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
COP 28 was expected to officially conclude in Dubai on 12th December 2023. However, a deadlock persists due to differences of opinion on addressing climate issues. Considerable discussions and wrangling have taken
More
The Ceylon Chamber of Commerce appreciates the Board approval of the International Monetary Fund’s (IMF) completion of its first review under the 48-month Extended Fund Facility (EFF) with Sri Lanka. This milestone,
More
German carmaker Volkswagen Group has announced that Volkswagen (China) Technology Co., Ltd., the group’s Chinese company and its largest research and development center outside its German headquarters, will launch an electric vehicle
More
Taking responsibility and delivering on promises on climate change is a hot topic at the ongoing 28th session of the Conference of the Parties to the United Nations Framework Convention on Climate
More
Democracy is incompatible with class-divided economic systems. Masters rule in slavery, lords in feudalism, and employers in capitalism. Whatever forms of government (including representative-electoral) coexist with class-divided economic systems, the hard reality
More
On December 3, 2023, a large number of registered voters in Venezuela voted in a referendum over the Essequibo region that is disputed with neighboring Guyana. Nearly all those who voted answered yes to
More
Embarking on my first journey with Sri Lankan Air, the three-hour check-in ordeal quickly faded into insignificance as the warm embrace of Sri Lanka welcomed us with open arms. A country often
More
Sam Altman’s shock return as chief executive of OpenAI late Tuesday — days after being sacked — caps a chaotic period that highlighted deep tensions at the heart of the Artificial Intelligence
More
The Houthi rebels are reported to have seized the car carrier Galaxy Leader near Yemen in the Southern Red Sea on Sunday. “The Yemeni Naval Forces managed to capture an Israeli ship
More
Tis the season for holiday shopping, and as American consumers ready their spending dollars, few of us are likely to link our gift buying to the high cost of low prices on
More
The Ceylon Chamber of Commerce considers the 2024 Budget as a crucial step in continuing the macroeconomic stabilization measures that began in late 2022, as a response to the economic challenges faced
More
In a landmark decision today, the Supreme Court of Sri Lanka has ruled that former President Gotabhaya Rajapaksa, along with former Finance Ministers Mahinda Rajapaksa and Basil Rajapaksa, are accountable for the
More
by Julia Pierrepont III After a 118-day strike that brought the U.S. entertainment industry to a standstill, Hollywood is poised to return to action. The tentative agreement between the Screen Actors Guild-American
More
As reported earlier, the U.S. International Development Finance Corporation (DFC) today announced that it has committed more than half a billion dollars to support the development of a deepwater shipping container terminal
More
Sri Lanka has been grappling with unforeseen challenges for several decades, some argue since gaining independence in 1948. We were ill-prepared to manage our recent escalating debt burden, which left us off-balance,
More