A major gas pipeline from Russia to Germany is shutting down for annual maintenance amid German concern that Russia may not resume the flow of gas as scheduled
Sri Lanka’s Central Bank has raised its key interest rates to 14.50% and 15.50% to try to contain inflation that has added to the country's economic woes
Tunisian President Kais Saied has unveiled a new draft constitution that would bestow broad powers to the president and limit the powers of the prime minister and parliament
Sri Lanka’s economy, which a few years ago enjoyed strong growth that provided jobs and financial security, is now in a state of collapse, dependent on aid from India and other countries as its leaders desperately try to negotiate a bailout with the International Monetary Fund
The United Nations says that the death toll of children in last week’s devastating earthquake in southeastern Afghanistan has risen to 155 as the scope of the deadliest quake to hit the impoverished country in two decades comes into focus
Sri Lanka is sending two ministers to Russia to negotiate for fuel, a necessity that the Indian ocean island nation has almost run out of amid its ongoing economic crisis
Senior U.S. officials are in Sri Lanka seeking ways to help the island nation cope with an unprecedented economic crisis and severe shortages of essential supplies
The Group of Seven leading democratic economies has formally launched at its annual summit a global infrastructure and investment partnership aimed at pushing back China’s influence in the developing world
As food costs and fuel bills soar, inflation is plundering people’s wallets, sparking a wave of protests and workers’ strikes around the world
European Union leaders are discussing their response to the severe economic turbulence looming over the coming months as the full impact of Russia’s war sinks in and the threat of recession rises