China has not done enough on Sri Lanka debt restructuring – U.S. diplomat
COLOMBO (Reuters) – The United States wants China to provide credible and specific assurances to the International Monetary Fund (IMF)Continue Reading
Tag: US
Elon Musk actively searching for a new Twitter CEO, sources tell CNBC
Twitter owner and CEO Elon Musk is searching for a new chief executive of the company, sources told CNBC’s David Faber. Musk, whoContinue Reading
‘He did nothing wrong’: Sri Lankan origin Family of Texas entrepreneur fatally shot by police say he was defending his home
(From NBC News) -A tech entrepreneur in Texas wasn’t given ample time to drop a rifle he was carrying onContinue Reading
Hundreds of Twitter employees flee after Musk’s ‘hardcore’ ultimatum- raising questions about platform’s stability
(Reuters) -Hundreds of Twitter employees are estimated to be leaving the beleaguered social media company following an ultimatum from newContinue Reading
Ruling Democrats clinch control of U.S. Senate with win in Nevada handing a major victory to President Biden at Midterm Elections
PHOENIX, Nov 12 (Reuters) – Democrats will stay in control of the U.S. Senate next year after Democratic U.S. SenatorContinue Reading
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
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
Rising interest rates in US will hinder foreign economies including Sri Lanka
WASHINGTON (AP) — When the Federal Reserve raises interest rates — as it did Wednesday — the impact doesn’t stopContinue Reading
Food, fuel price shocks from Ukraine war to last at least 3 years, World Bank says
LONDON (Reuters) – Global food and fuel price shocks linked to the Russia-Ukraine war are set to last until atContinue Reading
World Bank planning new $170 billion crisis fund to help the poorest nations being buffeted by multiple crises: President
The World Bank is seeking to create a $170 billion emergency fund to help the poorest nations being buffeted byContinue Reading
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