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Financial Crisis - Page 2

February 16, 2025
Diplomacy/United States

Fort Knox’s Hidden Billions: The Unseen Gold Reserves

The United States’ gold reserves, famously stored at Fort Knox, have been an enigma for decades. The last official audit took place in 1974, yet much remains shrouded in secrecy. This lack

Editor's Choice

SriLankan Airlines: A Tragic Comedy of Errors and Betrayal

Editorial SriLankan Airlines’ 45-year saga, spanning its inception under Air Lanka’s livery in 1979, paints a portrait of both resilience and ruin. Born amidst the heady euphoria of JR Jayewardene’s landslide victory, its story dates back to the mid-1940s, when

September 1, 2024

Maldives to Declare Bankruptcy?

Geopolitics

The Maldives is facing an escalating debt crisis, with dwindling foreign exchange reserves and mounting debt repayments threatening the nation’s economic stability, according to

HSBC to Exit Key Parts of Investment Banking in the UK, US, and Europe

Geopolitics

HSBC has announced plans to wind down significant parts of its investment banking operations in the UK, Europe, and the Americas, marking a major

India’s Private Sector Growth Falls to Four-Year Low as Services Activity Weakens

July 24, 2026
Business

India’s private sector expanded at its slowest pace in more than four years in July, as a marked slowdown in the country’s dominant services sector weighed on overall business activity despite stronger

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China’s Major Airlines Face Summer Travel Test as Losses Mount and Passenger Demand Weakens

July 17, 2026
Aviation/Business

China’s largest airlines are entering the peak summer travel period under growing financial pressure after warning of significant first-half losses, raising concerns over whether carriers can manage rising fuel expenses while passenger

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Indian State Banks Target $30 Billion Dollar Inflows Through RBI Scheme to Strengthen Reserves

July 17, 2026
Business

India’s state-run banks expect to raise nearly $30 billion through a special foreign currency deposit programme introduced by the Reserve Bank of India, according to five bankers familiar with discussions between lenders

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Record Overseas Investments by Indian Companies Add Fresh Pressure on Weakening Rupee

July 16, 2026
Business

Indian companies are on course to record their highest-ever level of outbound investments this fiscal year, increasing pressure on the rupee as capital continues to flow overseas amid declining foreign investment and

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China’s Grip on Rare Earths Sends Shockwaves Worldwide

July 15, 2026
China/Geopolitics/World

China’s growing use of export controls on critical minerals has transformed a long-running supply chain issue into a strategic contest involving governments, manufacturers and defence industries, according to a Financial Times report

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India Steps Up Push for Diaspora Deposits as Rupee Slides and Foreign Exchange Reserves Shrink

July 14, 2026
Business

India’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

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Cyber Fraud Losses Explode in India as Over 80% of Indian Rupees Lost Since 2020 Vanish in Just Two Years

July 6, 2026
Business

Cyber fraud in India has escalated at an unprecedented pace, with government data showing that more than 80 percent of the total financial losses recorded since 2020 occurred in just the past

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Trump Reports More Than $1.4 Billion in Crypto Income as Digital Assets Become Major Revenue Source

July 1, 2026
Business/Cryptocurrency

US President Donald Trump reported more than $1.4 billion in income from his family’s cryptocurrency ventures in 2025, according to a review of his latest financial disclosure filed with the US Office

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Indonesia Scales Back Palm Oil Export Overhaul as Markets Recover From Policy Shock

June 18, 2026
Business

Indonesia’s palm oil industry is showing signs of recovery after analysts said the government is expected to scale back a controversial export overhaul that had sparked concerns over international trade disruptions and

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Debt Tsunami Tests Global Markets as Interest Costs Surge Toward Post-War Levels

June 15, 2026
Diplomacy/Geopolitics

The global market for public debt is entering a phase of strain shaped by war spending, pandemic-era stimulus, and persistent inflation, with developed economies moving toward debt levels last seen in the

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The Sri Lanka Guardian is an online newspaper founded in August 2007 by a group of concerned Sri Lankan citizens including journalists, activists, academics and retired civil servants. Sri Lanka Guardian has registered as an online newspaper in the Government of Sri Lanka. This portal is currently a platform for over seven hundred regular writers from around the world. We are an independent and nonprofit. Email : editor@slguardian.org
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