Fishermen’s organisations in Sri Lanka’s northern Jaffna district have demanded an end to Indian trawling in fishing grounds off the Northern and Eastern provinces and the withdrawal of a proposed Fisheries Bill,
The United States has accumulated the world’s largest national debt, reaching $39 trillion, yet its debt burden relative to the size of its economy remains below that of Japan and Singapore, according
Moreby Our Correspondent in Colombo The Central Bank of Sri Lanka (CBSL) has delivered a comprehensive and uncompromising defence of its role in one of the country’s most serious public financial fraud
MoreIndia has attracted approximately $10 billion in inflows through the Reserve Bank of India’s (RBI) special foreign-currency deposit programme for overseas Indians, according to two people familiar with the matter, providing early
MoreIndia’s government has stepped up efforts to attract foreign currency deposits from overseas Indians as the rupee remains under pressure and the country’s foreign exchange reserves continue to decline. Finance Minister Nirmala
MoreAs Pakistan seeks a larger diplomatic role amid renewed geopolitical attention, its gravest challenges remain within its own borders. The conflict in West Asia, renewed American engagement, Saudi financial support, and strategic
MoreCuba has officially established a new government institution tasked with leading the transformation of the country’s state enterprise system, creating a central body responsible for improving the operation, organization and development of
MoreSovereign wealth funds and central banks managing $29 trillion in assets are reassessing their investment strategies as concerns grow over the long-term role of the US dollar, according to a survey published
MoreWhen 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
MoreIn 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
MoreFormer 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
MoreThe 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
MoreThe 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
MoreArgentina 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
MoreAsian 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
MoreMost 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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