The BRICS Business Council has announced plans to establish a logistics hub in the United Arab Emirates (UAE), a decision that could significantly reshape global trade dynamics among its member nations and
by Our Correspondent in Colombo India, Sri Lanka, and the United Arab Emirates (UAE) are poised to sign a Memorandum of Understanding (MoU) to jointly develop the Eastern Province’s Trincomalee as an
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The Ceylon Chamber of Commerce (CCC) has expressed deep concern over the United States’ imposition of a 44% tariff on Sri Lankan exports, warning of severe repercussions for the country’s trade and
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by Our Economic Affairs Editor The spectres of debt, mismanagement, and corruption loom omnipresent, draining the nation of its vitality, eroding its institutions, and rendering its citizenry mere spectators to their own
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by Eric Tom Bower’s The Fall of Fayed is an extraordinary excavation of wealth, deception, and downfall, chronicling the rise and eventual collapse of Mohamed Al-Fayed’s empire. The book, a forensic dissection
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by Durga Tejvan Pettinger’s Economics: 50 Essential Ideas offers a compact yet incisive look at some of the most significant economic theories, bringing them to life with historical context, real-world applications, and
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by Eric Warren Mosler’s The Seven Deadly Innocent Frauds of Economic Policy is not merely a critique but a full-scale dismantling of the myths governing modern economic thought. With relentless clarity, Mosler
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India’s benchmark 10-year bond yields saw a significant drop on Wednesday, falling by nine basis points to 6.49 percent, just days ahead of the Reserve Bank of India’s (RBI) monetary policy review
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Danish shipping giant AP Møller-Maersk has finalized a deal to acquire the Panama Canal Railway, a key infrastructure link that connects the ports at both ends of the Panama Canal. This acquisition
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Shares of Trump Media and Technology Group (TMTG) tumbled on Wednesday after a regulatory filing revealed that the U.S. President Donald Trump is preparing to sell his entire $2.3 billion stake in
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Tesla has suffered its worst quarterly performance since 2022, with vehicle deliveries falling sharply in the first three months of 2024. According to a report from the Financial Times, the electric vehicle
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