The Federal Reserve’s higher interest rates after 12 years of zero interest rates are devaluing the asset side of banks’ balance sheets. This frightens depositors and they withdraw their deposits. Depositors also are withdrawing
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Editorial “The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little”
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(Xinhua) — China put forward the principles of sincerity, real results, amity and good faith, and pursuing the greater good and shared interests in 2013 to guide its cooperation with Africa. Over
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by Jude As the sun rose over the barren Iraqi desert twenty years ago on the 20th of March, the winds of change were sweeping across the sands, bringing with them the
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Happiness is a very subjective term when we talk of it at individual level but when it is about some country or some nation, it doesn’t remain subjective. Practically an uprising graph
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Patriotism is the theme for the 26th of March. Many poets have taken on the subject over the years and their words, even in part, have been engrained in the minds of
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Bangladesh High Commission in Colombo observed the 52nd Anniversary of Independence and National Day of Bangladesh with due fervor and festivities on 26thand 27thMarch 2023. The observance commenced at the chancery in
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“The year 2022 witnessed a landmark setback for U.S. human rights. In the United States, a country labeling itself a “human rights defender,” “chronic diseases” such as money politics, racial discrimination, gun
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Editorial “The United States needs to be humble if it wants to be a force for good in the world. It needs to recognize that its democratic values and practices are not
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Washington’s attempts to impose a U.S.-style democracy on countries like Iraq and Libya using primarily military means have been a “spectacular” failure. These countries are now left in a state of limbo
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The weighted real GDP growth rate of Asia in 2023 is estimated to be 4.5 percent, an increase from 4.2 percent in 2022, according to a report released by the Boao Forum
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Sri Lanka’s seventeenth IMF agreement sealed last week may well prove to be the most devastating one of them all. The reason is that the agreement comes along with Sri Lanka having
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by Jude “If we want to make peace with the other, we must first make peace with ourselves.” – Imam Feisal Abdul Rauf With failing economic policies, a botched withdrawal from Afghanistan
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In view of the recent geopolitical upheavals, and particularly the war in Ukraine, it does not make sense (and does not promise much success) to build a new global security architecture based
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U.S. lawmakers early this week enacted a heinous political stunt to portray TikTok, a video-sharing social networking company, as a national security threat. The nearly six-hour congressional grilling of TikTok CEO Shou
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