Paraguay is undergoing one of the most significant political and financial crises in its recent history. The Central Bank of Paraguay’s intervention in Ueno Bank—following the detection of serious irregularities in its
As missile alerts flash across smartphones in cities like Dubai and Doha, millions of Indian expatriates across the Gulf are confronting a new and unsettling reality: the region they once considered safe
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Global financial markets have been thrown into chaos as the escalating Iran war triggered one of the most volatile trading periods in years, sending oil prices soaring and investors scrambling to protect
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by Our Correspondent in Colombo Sri Lanka is reportedly confronting an acute shortage of crude oil, sparking fears of a potential energy crisis in the near future, according to sources within the
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Once a Silk Road crossroads, Iran had become the centerpiece of a modern vision to link Asia, Europe, and the Middle East, creating a trade network that threatened to challenge long-standing U.S.
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The share of companies paying ransoms to cybercriminals rose significantly in 2025, reversing two years of decline as hackers increasingly deploy artificial intelligence to conduct more sophisticated attacks. According to a study
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Venezuela and Iran hold the largest and third-largest petroleum reserves in the world, respectively. Both have been targeted for regime change by Washington. The world’s hegemon naturally seeks access to such resources.
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Airline shares moved in sharply different directions on Thursday as the aviation industry grappled with the fallout from escalating conflict in the Middle East, with Asian carriers showing signs of recovery while
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Fahad al-Saif, Saudi Arabia’s newly appointed minister tasked with securing $70 billion in foreign investment by 2030, has faced an unexpectedly tumultuous start. Less than three weeks into his tenure, western business
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Blackstone, the New York-based private equity giant, experienced a significant surge in withdrawals from its $82 billion flagship credit fund, BCRED, during the first quarter of 2026, highlighting growing investor anxiety about
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Investors and financial institutions are scrambling to protect their interests following the dramatic collapse of Market Financial Solutions (MFS), a Mayfair-based mortgage lender, which has left private investors and Wall Street and
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Sri Lanka’s vital tea export industry has been thrown into uncertainty as escalating military tensions in the Middle East disrupt key shipping lanes across the Mediterranean and Gulf seas. The government warns
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Sri Lanka is exploring new avenues to attract international tourists by turning its underwater heritage into a major draw. Deputy Minister of Tourism Ruwan Ranasinghe recently highlighted the potential of historically significant
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The Central Bank of Sri Lanka has issued a stern warning that all transactions between residents must be conducted exclusively in Sri Lankan Rupees, unless explicit permission has been granted under the
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A new governance debate has surfaced within the Tata philanthropic network after Mehli Mistry, a trustee of the Tata Education and Development Trust (TEDT), raised concerns about the continuation of the vice-chairman
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Sri Lanka’s energy sector is now mired in a scandal so blatant that it has stripped away any remaining pretence of clean governance. The importation and continued use of substandard coal at
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