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MEDIA RELEASES
GLOBAL ECONOMY SET FOR WEAKEST RUN SINCE 2008 OUTSIDE OF RECESSIONS
After unexpectedly weak growth of 6 percent in 2024, activity in South Asia (SAR) is decelerating amid rising global trade…
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ONLINE EXCLUSIVES
ROBERT PREVOST OF THE UNITED STATES IS NAMED POPE LEO XIV
Cardinal Robert Prevost has taken the name Leo XIV. He is the first American pope in the 2,000-year history of…
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ONLINE EXCLUSIVES
DAVOS GATHERING FOUNDER KLAUS SCHWAB QUITS AS WORLD ECONOMIC FORUM CHAIR
Reuters – April 21, 2025 Klaus Schwab, founder of the World Economic Forum, whose annual gathering of business and political…
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ONLINE EXCLUSIVES
POPE FRANCIS, EVERYMAN LEADER OF THE ROMAN CATHOLIC CHURCH, DIES AT 88
abc7 – Monday, April 21 VATICAN CITY — Pope Francis, whose time as head of the Catholic Church was noted for…
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ONLINE EXCLUSIVES
TRUMP TARIFFS ARE “NEGOTIATING STRATEGY,” TREASURY CHIEF SCOTT BESSENT SUGGESTS AS PAUSE ANNOUNCED
The sweeping tariffs President Trump announced last week were a "negotiating strategy," Treasury Secretary Scott Bessent suggested Wednesday as the…
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ONLINE EXCLUSIVES
SRI LANKA’S NO. 1 EXPORT TO THE US FACES A POTENTIAL 20% HIT UNDER TARIFFS
On 2 April, US President Donald Trump imposed a 44 percent tariff on Sri Lankan exports to the United States
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ONLINE EXCLUSIVES
EU HAS ‘STRONG PLAN’ TO HIT BACK AT US TARIFFS IF NEEDED, EU CHIEF SAYS
The European Union has a "strong plan" to retaliate against tariffs imposed, and set to be imposed
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OPINION POLLS
BUSINESS SENTIMENT
The IMF has stated that approval of the fourth tranche of Sri Lanka’s Extended Fund Facility (EFF) is
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ONLINE EXCLUSIVES
SRI LANKA’S BUDGET LIKELY TO LEAD TO SLOWER FISCAL CONSOLIDATION, MOODY’S SAYS
Reuters – February 18, 2025 Sri Lanka’s budgeted expenditure for 2025 will likely lead to a wider fiscal deficit and slower-than-expected…
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ONLINE EXCLUSIVES
DISSANAYAKE GOVT UNVEILS FIRST BUDGET, EYES 5% GROWTH FOR SRI LANKA IN 2025
Business Standard – Feb 17 2025 The Sri Lankan economy is expected to grow at 5 per cent in 2025,…
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