Reforming Europe’s economy is all the more urgent following Donald Trump’s US election win, warned the author of a blockbuster report, Mario Draghi, ahead of talks Friday with EU leaders…
Economy
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Peru’s controversial ex-president Fujimori buried after national mourning
While Alberto Fujimori was hailed for crushing a leftist insurgency and boosting the economy, he was convicted of gross human rights abuses. Peru has bid an emotional farewell to its divisive…
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Xi reaffirms China’s support for Tajikistan during rare visit
Beijing, Dushanbe announced upgrading of diplomatic relations. Chinese President Xi Jinping has promised to defend the “territorial integrity” of Tajikistan as he announced a boost to diplomatic relations with the…
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China, Tajikistan elevate ties during Xi’s landmark visit
by Rio Spencerby Rio SpencerChina and Tajikistan on Friday announced the elevation of ties to comprehensive strategic partnership in the new era during Chinese President Xi Jinping’s ongoing state visit to Tajikistan, injecting new momentum and opening…
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Sri Lanka ends visas for hundreds of thousands of Russians staying there to avoid war
Sri Lanka has told hundreds of thousands of Russians and some Ukrainians staying in the country to escape the war that they must leave in the next two weeks, immigration officers said. The…
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President Wickremesinghe’s Contribution To Securing IMF Loan For Sri Lanka
by Rio Spencerby Rio SpencerBrussels (08/11 – 50) On March 20, the IMF approved a $3 billion Extended Fund Facility (EFF) to support Sri Lanka amid its economic crisis. The approval is expected to…
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Spain’s Economy Grows 0.5 Pct in Q2: INE
Spain’s economy grew by 0.5 percent between April and June (second quarter, Q2) this year, the Spanish Statistical Office (INE) said on Friday. Q2 growth was higher than 0.6 percent…
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AsiaBusinessDefenceEnvironmentFeaturedGeneral NewsGlobal NewsGovernmentsNational SecurityNewsPoliticsSri LankaWorld News
President Ranil Wickremesinghe Remarkable Turnaround for Sri Lanka’s Tumultuous Economy
London (07/11 – 70) President Ranil Wickremesinghe, at the helm of the United National Party (UNP), has orchestrated a remarkable turnaround for Sri Lanka’s tumultuous economy, tackling persistent challenges with…
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China-Europe Freight Train Cargo Throughput Handled by China’s Land Port Exceeds 12 Mln Tonnes
Total import and export cargo throughput via China-Europe freight trains handled since 2013 by Erenhot Port, the largest land port on the China-Mongolia border, had exceeded 12 million tonnes as…
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Lower Energy and Food Prices Drive Inflation Down in France
The year-on-year consumer price index (CPI) in France was 4.3 percent in July, thus continuing a slow but steady downward trend in inflation, according to a preliminary report released by…