France's Macron says deep-sea mining must not go ahead

investing.com By Catarina Demony and Helen Reid LISBON - French President Emmanuel Macron said on Thursday a legal framework was needed to stop deep-sea mining from going ahead and urged countries to put their money on science to...

IMF-Sri Lanka bailout talks end without a deal

cnbc.com The International Monetary Fund has ended talks with Sri Lanka, failing to conclude a deal for a bailout package. Nevertheless, the IMF promised to keep up the talks, which began on June 20. Sri Lanka is facing its...

Sri Lanka crisis gives India chance to gain sway vs China

apnews.com NEW DELHI (AP) — Sri Lanka's strategic location has attracted outsized interest in the small island nation from regional giants China and India for more than a decade, with Beijing and its free-flowing loans and...

Gas lines and scuffles: Sri Lanka faces humanitarian crisis

apnews.com COLOMBO, Sri Lanka (AP) — Chamila Nilanthi is tired of all the waiting. The 47-year-old mother of two spent three days lining up to get kerosene in the Sri Lankan town of Gampaha, northeast of the capital Colombo....

Impossible situation" for Sri Lankans struggling for petrol

investing.com By Uditha Jayasinghe COLOMBO - Sri Lankan doctors and other medical staff as well as teachers will take to the streets on Wednesday to demand that the government solve a severe fuel shortage at the heart of the...

Sri Lanka sends 2 ministers to Russia for oil amid crisis

apnews.com COLOMBO, Sri Lanka (AP) — Sri Lanka is sending two ministers to Russia to negotiate for fuel — one of the necessities that the Indian ocean island nation has almost run out of amid its ongoing economic crisis.Power...

Senior US officials visit Sri Lanka to help resolve crisis

go.com Senior U.S. officials have arrived in Sri Lanka to find ways to help the island nation in the throes of an unprecedented economic crisis and severe shortages of essential supplies

Senior US officials visit Sri Lanka to help resolve crisis

apnews.com COLOMBO, Sri Lanka (AP) — Senior U.S. officials arrived in Sri Lanka on Sunday to find ways to help the island nation in the throes of an unprecedented economic crisis and severe shortages of essential supplies, as...

Singapore: Is the City-State Ready to Become Asia’s Next Crypto Hub?

financemagnates.com In a speech at the opening of the Point Zero Forum on 22 June 2022, Heng Swee Keat, Singapore’s Deputy Prime Minister and Coordinating Minister for Economic Policies, said that the country is keen to work with...

Inflation sparks global wave of protests for higher pay, aid

apnews.com Rising food costs. Soaring fuel bills. Wages that are not keeping pace. Inflation is plundering people's wallets, sparking a wave of protests and workers’ strikes around the world. This week alone saw protests by the...

A world apart, Lebanon and Sri Lanka share economic collapse

apnews.com BEIRUT (AP) — Lebanon and Sri Lanka may be a world apart, but they share a history of political turmoil and violence that led to the collapse of once-prosperous economies bedeviled by corruption, patronage, nepotism...

EXPLAINER: Why Sri Lanka's economy collapsed and what's next

apnews.com COLOMBO, Sri Lanka — Sri Lanka’s prime minister says the island nation’s debt-laden economy has “collapsed” as it runs out of money to pay for food and fuel.

Woman who had miscarriage on Malta trip can't get abortion

apnews.com ROME (AP) — A pregnant American woman who suffered an incomplete miscarriage while vacationing in Malta will be airlifted to Spain on Thursday for a procedure to prevent infection because Maltese law prohibits...

EXPLAINER: Why Sri Lanka's economy collapsed and what's next

go.com Sri Lanka’s prime minister says the island nation's debt-laden economy has “collapsed” as it runs out of money to pay for food and fuel

EXPLAINER: Why Sri Lanka's economy collapsed and what's next

apnews.com COLOMBO, Sri Lanka (AP) — Sri Lanka’s prime minister says the island nation’s debt-laden economy has “collapsed” as it runs out of money to pay for food and fuel. Short of cash to pay for imports of such necessities...