Russia economy meltdown as bonds crash and shopping centres face mass bankruptcy
The Union of Shopping Centres (STTs) estimates that half of the country’s shopping centres are facing high debt burdens. Many have taken out loans...
Donald Trump Media Firm Soars in Stock Market Debut
Shares in Donald Trump’s media company soared as the firm made its formal debut on the stock market. Shares surged past $70 in early...
Misplaced Enthusiasm About A BRICS Currency
Toronto, Atlanta (10/11 – 50) As recently as the early 1980s, central bankers around the world could be heard moaning and groaning about having...
President Wickremesinghe’s Contribution To Securing IMF Loan For Sri Lanka
Brussels (08/11 – 50) On March 20, the IMF approved a $3 billion Extended Fund Facility (EFF) to support Sri Lanka amid its economic...
US Compels Saudi Fund to Exit Altman-backed AI Chip Startup – Bloomberg News
Nov 30 (Reuters) – The Biden administration has forced a Saudi Aramco-backed venture capital firm to sell its shares in a Silicon Valley AI...
Tajikistan Journalist, Mamadshoeva Sentenced To 21 Years In Prison
Brussels (25/11 – 33.3) Tajikistan Supreme Court has sentenced a widely respected 65-year-old female journalist, Ulfathonim Mamadshoeva, to 21 years in prison on charges...
Notorious Benjamin Wey Sues Sri Lanka For $250 Million
London (05/11 – 44.44) Benjamin Wey, a Chinese-American financier, founder of Fintech Holdings and a history of legal trouble, is suing Sri Lanka for $250...
Sri Lanka Reaches Agreement To Settle Chinese Debt
Paris (15/11 – 75) Sri Lanka has reached an agreement with the China Exim bank on the principles and terms of a $4.2 billion...
Tajikistan to Study France’s Human Rights Freedom, Terrorism Prevention
London (28/11 – 58) Tajikistan’s human rights record continues to deteriorate amid an increased crackdown on freedom of expression and the political opposition, as...
The Relevance of NATO in the 21st Century
Frankfurt (3/12 – 12) The relatively rapid cohesion of disparate nations, historically competitive or even at war with one another, into the European Union...