Search For "economy"
Sri Lanka in very difficult situation, big challenges ahead: Newly elected
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], July 20 (ANI): Ranil Wickremesinghe who was on Wednesday elected as Sri Lanka's new President said that he was "in a very difficult situation" and that he faces "big challenges ahead" to lead the country out of the dire economic crisis.
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Ranil Wickremesinghe wins Presidential polls in Sri Lanka, succeeds Gotaba
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], July 20 (ANI): Sri Lanka's Acting President Ranil Wickremesinghe won the Presidential election on Wednesday amid the ongoing economic turmoil in the island nation.
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"Baseless": India denies reports of political influence amid Sri Lanka's P
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], July 20 (ANI): India on Wednesday categorically denied media reports that New Delhi is making efforts at the political level to influence leaders in Sri Lanka regarding elections in the Parliament for the post of the Sri Lankan President.
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Patience of Chinese homebuyers wears thin amid real estate slump
Updated : 3 years, 11 months ago IST
Beijing [China], July 20 (ANI): Amid reports of homebuyers halting mortgage payments that rocked bank stocks in China, analysts said that the real estate market in the second largest economy needs a boost in confidence.
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How Russian natural gas cut-off could affect Europe's economies?
Updated : 3 years, 11 months ago IST
Washington DC [US], July 20 (ANI): The International Monetary Fund (IMF) has warned that Russia's invasion of Ukraine has further darkened the global growth outlook, with the European economy facing a serious setback given its trade, investment, and financial links with the warring countries
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Voting underway in Parliament to elect next President of Sri Lanka
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], July 20 (ANI): Voting is underway in Sri Lanka to elect a new president following the resignation of Gotabaya Rajapaksa amid an unprecedented economic crisis that has led to a shortage of fuel and other essential commodities in the country.
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Sri Lanka showcases power of common man
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], July 20 (ANI): Sri Lanka, a much smaller country with an even smaller size of economy than its northern neighbour India, is facing disaster on account of pursuing bad economic policies in a matter of two years.
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Sri Lanka to elect new president today amid economic crisis
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], July 20 (ANI): Sri Lanka is set to elect a new president on Wednesday following the resignation of Gotabaya Rajapaksa, who flew to Singapore via the Maldives, amid an unprecedented economic crisis that has led to a shortage of fuel of and other essentials in the count
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Pakistani rupee slumps further to PKR 221 against USD
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], July 19 (ANI): The Pakistani rupee on Tuesday surpassed all prior records against the US dollar after hitting a fresh record low of PKR 221 against the US dollar in the interbank market.
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Pakistan's economy on verge of collapse as Russia-Ukraine war continues: R
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], July 19 (ANI): Pakistan's economy which is already in a vulnerable position thanks to decades of corruption, mismanagement, and unstable governance, is now in a danger to collapse due to the economic fallouts of the Russia-Ukraine war, as per media reports.
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Sri Lanka: Protestors demand resignation of Wickremesinghe ahead of presid
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], July 19 (ANI): Amid the ongoing economic crisis in the country, a protest broke out in Colombo on Tuesday against acting president Ranil Wickremesinghe, demanding his resignation.
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China, EU to hold trade talks amid tensions over Ukraine war
Updated : 3 years, 11 months ago IST
Beijing [China], July 19 (ANI): China and the European Union are set to hold high-level talks on the economy and trade amid tensions over human rights issues in Xinjiang and the war in Ukraine.
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