economic crisis

Image for Russia’s economic slump will wipe out 15 years of gains – IIF
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Russia’s economic slump will wipe out 15 years of gains – IIF

LONDON (Reuters) -Russia’s economy will shrink 15% this year and 3% in 2023 as the hit from Western...

8th June, 2022

Image for Brothers at odds, but ruling family still holds key to Sri Lanka’s future
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Brothers at odds, but ruling family still holds key to Sri Lanka’s future

By Alasdair Pal and Devjyot Ghoshal COLOMBO (Reuters) – It was the moment when two brothers who had...

8th June, 2022

Image for Ukraine rebases businesses from war front to shield vital producers
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Ukraine rebases businesses from war front to shield vital producers

By Natalia Zinets KYIV (Reuters) – Oleg Averyanov’s factory produced fire trucks and employed 600 pe...

6th June, 2022

Image for Lebanese security chief fears political paralysis, social collapse
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Lebanese security chief fears political paralysis, social collapse

BEIRUT (Reuters) – A senior Lebanese security official has said the risk of political paralysis has...

3rd June, 2022

Image for Turkish inflation soars to 73%, highest since 1998
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Turkish inflation soars to 73%, highest since 1998

By Ezgi Erkoyun and Nevzat Devranoglu ISTANBUL (Reuters) – Turkey’s annual inflation rate jumped to...

3rd June, 2022

Image for Sri Lanka’s prime minister takes on crucial finance ministry portfolio
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Sri Lanka’s prime minister takes on crucial finance ministry portfolio

By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka’s Prime Minister Ranil Wickremesinghe will hold du...

25th May, 2022

Image for Snap says economy deteriorated fast, slashes forecast, stock plummets
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Snap says economy deteriorated fast, slashes forecast, stock plummets

By Sheila Dang (Reuters) -Snap Inc said the economy had worsened faster than expected in the last mo...

24th May, 2022

Image for Long fuel queues persist in Sri Lanka despite scramble to deliver supplies
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Long fuel queues persist in Sri Lanka despite scramble to deliver supplies

By Uditha Jayasinghe and Devjyot Ghoshal COLOMBO (Reuters) – Long queues snaked around gas stations...

23rd May, 2022

Image for Morgan Stanley sees Ukraine GDP slump by 60% in 2022 if “no clear resolution”
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Morgan Stanley sees Ukraine GDP slump by 60% in 2022 if “no clear resolution”

LONDON (Reuters) – Morgan Stanley said on Wednesday Ukraine’s economy could slump as much as 60% yea...

18th May, 2022

Image for Explainer-Sri Lanka’s reluctance to tap IMF helped push it into an economic abyss
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Explainer-Sri Lanka’s reluctance to tap IMF helped push it into an economic abyss

By Devjyot Ghoshal and Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s worst economic crisis has t...

18th April, 2022

Image for Poverty, education levels draw battle lines in French election
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Poverty, education levels draw battle lines in French election

By Leigh Thomas PARIS (Reuters) – As French President Emmanuel Macron and Marine Le Pen head into a...

12th April, 2022

Image for FEATURE-Nigeria’s women shopkeepers forced to scale back as prices soar
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FEATURE-Nigeria’s women shopkeepers forced to scale back as prices soar

• Food, fuel inflation pushes up shopping bills • Small business owners forced to cut costs as sales...

12th April, 2022