WFP SRI LANKA: SITUATION REPORT 22 JUNE 2022
ReliefWeb - 22 June, 2022 In Numbers million people in need of humanitarian assistance million people…
EURO ZONE INFLATION HITS RECORD 8.6% AS THE EUROPEAN CENTRAL BANK PREPARES FOR ITS FIRST RATE HIKE IN 11 YEARS
The ECB has announced it will be hiking rates in July and September to counter…
SRI LANKAN SPRINTER BECOMES FIRST SOUTH ASIAN TO BREAK 10-SECOND BARRIER
The Daily Star - July 3, 2022 Sri Lanka's Yupun Abeykoon became the first sprinter from…
RECORD $82 BILLION DEALMAKING SPREE SEES INDIA DEFY GLOBAL SLUMP
The Times of India - June 28, 2022 Bankers in India recorded their best-ever quarter…
STAGFLATIONARY GLOBAL DEBT CRISIS LOOMS – AND THINGS WILL GET MUCH WORSE
Equity markets are likely to move deeper into bear territory. Photograph: Justin Lane/EPA The Guardian…
IMF-SRI LANKA BAILOUT TALKS END WITHOUT A DEAL
The International Monetary Fund has ended talks with Sri Lanka, failing to conclude a deal for a bailout package for the near-bankrupt nation after 10 days.
GLOBALDATA
Companies across industries are announcing mass layoffs in response to the ongoing volatile macroeconomic environment in the wake of the COVID-19 pandemic
‘COMPLETELY COLLAPSED’: SRI LANKAN ECONOMIC CRISIS OVERSHADOWS AUSTRALIAN CRICKET TOUR
- June 29, 2022 Last week, Australian Test captain Pat Cummins and a trio of teammates…
CASH- STARVED PAK MAKES APPEAL FOR FRESH LOANS, UAE OFFERS BAILOUT DEAL
Photo: ANI Business Standard - June 28, 2022 In response to cash-strapped Pakistan's request for fresh…
BILLIONAIRES ARE RACING TO SPACE—AND THE CLIMATE IS PAYING THE PRICE
A crewed Blue Origin New Shepard rocket launches from West Texas north of Van Horn…
SURGE IN 5G SUBSCRIPTIONS
The top 20 telecom operators in the Asia-Pacific (APAC) region reported a year-on-year (YoY) cumulative average revenue growth of 7.5% in 2021, primarily
CRISIS-HIT SRI LANKA JUST DAYS FROM RUNNING OUT OF FUEL
Sri Lanka's Air Force members distribute tokens to people queueing for fuel due to fuel…
SRI LANKA RUNS OUT OF FUEL, UNCERTAINTY OVER AVAILABILITY OF FRESH SUPPLIES HITS CITIZENS
India Narrative - 26 June 2022 Sri Lanka has run out of fuel. Worse, there…
A WORLD APART, LEBANON AND SRI LANKA SHARE ECONOMIC COLLAPSE
FILE- Riot police stand guard as anti-government protesters try to remove a barbed-wire barrier to…
RESEARCH FROM 44 COUNTRIES SHOWS LEVELS OF RISING INFLATION ACROSS THE WORLD
Inflation is rising substantially around the : Unsplash/John McArthur World Economic Forum - 23 June 2022…
EXPLAINER: WHY CHINA’S YUAN IS WEAK AND MAY GET EVEN WEAKER
Counting yuan notes. Asia Financial - June 21, 2022 China’s yuan is this year facing the…
SRI LANKAN PRIME MINISTER: ISLAND’S ECONOMY ‘HAS COLLAPSED’
Women wait in a queue to buy kerosene in in Colombo, Sri Lanka, Saturday, June…
AIR INDIA PREPARES ONE OF THE LARGEST AIRCRAFT DEALS IN AVIATION HISTORY
Air India. Photo: Bloomberg Business Standard - June 20, 2022 Air India Ltd. is considering ordering as…
80% OF ECONOMISTS SEE ‘STAGFLATION’ AS A LONG-TERM RISK. WHAT IT IS AND HOW TO PREPARE FOR IT
Runaway inflation has raised fears that the economy is headed towards a return of stagflation…
CRYPTO FEARS NOW MATERIALISING, CENTRAL BANK BODY BIS SAYS
Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC…