TotalEnergies takes $2 billion foothold in Qatar’s giant gas expansion
Qatar on Sunday named France’s TotalEnergies as its first foreign partner to expand the world’s largest natural gas field andContinue Reading
Category: Business
The AP Interview: Sri Lanka PM says he’s open to Russian oil
COLOMBO, Sri Lanka (AP) — Sri Lanka may be compelled to buy more oil from Russia as the island nationContinue Reading
Pakistan adopts painful economic path to secure IMF bailout
* Pakistan faces balance of payments crisis * Government sharply lowers fiscal deficit target to 4.9% of GDP * StepsContinue Reading
Sri Lanka business tycoon Dhammika Perera to replace President’s brother in parliament
COLOMBO (Reuters) – One of Sri Lanka’s richest businessmen will replace the president’s brother in parliament, a ruling party officialContinue Reading
Sri Lanka Hit by Power Cuts After Key Union Goes on Strike
COLOMBO (Reuters) – Swathes of Sri Lanka were hit by electricity cuts on Thursday after a power sector union wentContinue Reading
Sri Lanka power union announces strike, raising risk of blackouts
A power sector union in Sri Lanka said on Wednesday it will go on an indefinite strike from midnight inContinue Reading
World Bank slashes global growth forecast to 2.9%, warns of 1970s-style stagflation
KEY POINTS The World Bank slashed its global growth forecast on Tuesday to 2.9% for 2022. The Bank warned thatContinue Reading
China Shifting Focus to Southeast Asia, Sri Lanka President Says
(Bloomberg) — China appears to be shifting its strategic focus toward Southeast Asia and Africa, Sri Lanka’s President Gotabaya RajapaksaContinue Reading
Sri Lanka will need $5 bln in next six months for essentials -prime minister
COLOMBO, June 7 (Reuters) – Sri Lanka’s cash-strapped government will need at least $5 billion in the next six monthsContinue Reading
Sri Lanka holds its breath as new P.M fights to save economy
COLOMBO, Sri Lanka (AP) — It has been nearly three weeks since Ranil Wickremesinghe took over as prime minister of Sri LankaContinue Reading
MDW Live! News Network 