While centre driven and managed high level economic changes, both structural and financial, are necessary, an assumption that the benefits of such changes will flow to the periphery through a trickledown theory
French oil and gas giant TotalEnergies and China National Offshore Oil Corporation (CNOOC) are moving with pace in the development of oil and gas projects with a potential investment portfolio estimated at
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Apple on Tuesday announced its first-ever carbon-neutral products in the new Apple Watch Series 9 lineup, a milestone marking a major step in the company’s journey toward its Apple 2030 goal to
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The G20 Summit has initiated the creation of the Global Biofuels Alliance, with the active involvement of over 30 countries and several international institutions. Its primary goal is to accelerate the widespread
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The Sri Lanka – Singapore Business Council (SLSBC) of the Ceylon Chamber of Commerce led a multi-sectoral 19-member delegation to Singapore, showcasing Sri Lanka’s burgeoning tech talent and growing potential in a
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The tranquility of the serene hillside in Qinzhou, nestled in south China’s Guangxi Zhuang Autonomous Region, has been replaced by the persistent reverberations of dredgers, excavators, and dump trucks, serving as a
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To Members of the Executive Board of the International Monetary Fund, The IMF programme in Sri Lanka is devastating the common people of Sri Lanka, especially the most vulnerable and marginalised among them.
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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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(Xinhua) — Surrounded by a sprawling forested expanse at Qujing Normal University in southwest China’s Yunnan Province, Samantha Chandranath Karunarathna, accompanied by his group of research students, crouched to gather wild mushrooms.
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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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(Xinhua) — Erenhot, the largest land port on the China-Mongolia border, registered surging import and export cargo volume in the first seven months this year, said local customs. The port in north
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An outline of the problem Post-independent Sri Lanka (Lanka) has suffered from recurrent economic crises; the more notable ones being in August 1953, in the late 1970s and most pertinently the current
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