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
At a gathering of women for a home cooked meal at Thai Pongal, a Hindu harvest festival, in the Eastern Province of Sri Lanka, a Muslim woman remarked that last year 65
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The U.S. Navy’s Diving and Salvage Center can be found in a location as obscure as its name—down what was once a country lane in rural Panama City, a now-booming resort city
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Self-sufficiency in food was the focus of the agriculture sector policy in Sri Lanka, even before the independence. But the quality and the display of the local food items offered to consumers
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Hitting back at the Adani Group’s assertion that the Hindenburg report on the group is an “attack on India”, the US-based research firm has said that “India’s future is being held back by the
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Richest Indian Gautam Adani’s group on Sunday likened the damning allegations made by short seller Hindenburg Research to a “calculated attack” on India, its institutions and growth story, saying the allegations are
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Here we go again. The International Monetary Fund (IMF) is in command of Sri Lanka’s economy, barking orders and making demands in an effort to restore macroeconomic stability. The pattern is a familiar one. Back
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When an industrial group achieves spectacular growth, it is seen that those who cannot match the performance of the fast-growing group view such performance with surprise and disbelief. In such circumstances, the
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Shares of India’s Adani Enterprises (ADEL.NS) sank 20% on Friday as a scathing report by a U.S. short seller triggered a rout in the conglomerate’s listed firms, casting doubts on how investors
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Excerpts of the research paper published by Hindenburg Research Today we reveal the findings of our 2-year investigation, presenting evidence that the INR 17.8 trillion (U.S. $218 billion) Indian conglomerate Adani Group
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It has been brought to the immediate attention of the Embassy that some misinformation is being circulated in social media according to which Türkiye has been recruiting manpower in Sri Lanka”, the
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The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 24 January 2023, decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility
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The sovereign default announced by Sri Lanka on 12 April 2022, was the cumulative result of fiscal folly over many years. This writer has attempted to uncover the root causes of our
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INTERVIEW It is time for the nations of the global South to build their own way, to self-organize, Gary Dymski, a well-known economist and Professor of Applied Economics at the Leeds University
More Apparel, tea and rubber exporters’ associations recently announced that they wished to ‘set the record straight’ on serious corporate fraud allegations made by the Central Bank (CBSL) on non-repatriation of export income
More In the 1920s and early 30s, John Maynard Keynes was embroiled in a controversy with the ‘austerians’ of his time, who believed that balancing the government budget, even in a time of
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