Sri Lanka budget lays down plans to clinch IMF deal; markets not enthused
COLOMBO (Reuters) -The crisis-hit Sri Lankan economy can turn around by the end of 2023 if budget policies, which areContinue Reading
Tag: Economy
In less than a week, founder and former CEO of FTX, a cryptocurrency exchange, Sam Bankman-Fried’s $16 billion fortune evaporates
New York (CNN Business) — Sam Bankman-Fried woke up on Monday still a billionaire, even as his cryptocurrency empire was beginning toContinue Reading
Sri Lanka’s 2023 budget aims to put crisis-hit economy back on track
COLOMBO (Reuters) – Sri Lanka’s new government will release the 2023 budget on Monday focused on boosting revenue, implementing taxContinue Reading
U.N Warns Of Worsening Food Crisis In Sri Lanka
(AFP)-The United Nations Tuesday warned of a worsening food crisis in bankrupt Sri Lanka and said the number of peopleContinue Reading
Sri Lanka holds debt restructuring talks with bilateral creditors
COLOMBO, Nov 3 (Reuters) – Sri Lanka said it held a productive meeting with its bilateral creditors, which include IndiaContinue Reading
Hundreds march in crisis-hit Sri Lanka protesting tax hikes, crackdowns
COLOMBO, Nov 2 (Reuters) – Hundreds of people marched in Sri Lanka’s largest city Colombo on Wednesday protesting against higherContinue Reading
Musk takes over Twitter, fires CEO, other top execs
(Reuters) – Elon Musk became Twitter Inc’s new owner on Thursday, firing top executives he had accused of misleading himContinue Reading
Sri Lankans march against Government crackdown on protests
COLOMBO, Sri Lanka (AP) — Thousands of Sri Lankans marched in the capital on Thursday to urge the government toContinue Reading
Questions swirl after #China’s former leader Hu leaves event
BEIJING (AP) — The twice-a-decade congress of China’s ruling Communist Party is a tightly choreographed event. So when former ChineseContinue Reading
Sri Lankan lawmakers vote to trim Presidential powers
COLOMBO, Sri Lanka (AP/Reuters) — Sri Lankan lawmakers overwhelmingly approved a constitutional amendment on Friday that trims the powers ofContinue Reading
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