Here’s how IMF bailout for Sri Lanka will pan out
The IMF Board approved the agreement after receiving the necessary financial guarantees to restore debt sustainability from the country’s biggest…
Here’s why wheat flour became so costly in Pakistan
In Pakistan, the cost of wheat flour has been steadily rising for several weeks. People have been hard hit by…
Here’s what the ‘student loan safety net’ US Feds have proposed
The White House is moving forward with a proposal that would offer a new way to repay federal loans under…
Here’s why foreign exchange reserves fell $70 bn in 2022
India’s foreign exchange reserves fell by about $70 billion in 2022, following three years of increases, as inflation and interest…
THE POST-PANDEMIC PERSISTENCE OF THE E-COMMERCE INDUSTRY
There is no doubt that e-commerce, including online shopping, curbside pickup, and food delivery, assisted many in surviving the pandemic.…
Here’s why 2022 was a bad year for Elon Musk and Tesla
In a year when stocks have declined, Tesla’s share price decline of 70% stands out due to the amount of…
Can Europe’s new Social Climate Fund protect poor from rising carbon cost?
Politicians are wary of the social unrest sparked in France in 2018 when the government increased taxes on diesel, hitting…
Here’s why World Bank plans to lend $500 million to help Brazil meet climate goals
Late on Thursday night, the World Bank’s board of directors gave final approval to a $500 million project in Brazil…
Here’s why Indonesia to restrict palm oil exports from Jan. 1
In order to ensure there was enough domestic supply, Indonesia will tighten export regulations for palm oil starting on January…
Here’s how Bankman-Fried secured $250 mln bail
Sam Bankman-Fried, the founder of FTX, successfully negotiated a bail agreement on Thursday that would release him with movement restrictions…
Here’s how Russian gold is removed from Western funds after Ukraine war
Russian gold worth billions of dollars has quietly changed hands in high-security bank vaults in London, Zurich, and New York…
The Sovereign Gold Bond Scheme 2022–23
The Sovereign Gold Bond Scheme 2022–23 – Series III, which is open for subscription from December 19–23, 2022, has been…
Here’s how World Bank is planning to make urban transport better for Indian women
The World Bank unveiled a “Toolkit on Enabling Gender Responsive Urban Mobility and Public Spaces in India” on December 8…
Here’s what the new ties between China and Saudi Arabia mean
During Chinese President Xi Jinping’s visit to the kingdom, Saudi Arabia and China signed a number of bilateral agreements, indicating…
Here’s how the Russian oil price cap, ban will affect consumers
Russian oil export prices will be capped by Western governments in an effort to reduce the amount of money Moscow…
