The Fading Influence of France in Francophone Africa
Brussels, Frankfurt (10/11 -12) Words like ‘neocolonialism’ and ‘neo-imperialists’ are being tossed around by spokesmen of freshly-installed military regimes in Central and West Africa…
Economy
President Wickremesinghe’s Contribution To Securing IMF Loan For Sri Lanka
Brussels (08/11 – 50) On March 20, the IMF approved a $3 billion Extended Fund Facility (EFF) to support Sri Lanka amid its economic…
France, UK Jointly Ask US Court to Freeze Litigation on Sri Lanka
London (06/11 – 58) France and the United Kingdom (UK) have jointly made a request in favour of Sri Lanka to the court of…
Notorious Benjamin Wey Sues Sri Lanka For $250 Million
London (05/11 – 44.44) Benjamin Wey, a Chinese-American financier, founder of Fintech Holdings and a history of legal trouble, is suing Sri Lanka for $250…
Sri Lanka Remains in Economic Crisis, Impinges Human Rights
London (15/11 – 67) The streets in Colombo, Sri Lanka, erupted into celebration on July 13, 2022 after weeks of peaceful protests forced then-President Gotabaya Rajapaksa…
U.S. dollar stays nearly flat ahead of CPI figures, Fed decision
NEW YORK, Dec. 11 (Xinhua) — The U.S. dollar stayed nearly flat in late trading on Monday, as investors were waiting for the U.S….
China’s Xi visits Vietnam after Biden, seeks to boost ties
HANOI — China’s President Xi Jinping starts a two-day visit to Vietnam on Tuesday (Dec 12), three months after US President Joe Biden travelled to…
U.S. employers add 199,000 jobs in November, hinting U.S. economy headed for soft-landing
Employment rose by 199,000 in November, according to the latest Employment Situation Summary from the U.S. Bureau of Labor Statistics (BLS), modestly higher than economists’ expectations…
Charting the Global Economy: US Labor Market Picks Up Steam
(Bloomberg) — The US labor market strengthened in November with pickups in employment and wages, deflating hopes the Federal Reserve will cut interest rates…
US dollar steady with US inflation, Fed meeting eyed; yuan heavy
SINGAPORE, Dec 11 — The dollar started yesterday on the front foot, with a reading on US inflation and the Federal Reserve’s last policy…