Adani Group-backed port development project in Sri Lanka on hold, citing ongoing due diligence amidst bribery
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Sri Lanka’s President Anura Kumara Dissanayake has reversed his stance on renegotiating the country’s International Monetary Fund (IMF) bailout, emphasizing the fragility of the economy and the need for continuity in its
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The U.S. Department of Justice has unveiled a sweeping indictment against prominent Indian business mogul Gautam S. Adani and senior executives from his renewable energy conglomerate, accusing them of orchestrating a bribery
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Indian tycoon Gautam Adani, one of the world’s wealthiest individuals, has unveiled a bold plan to invest $10 billion in energy and infrastructure projects across the United States. The chairman of Adani
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Many of us have used AI tools like ChatGPT, DALL-E and Mid Journey and have been blown away by what those tools can do. Interacting with ChatGPT feels like talking to a
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by Our Economic Affairs Editor “Tourism is about making connections—connections between people, between cultures, and between a traveller and a place.” — Rosita Missoni The tourism sector in Sri Lanka has long
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The National Anti-Human Trafficking Task Force (NAHTTF) has issued an urgent warning about the trafficking of Sri Lankans from the United Arab Emirates (UAE) to cyber scam centers in Myanmar. The NAHTTF
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FIHAV – HAVANA INTERNATIONAL FAIR is Cuba’s premier event for international businesses and exhibitors eager to showcase and promote their products and services. Every year, FIHAV brings together thousands of international business
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by a Special Correspondent in Washington DC A reliable source in Washington DC, who wishes to remain anonymous but maintains strong connections with the International Monetary Fund (IMF), has raised concerns over
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The state of seafarer training in Sri Lanka has reached a critical juncture, with thousands of aspiring seafarers investing substantial resources only to face unfulfilled promises and limited job opportunities. This article
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