Sri Lanka’s trade deficit widened by 69% in the first seven months of 2026, exceeding US$6.5 billion, as a sharp rise in import expenditure far outpaced the modest growth in export earnings,
Warren Buffett has issued a stark warning about overheated financial markets, saying that “prices for an awful lot of things will look very silly” following record highs in major US stock indices.
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The International Monetary Fund has issued a sharp warning to European Union governments over their handling of energy subsidies, arguing that broad-based fuel and energy support measures could deepen fiscal risks and
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John Pederson thought he had found a way out. Injured in a car crash and unable to work, the former line cook from Outback Steakhouse turned to prediction markets in a bid
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According to reporting from the New York Times, the world’s leading central banks are confronting a widening economic crisis that has left policymakers in Tokyo, Washington, London, and Frankfurt reluctant to move
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There is a number that stopped me mid-sentence when I first read it. In April 2026, Gwadar Port processed around 11,000 standard shipping containers in a single month. For context, the same
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Alphabet has reported stronger-than-expected quarterly revenue, driven by a surge in enterprise demand for artificial intelligence services that powered its Google Cloud unit to its fastest growth since the segment was first
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As a proud Pakistani who has followed our technology journey with great interest, April 21, 2026, remains a landmark day for me. Elon Musk’s SpaceX announced a major strategic partnership with Cursor,
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Airtel Africa Plc is preparing a major initial public offering of its mobile money business, Airtel Money, in a deal that could raise between $1.5 billion and $2 billion, marking one of
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A strengthening yuan is increasingly becoming a burden for Chinese companies, as foreign-exchange losses erode profits and offset gains from core business operations. The currency’s recent appreciation against the US dollar is
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Aliko Dangote, Africa’s richest man, is accelerating an ambitious industrial vision that aims to reshape the continent’s economic model, turning it from a supplier of raw materials into a global manufacturing and
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By day, they scan the skies above the Gulf of Oman, watching anxiously for any sign of attack or suspicious movement near their ships. By night, they replay the same films repeatedly,
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There is a growing sense among policymakers and markets that the era of the petrodollar may be under strain. The escalation of tensions around Iran, disruptions in Gulf shipping routes, and experiments
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This is a nasty, rotten business~ Robert Crandall At the outset of the discussion to follow, I must say that I have no claims to pretension that I am an expert on turning
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The Central Bank of Sri Lanka has reportedly placed an order to purchase a specialised machine valued at Rs. 700 crore (approximately seven billion rupees) from German company Giesecke+Devrient (G&D) to detect
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Questions have been raised in Sri Lanka over a reported administrative decision involving the transfer of authority related to foreign debt payments from the Central Bank to the Ministry of Finance, prompting
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