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 air campaign that once defined the escalation between the United States, Israel, and Iran has faded into a tense and unstable cease-fire. Yet what has followed is not peace, but a
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Two-thirds of Singapore businesses surveyed by the Singapore Business Federation (SBF) say they have been “moderately to severely” affected by the ongoing Iran war, as global geopolitical tensions continue to drive up
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The concentration of wealth in the 21st century has reached levels so extreme that even comparisons to America’s Gilded Age fall short, according to economist Joseph Stiglitz. Speaking in an interview reported
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The economic aftershocks of the recent US-Israel war with Iran are rapidly coming into focus, with a new analysis projecting a staggering regional repair bill of up to $58 billion. According to
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The World Trade Organization’s latest ministerial meeting, held last month in Yaounde, ended not with a breakthrough but with a familiar and troubling outcome: deadlock. Once envisioned as the cornerstone of a
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Sri Lanka’s political landscape was dramatically reshaped in 2024, when a wave of public anger born out of economic collapse propelled President Anura Kumara Dissanayake and his National People’s Power (NPP) coalition
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It is ironic that the JVP-NPP government is now defending tainted ministers and downplaying corruption in the Parliament it came to power promising to clean up. A few weeks ago, it vehemently
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Pakistan is confronting a critical financial moment as it moves to repay $3.5 billion to the United Arab Emirates this month, a decision that underscores the country’s ongoing economic vulnerabilities and its
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Sri Lanka’s tourism industry is facing a significant downturn as escalating military tensions disrupt travel and deter international visitors, officials have confirmed. Deputy Tourism Minister Ruwan Ranasinghe stated that foreign tourist arrivals
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Larry Fink, Chairman and CEO of BlackRock, the world’s largest asset manager with $14 trillion under management, delivered a stark warning about the global economy amid the ongoing conflict in Iran in
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Professor Wasantha Athukorala of the Department of Economics and Statistics at the University of Peradeniya has revealed a significant decline in the country’s school population over the past seven years. Between 2019
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The world is facing an oil crisis of historic proportions as the ongoing United States-Israeli war on Iran has effectively shut down much of the Strait of Hormuz, the narrow chokepoint through
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Recent unrest in the Middle East has raised concerns that Sri Lanka may face a shortage of oil supply. Because oil plays such a central role in the economy—powering transportation, construction, electricity
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Fishermen in Sri Lanka’s Northern Province are facing a deepening livelihood crisis as fuel shortages, driven by global conflict in the Middle East, continue to disrupt their daily operations. N.M. Alam, Secretary
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Energy expert Vaqar Zakaria is living proof that solar power can change the economics of everyday life. For over five years, his rooftop panels in Islamabad have slashed his electricity bills, sometimes
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