crisis
A growing world food crisis is precipitating protectionist moves by countries which are likely to compound the problem and could lead to a wider trade war, business leaders and policymakers at the World Economic Forum said. In a sign of the escala..
Sri Lanka increased fuel prices on Tuesday, a long-flagged move to mend public finances and combat its debilitating economic crisis, but the hikes are bound to add to galloping inflation at least in the short term. Power and Energy Minister Kancha..
On a lush plantation in Sri Lanka, Arulappan Ideijody deftly plucks the tips of each tea bush, throwing them over her shoulder into an open basket on her back. After a month of picking more than 18 kg (40 lb) of such tea leaves each day, she and h..
Sri Lanka, an island nation of 22 million, is facing an economic and political crisis, with protesters taking to the streets in defiance of curfews and government ministers stepping down en masse. Driving the discontent is the worst economic downt..
Doctors across Sri Lanka say hospitals are running out of medicines and essential supplies as the country's economic crisis worsens. They fear a health catastrophe if international help doesn't arrive soon. "Day by day things are runn..
The Russian military operation in Ukraine is close to completing its second month, and the war is still not over yet, as no sound rises above the sounds of battles, explosions and sirens that ring every day, or even every few hours, in the various ea..
Oil prices climbed to nearly three-week highs on Monday as fears over tight global supply grew, with the deepening crisis in Ukraine raising the prospect of heavier sanctions by the West on top exporter Russia. Brent futures were up $1.09, or 1.0%..
Sri Lanka ordered the Colombo Stock Exchange to be halted next week to give investors time to absorb the countrys unprecedent economic conditions. Bloomberg News said that the Securities and Exchange Commission of Sri Lanka said, in...
Police in Sri Lanka's capital lifted a curfew on Friday after protests in which dozens of people were arrested and several policemen were hurt near the home of President Gotabaya Rajapaksa over his handling of an economic crisis. Hundreds of p..
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