South Korea is extending trading hours on its main stock exchange, breaking with established norms across major Asian markets as it seeks to attract sustained participation from global investors and move towards
Canada’s raging wildfires have been worrying since the beginning of this year. Living in Ottawa, I’ve personally experienced the detrimental effects of wildfires on air quality and pollution. Meanwhile, punishing heat waves
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In an unprecedented and remarkable global shift that has piqued the interest of financial experts and analysts around the world, central banks from various nations are engaging in an astonishing gold-buying frenzy.
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Link to part 4 The IMF program in Lanka and its implications The IMF agreement with Sri Lanka emphasises fiscal consolidation, which requires the government to achieve a budget surplus within two
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Indian government on Saturday imposed a 40 percent duty on the export of onions. The order was issued by the federal finance ministry with the aim to check the price rise and
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Link to part 3 National debt and human rights The implication of debt on human rights is also of significant concern. Many countries in the world are either already in a debt
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Just a week after Moody’s slashed the credit ratings of 10 small and medium-sized American banks and indicated the possibility of downgrading the credit ratings of some large U.S. banks, the U.S.
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Financial risk has eased in several Asian countries. After announcing that it would suspend external debt repayments indefinitely in April 2022, Sri Lanka secured final approval from the IMF for a US$2.9bn
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Fitch Ratings warned on Tuesday that dozens of U.S. banks, including JPMorgan, the largest bank in the country, could be at risk of sweeping rating downgrades. Fitch lowered its “operating environment” rating
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The accusation of “economic coercion” leveled against China by the United States is actually another testament to U.S. coercive diplomacy. Behind the word game is the U.S. evil intention and perpetual practice
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Click here to read Part 1 of this series Neo-liberalism Neo-liberalism is not a solution, but the principal cause of the problem. I would like to offer some personal insights here from
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When Nelson Mudzingwa arrived in the Shashe farming area in Mashava in Masvingo, about 294 kilometers from Zimbabwe’s capital of Harare, in the early 2000s, the land was barren, with no hope
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An outline of the problem Post-independent Sri Lanka (Lanka) has suffered from recurrent economic crises; the more notable ones being in August 1953, in the late 1970s and most pertinently the current
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I’ve got two questions about blockbuster movies like Barbie and Oppenheimer. The opening weekend for both films saw an avalanche of Australians returning to the cinema. Extra staff had to be put on (although
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EXCLUSIVE by Our Correspondent in Colombo In a recent revelation, the Asian Infrastructure Investment Bank (AIIB) has expressed profound dissatisfaction with Sri Lanka for failing to utilize the 100 million emergency fund
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“The public health of a country is the foundation on which all else rests.” – Justice Oliver Wendel Holmes The Issue Throughout centuries of the journey of humanity, one basic truth has emerged
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