economic crisis

Image for Euro falls below parity for the first time in 2 decades
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Euro falls below parity for the first time in 2 decades

LONDON (Reuters) -The euro dropped below parity against the dollar the first time in almost two deca...

13th July, 2022

Image for Sri Lanka to get new president next week amid political and economic meltdown
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Sri Lanka to get new president next week amid political and economic meltdown

By Uditha Jayasinghe and Devjyot Ghoshal COLOMBO (Reuters) -Sri Lanka’s parliament will elect a new...

11th July, 2022

Image for Sri Lanka’s president, cabinet set to resign, central bank governor to stay
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Sri Lanka’s president, cabinet set to resign, central bank governor to stay

By Uditha Jayasinghe and Devjyot Ghoshal COLOMBO (Reuters) -Sri Lanka’s President Gotabaya Rajapaksa...

11th July, 2022

Image for Exclusive-United Arab Emirates set to run Kabul airport in deal with Taliban, sources say
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Exclusive-United Arab Emirates set to run Kabul airport in deal with Taliban, sources say

By Alexander Cornwell DUBAI (Reuters) -The Taliban and the United Arab Emirates are poised to strike...

7th July, 2022

Image for “Impossible situation” for Sri Lankans struggling for petrol
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“Impossible situation” for Sri Lankans struggling for petrol

By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lankan doctors and other medical staff as well as teach...

29th June, 2022

Image for Sri Lanka stops fuel supply to non-essential services as crisis worsens
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Sri Lanka stops fuel supply to non-essential services as crisis worsens

By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka will shut schools and only allow fuel supplies to...

27th June, 2022

Image for Afghanistan earthquake kills at least 1,000 but toll expected to rise
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Afghanistan earthquake kills at least 1,000 but toll expected to rise

By Mohammad Yunus Yawar and Jibran Ahmad KABUL (Reuters) -The death toll from an earthquake in Afgha...

22nd June, 2022

Image for Bulgarian government faces no-confidence vote and political turmoil
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Bulgarian government faces no-confidence vote and political turmoil

By Tsvetelia Tsolova SOFIA (Reuters) – A no-confidence vote on Wednesday threatens to topple Bulgari...

22nd June, 2022

Image for Britons face rail disruption as workers strike over cost-of-living pressures
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Britons face rail disruption as workers strike over cost-of-living pressures

By Kylie MacLellan LONDON (Reuters) -Britain faces its biggest rail strike in 30 years this week whe...

20th June, 2022

Image for Once feted for pandemic heroics, world’s central banks now face an uneasy crowd
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Once feted for pandemic heroics, world’s central banks now face an uneasy crowd

By Howard Schneider, Julie Gordon and Leika Kihara WASHINGTON (Reuters) – Global central bankers, wh...

17th June, 2022

Image for Factbox-Surging food prices fuel protests across developing world
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Factbox-Surging food prices fuel protests across developing world

(Reuters) -The war in Ukraine and drought fuelled by climate change has sent global prices for grain...

9th June, 2022

Image for Sri Lanka president’s brother, Basil Rajapaksa, resigns from parliament
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Sri Lanka president’s brother, Basil Rajapaksa, resigns from parliament

By Uditha Jayasinghe COLOMBO (Reuters) – The brother of Sri Lanka’s president and the country’s form...

9th June, 2022