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Tag: economic crisis

17 Results

  • Economic crisis: 100,000 families already starving

    Economic crisis: 100,000 families already starving

    Food Security Committee Chairman Dr. Suren Batagoda told The Island yesterday that at present some 100,000 families across the country were starving.

    August 10, 2022
  • Afghanistan: Economic crisis forces families and children to work in brick factories

    Afghanistan: Economic crisis forces families and children to work in brick factories

    After the Taliban seized power following the hasty withdrawal of US soldiers, the international community froze Afghanistan's assets and withheld help.

    July 25, 2022
  • Sri Lankans take to bicycles to ride out economic crisis

    Sri Lankans take to bicycles to ride out economic crisis

    Many of the middle-class professionals have switched to two wheels for everything from work commutes to grocery shopping after the country-mired in its worst economic crisis since independence in 1948.

    July 8, 2022
  • Money talks

    Money talks

    Nepal’s economy, as an expert recently put it, lacks depth, and this implies it is at risk of an economic crisis despite the statistics not showing any cause for immediate alarm. 

    May 31, 2022
  • But where is the crisis in Nepal?

    But where is the crisis in Nepal?

    The International Monetary Fund and the World Bank both have made their views clear on why it is not a crisis that is being projected.

    May 5, 2022
  • Lanka’s woes

    Lanka’s woes

    The proposed interim government will, it is hoped, resolve the political impasse caused by the island nation’s worst economic crisis in decades.

    May 3, 2022
  • SL leaders promise various approaches to address challenges

    SL leaders promise various approaches to address challenges

    The Sri Lankan government is taking various approaches to address current challenges faced by the country amid the ongoing economic crisis, the country leaders said in their messages on the International Labour Day.

    May 1, 2022
  • Unique show of solidarity in Sri Lanka

    Unique show of solidarity in Sri Lanka

    The resentment against the Sri Lankan government's mishandling of the economy had been growing in the country since last year.

    April 20, 2022
  • Nepal too?

    Nepal too?

    According to the country’s central bank (Nepal Rastra Bank or NRB), foreign currency reserves dropped by over 16 per cent to $9.59 billion in the seven months leading up to February 2022.

    April 19, 2022
  • Rationed fuel

    Rationed fuel

    Confronted with an unprecedented economic crisis, one that has severe political ramifications, Sri Lanka has announced fuel rationing for vehicles.

    April 19, 2022
  • Will playing India against China work for Colombo?

    Will playing India against China work for Colombo?

    India is trying to reassert its traditional influence in South Asia whilst being wary of Chinese attempts to control all strategic ports in Sri Lanka.

    April 17, 2022
  • Stalin urges Centre to allow Tamil Nadu govt to ship essentials to Sri Lanka

    Stalin urges Centre to allow Tamil Nadu govt to ship essentials to Sri Lanka

    MK Stalin urged the Central government to allow the state government to ship essential commodities from Thoothukudi port to the Sri Lankan Tamils.

    April 16, 2022
  • PM Sharif

    PM Sharif

    Top priority ought to be given to fixing the torpid economy. The PTI had inherited a stuttering economy that it has left in far worse condition; ordinary people are grappling with double-digit inflation, as well as wage and job losses. There has been a decline too in macroeconomic indicators.

    April 14, 2022
  • Sri Lanka: Perinatal Society appeals for help to ‘save newborn babies’ as hospital runs out of essential consumables

    Sri Lanka: Perinatal Society appeals for help to ‘save newborn babies’ as hospital runs out of essential consumables

    According to the media outlet, the letter requested sending some ET tubes, neonatal ventilator circuits or any other useful consumable item.

    April 11, 2022
  • Uncertainty deepens

    Uncertainty deepens

    President Rajapaksa dissolved the Cabinet on Monday as he tried to put in place a unity government in the face of public unrest over the ruling party’s handling of the direly indebted economy. The endemic shortage of food and crippling power cuts are but symptoms of the overwhelming malaise.

    April 8, 2022
  • Dateline Colombo

    Dateline Colombo

    Sri Lanka’s economic woes are generally attributed to the fact that successive governments in Colombo have not diversified exports. They have instead relied on the traditional cash commodities, such as tea, garments and tourism.

    April 5, 2022
  • No plan to print currency notes to tide over crisis: FM

    No plan to print currency notes to tide over crisis: FM

    The Reserve Bank of India, in its latest Monetary Policy Committee (MPC) resolution of June 4, 2021, has projected India's real GDP to grow at 9.5 per cent in 2021-22, after accounting for the impact of the second wave as compared to its earlier projection of 10.5 per cent, she said.

    July 26, 2021