Paraguayan President Santiago Peña has resigned after parliament initiated impeachment proceedings against him over alleged irregularities linked to the collapse of Ueno Bank, a financial crisis that has triggered protests and left
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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For a layman like me, Credit Rating Agencies are like policemen controlling the economic thoroughfares of the world’s nations and assessing the creditworthiness of individuals. Credit ratings are predominantly provided by three
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by Saurav Sarkar Four years after announcing that it had purchased the series, streaming platform Netflix debuted “Supa Team 4,” co-produced by animation studio Triggerfish. The show is the first original African animation
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Recently, a string of prominent multinational corporations including electronics maker Foxconn Group and communications products supplier Wistron group, are withdrawing from the Indian market. These companies are on a long list of
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The Belt and Road Initiative (BRI) reflects China’s commitment to fostering global cooperation and mutual development, a Bangladeshi expert has said. The BRI, proposed by China in 2013, has demonstrated significant development
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China’s installed renewable energy capacity saw robust growth in the first half (H1) of the year amid the country’s efforts to advance its green transition, according to the National Energy Administration (NEA).
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