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Business
149 posts
Misplaced Enthusiasm About A BRICS Currency
Toronto, Atlanta (10/11 – 50) As recently as the early 1980s, central bankers around the world could be…
President Ranil Wickremesinghe Remarkable Turnaround for Sri Lanka’s Tumultuous Economy
London (07/11 – 70) President Ranil Wickremesinghe, at the helm of the United National Party (UNP), has orchestrated…
Vale Canada, Sumitomo Metal Sign Initial Agreement to Sell 14% Stake in Indonesia Nickel Miner
Vale Base Metals said its Vale Canada unit and Japan’s Sumitomo Metal Mining signed an initial agreement on…
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…
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…
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…
US Existing Home Sales Slump to More Than 13-year Low, Prices Accelerate
U.S. existing home sales dropped to the lowest level in more than 13 years in October as the…
Canada Oil Firms Face Losses as Booming Supply Runs Into Trans Mountain Delays
Canadian oil producers are bracing for further potential delays to the Trans Mountain pipeline expansion (TMX) that could…
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…
UM Consumer Sentiment Index Falls in October
The Consumer Sentiment Index released Friday by the University of Michigan (UM) Surveys of Consumers fell to 63.8…