With time running out, an IMF group travels to Sri Lanka, in the midst of country crisis
An IMF delegation will arrive in Sri Lanka on Monday to discuss a rescue proposal, but time is running out for a country that is just days away from running out of fuel and months away from receiving any relief funds. Sri Lanka is in the midst of its biggest financial crisis since its 1948 […]
After weeks of silence, Russia attacks Kyiv once more, and Vladimir Putin threatens the West about missile supply
Russia fired missiles at Kyiv for the first time in more than a month, and President Vladimir Putin threatened that if western nations supplied Ukraine with longer-range missiles, he would hit new targets in the country. Ukraine officials said a counter-attack has retaken half of Sievierodonetsk, the biggest battleground in the east where Russia has […]
Covid caseload reaches 517.8 million, including a death toll of 6.25 million
According to Johns Hopkins University, the global coronavirus caseload has reached 517.8 million, with over 6.25 million deaths and over 11.36 billion vaccines. The current global caseload and death toll, according to the University’s Center for Systems Science and Engineering (CSSE), are 517,888,062 and 6,253,145, respectively, while the total number of vaccine doses delivered has […]
PM Narendra Modi and French President Emmanuel Macron meet to discuss bilateral and global concerns
Prime Minister Narendra Modi met French President Emmanuel Macron here, and the two leaders spoke extensively on bilateral and global challenges, as well as agreeing on an ambitious agenda for the next phase of the India-France Strategic Partnership. Modi landed here from Denmark on the penultimate leg of his three-nation European visit on Wednesday night […]
US has not verified claim of Russia troop withdrawal: Joe Biden
President Joe Biden on Tuesday said the US has not yet verified” Russia’s claim that some of its forces have withdrawn from the Ukraine border and said an invasion of Ukraine remains a distinct possibility. Biden made the remarks at the White House hours after Russia announced that some units participating in military exercises near […]
COVID disrupts health services in over 90% of countries: WHO
Disruptions in basic health services such as vaccination programmes and treatment of diseases like AIDS were reported in 92% of 129 countries, a World Health Organization survey on the impact of the COVID-19 pandemic showed on Monday. The survey, conducted in November-December 2021, showed services were “severely impacted” with “little or no improvement” from the […]
World food prices ease in Dec, but hit 10-year peak in 2021: FAO
World food prices eased in December after four consecutive monthly gains but jumped 28% over 2021 for the highest average level since 2011, the U.N. food agency said on Thursday. The Food and Agriculture Organization’s (FAO) food price index, which tracks international prices of the most globally traded food commodities, averaged 133.7 points last month compared with […]
Sensex reclaims 60,000 mark; FPI buying, macroeconomic data buoy sentiment
The Sensex reclaimed the 60,000 mark after seven weeks, despite rising Covid-19 cases, as the benchmark indices closed higher for the fourth straight session on Wednesday. Inflows from foreign portfolio investors (FPIs), expectations of good quarterly results, and optimism triggered by positive macroeconomic numbers enthused investors. The Sensex gained 367 points, or 0.6 per cent, to close at 60,223, […]