Economy

Russia’s resurrected military industrial complex is cannibalising the rest of its economy Ukraine is slowly losing the three-year conflict on the battlefield. Russia is slowly losing the economic conflict at…

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…

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…

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…

China 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…

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…

Brussels (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…

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…

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…

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…