Former President and United National Party (UNP) leader Ranil Wickremesinghe has warned that Sri Lanka is heading towards a severe economic crisis, alleging that the current administration is steering the country towards
When Mark Carney and Friedrich Merz took office just over a year ago, both leaders faced a difficult economic environment shaped by global uncertainty, trade tensions and a changing relationship with the
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In its report, El País examines the devastating economic consequences of the war involving Iran and the United States, showing how ordinary Iranian citizens are experiencing the conflict not only through political
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Former President and United National Party (UNP) leader Ranil Wickremesinghe has warned that Sri Lanka is heading towards a severe economic crisis, alleging that the current administration is steering the country towards
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The European Central Bank (ECB) has resumed interest rate increases after nearly three years, raising borrowing costs by 0.25 percentage points to 2.25%. The decision, taken at its latest policy meeting in
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The World Bank has cut its global growth forecast to 2.5% for this year, marking the slowest pace of expansion since the COVID-19 pandemic, according to a report released Thursday. The downgrade
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Argentina has officially authorized active-duty military personnel to hold private-sector jobs while continuing their military service, a measure introduced amid a worsening wage crisis affecting the Armed Forces and the broader public
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Asian stock markets traded lower in volatile conditions on Tuesday as concerns over the stability of Middle East ceasefire efforts offset growing enthusiasm surrounding the artificial intelligence sector. According to Reuters, investors
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Most countries of the Middle East and the Global South operating under authoritarian regimes share a single structural crisis, one whose substance is the acute and chronic fragmentation and weakness that afflicts
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The United National Party has issued a strong statement accusing the government of failing to contain the rapid depreciation of the Sri Lankan rupee against the US dollar, warning that the country
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Editorial Recent market commentary, including assessments commonly echoed by outlets such as Bloomberg-style currency tracking desks, has described the Sri Lankan rupee as one of the weakest-performing currencies in the region in
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