Saudi Arabia has temporarily shut its 1,200-kilometre East-West oil pipeline after a drone attack damaged the vital crude conduit, adding to mounting disruptions to energy flows across the Middle East as the
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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