Sri Lanka’s infrastructure development, funded through foreign aid, has been marred by significant delays, financial mismanagement, and the abandonment of projects, according to a damning National Audit Report issued in the last
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MOST RECENT
by Our Economic Affairs Editor The Port of Colombo has set a new benchmark in 2024, achieving a record throughput of 7,782,776 Twenty-foot Equivalent Units (TEUs), marking the highest performance in its
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Donald Trump’s return to the White House promises a turbulent first 100 days as president, facing daunting challenges such as mass deportations, economic reform, and a high-stakes relationship with Elon Musk. According
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Tulip Siddiq, the UK Treasury’s Economic Secretary, is facing renewed scrutiny over her links to properties worth approximately £4.5 million ($5.5 million), connected to allies of her aunt, Sheikh Hasina, the former
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Canada is positioning itself to reclaim the top spot as the world’s largest uranium producer, driven by a surge in demand for nuclear power and escalating geopolitical tensions. With prices for uranium—the
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Investment in AI-driven medical note-taking apps surged in 2024, doubling to $800 million from $390 million the previous year, according to data from PitchBook. The funding boom reflects the healthcare sector’s growing
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Lars Barstad, CEO of Frontline, the world’s largest publicly listed oil tanker operator, has issued a stark warning about the growing threat posed by unregulated “dark fleet” vessels. Speaking to the Financial
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In 2023, foreign leaders showered President Joe Biden and his family with an array of lavish gifts, according to the State Department’s annual report. The gifts, valued in the tens of thousands
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by Our Correspondent in New Delhi The renovation of Delhi Chief Minister Arvind Kejriwal’s official residence has sparked a significant controversy after a recent audit revealed that the cost of the project
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An investigation by The Sunday Times, UK, has revealed critical vulnerabilities in Britain’s air and missile defences, raising concerns that the UK could be struck by ballistic missile attacks within the next
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