President Wickremesinghe Delivers IMF Deal for Sri Lanka
Copenhagen (13/11 – 37.5) When Ranil Wickremesinghe took over as Sri Lanka’s president in July after a popular uprising ousted his predecessor, the South…
Economy
“We’ll eat less.” Can Rosstat figures be trusted?
Inflation in the North-West region, according to Rosstat, since the beginning of the year has amounted to 6.1%, that is, it was even lower…
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…
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…