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Crisis in Sri Lanka
IMF Halts Sri Lanka’s Bailout, Sparking Fears of Economic Meltdown
In a development that has raised concerns about Sri Lanka's economic stability, the International Monetary Fund (IMF) has indicated that the second tranche of...
IMF expects Sri Lankan economy to return to growth in 2024
Krishna Srinivasan, International Monetary Fund director for Asia and the Pacific, said the projected economic growth of 1.5% next year depends critically on the...
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Just In
US tariffs escalate tensions with China, impact global markets
The United States’ imposition of 145% tariffs on Chinese exports has intensified trade tensions with Beijing, triggering retaliatory measures and roiling global financial markets,...
Israeli airstrikes kill dozens in Gaza, worsen humanitarian crisis
Israeli airstrikes on the Al-Mawasi area, a designated "humanitarian zone" in southern Gaza, killed at least 10 Palestinians and injured dozens on April 23,...
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