Financial Crisis

Pakistan military chief seeks US help on release of IMF loan
Jul 30, 2022

Pakistan military chief seeks US help on release of IMF loan

Pakistani officials say the country's powerful army chief has contacted Washington, seeking U.S. help in securing an early release of a crucial $1.7 billion installment from the International Monetary Fund to Pakistan


Argentina names economy 'super minister' as crisis deepens
Jul 28, 2022

Argentina names economy 'super minister' as crisis deepens

Argentina’s government has announced the appointment of an economic “super minister,” its third economy minister in less than a month as the country struggles with high inflation and a slumping currency


Rights groups urge Sri Lanka not to use force on protesters
Jul 23, 2022

Rights groups urge Sri Lanka not to use force on protesters

International human rights groups have urged Sri Lanka’s new president to immediately order security forces to cease use of force against protesters after troops and police cleared their main camp following months of demonstrations over the country’s economic meltdown


Rights groups urge Sri Lanka not to use unlawful force
Jul 23, 2022

Rights groups urge Sri Lanka not to use unlawful force

International human rights groups have urged Sri Lanka’s new president to immediately order security forces to cease use of force against protesters after troops and police cleared their main camp following months of demonstrations over the country’s economic meltdown


Rajapaksa ally named PM in Sri Lanka as protest site cleared
Jul 22, 2022

Rajapaksa ally named PM in Sri Lanka as protest site cleared

A longtime ally of the Rajapaksa political family has been appointed as Sri Lanka’s new prime minister


Sri Lanka's newly elected president sworn into office
Jul 21, 2022

Sri Lanka's newly elected president sworn into office

Veteran politician Ranil Wickremesinghe has been sworn in as Sri Lanka’s new president to take charge of a nation bitterly angry he was chosen amid an unprecedented economic crisis


Unpopular Sri Lankan PM elected president; risks new turmoil
Jul 20, 2022

Unpopular Sri Lankan PM elected president; risks new turmoil

Sri Lankan lawmakers have elected the country's unpopular prime minister as their new president


Wickremesinghe elected new president in crisis-hit Sri Lanka
Jul 20, 2022

Wickremesinghe elected new president in crisis-hit Sri Lanka

Sri Lankan lawmakers have chosen six-time Prime Minister Ranil Wickremesinghe as president to succeed the ousted leader who fled the country in a vote that risks reigniting political turmoil in the troubled South Asian island nation


Sri Lankan prime minister, 2 rivals vie in presidential race
Jul 19, 2022

Sri Lankan prime minister, 2 rivals vie in presidential race

Sri Lanka’s prime minister and acting president Ranil Wickremesinghe faces two rivals in a parliamentary vote on who will succeed the ousted leader who fled the country last week


Lebanese forces, investigative judge raid central bank
Jul 19, 2022

Lebanese forces, investigative judge raid central bank

Lebanese security forces, accompanied by an investigative judge, have raided the country’s Central Bank in a divisive investigation against the bank’s embattled governor



The Budget Report

Delivers the latest news of various finance and economic status in the ever-changing world economy to make sure everyone is up-to-date with the current trends.