NEW DELHI: Prime Minister Narendra Modi's new government suffered a double economic blow of slowing growth and rising unemployment as it took office Friday (May 31).Modi named Nirmala Sitharaman as his new finance minister in a drastically revamped Hindu nationalist administration after winning a second straight landslide in the April to May election. … [Read more...] about New India government suffers double economy hit
Economy
IMF: too early to assess Sri Lanka economic damage from Easter bombings
By Shihar AneezCOLOMBO (Reuters) - The International Monetary Fund said on Thursday it was holding its forecast for Sri Lanka's 2019 economic growth at 3.5% in spite of devastating Easter bombings, saying it was too early to assess financial damage. The April 21 bombings, which killed more than 250 people in churches and hotels and were claimed by Islamic State, have scared … [Read more...] about IMF: too early to assess Sri Lanka economic damage from Easter bombings
Trump threatens to raise Chinese tariffs to 25% this week
Nonetheless, the overall U.S. economy has remained healthy. ... COLOMBO, Sri Lanka (AP) — The father of two of the suspected Easter suicide ...Source link … [Read more...] about Trump threatens to raise Chinese tariffs to 25% this week
Bennet: Economy Has Been in ‘Straight Line’ Since Obama
Sen. Michael Bennet, the latest Democrat to announce his candidacy for the 2020 presidential nomination, downplayed Fridays' job numbers report, saying they just reflect statistics that have been in a "straight line" since 2009 when President Barack Obama took office."I'll give credit for [President] Donald Trump not screwing up the first two years he was here," the Colorado … [Read more...] about Bennet: Economy Has Been in ‘Straight Line’ Since Obama
Sri Lanka central bank on economy, tourism
"The experience of other countries suggests tourist arrivals to Sri Lanka will fall sharply and could take many years to fully recover," said Gareth Leather, senior Asia economist at Capital Economics. "Arrivals to the Indonesian island of Bali dropped by 40% after terrorist attacks in October 2002 and didn't return to … [Read more...] about Sri Lanka central bank on economy, tourism
Dr Hafeez Shaikh worked on key economy positions | Top Story | thenews.com.pk
Dr Hafeez Shaikh worked on key economy positionsISLAMABAD: Prime Minister Imran Khan has appointed Dr Abdul Hafeez Shaikh as Adviser on Finance.Dr Abdul Hafeez Shaikh is currently staying at Dubai. Talking to The News on Thursday night, he said that he was currently in Dubai and could talk only after getting confirmation about his appointment.Dr Hafeez Shaikh had served on key … [Read more...] about Dr Hafeez Shaikh worked on key economy positions | Top Story | thenews.com.pk
Pakistani pharmaceutical company eyes to enter Azerbaijani market
12 April 2019 13:58 (UTC+04:00) Access to paid information is limited News on the website Trend.az marked as , is available ONLY to subscribers of TREND International News Agency. The username or password you entered is incorrect. User … [Read more...] about Pakistani pharmaceutical company eyes to enter Azerbaijani market
Rupee appreciation, a positive sign, says expert – Hiru News
Reports state that the rupee appreciation that was witnessed in the past few days will have a positive impact on the economy.The Former President of the Stock Brokers Association of Sri Lanka, says that the depreciation of the rupee brought a negative side to the country’s economy, and a correction with regard to the over depreciation of the rupee is taking place at present.He … [Read more...] about Rupee appreciation, a positive sign, says expert – Hiru News
IMF endorses Sri Lankan government budget
IMF endorses Sri Lankan government budget By Saman Gunadasa 14 March 2019The second reading of the 2019 government budget presented by Finance Minister Mangala Samaraweera was passed by the Sri Lankan parliament on Tuesday. The final vote on the United National Party (UNP)-led government’s measures, which are in line … [Read more...] about IMF endorses Sri Lankan government budget
Malaysia Warns Philippines Over China Debt | Mahathir Mohamad Warns Duterte about CCP Loans
Malaysian Prime Minister #Mahathir Mohamad went to the Philippines to speak to Filipino President Rodrigo #Duterte and he has a stern warning about investment from #China and the South China Sea. Borrowing huge Chinese loans can lead to Debt Trap diplomacy, something that nailed Pakistan, Sri Lanka and Djibouti. Will the Philippines be next?YouTube demonetizes our channels! … [Read more...] about Malaysia Warns Philippines Over China Debt | Mahathir Mohamad Warns Duterte about CCP Loans
