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
For decades, Sri Lanka’s economic trajectory has been severely constrained by a persistent structural vulnerability: the twin deficits. The country has simultaneously run a chronic fiscal deficit and a structural trade deficit,
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A senior official of the Reserve Bank of Australia has delivered a stark assessment of how renewed conflict in the Middle East is reshaping the global inflation landscape and feeding directly into
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Lambs have returned to Moroccan streets in recent days, marking the revival of the Eid al-Adha ritual after a rare suspension ordered last year by King Mohammed VI due to severe drought.
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by Our Correspondent in Colombo The Central Bank of Sri Lanka has sharply increased its Overnight Policy Rate (OPR) by 100 basis points to 8.75% today, signaling growing concern over inflationary pressures
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by Our Correspondent in Colombo Sri Lanka is once again facing growing fears of financial instability as a sharp expansion in the country’s money supply raises alarm among economists, market analysts, and
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At a time when central banks across the world are grappling with war-driven energy shocks, volatile inflation and slowing growth, Reserve Bank of India Governor Sanjay Malhotra has delivered a strong defence
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US federal prosecutors are examining valuation practices at a private credit fund managed by BlackRock, marking a new escalation in regulatory scrutiny of the fast-growing private credit sector. According to people familiar
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Editorial The death of the former Chief Executive Officer of SriLankan Airlines has unfortunately shifted public attention away from what should have become a national outrage demanding immediate resignations and criminal accountability.
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Sri Lanka’s devastating economic collapse of 2022 has become more than a national tragedy. It is increasingly being viewed as a warning to developing economies worldwide about the dangers of weak institutions,
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China’s industrial sector has recorded its fastest factory-gate inflation increase since the post-Covid period, with producer prices rising 2.8% in April compared to a year earlier, according to data cited by Bloomberg
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