Global Economy

By Damien Cave and Christopher F. Schuetze As the global economy heats up and tries to put the pandemic aside, a battle for the young and able has begun. With fast-track visas and promises of permanent residency, many of the wealthy…
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WASHINGTON - The current inflation spike hitting countries across the world will peak in the months to come and stabilize by the middle of next year, the IMF predicted Wednesday (6). "Headline inflation is projected to peak in the final…
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COLOMBO – The International Monetary Fund (IMF) said its Board of Governors had approved a general allocation of Special Drawing Rights (SDRs) 456 billion, equivalent to US$650 billion on Monday (2), to boost global liquidity. The…
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By Peter S. Goodman and Niraj Chokshi In the story of how the modern world was constructed, Toyota stands out as the mastermind of a monumental advance in industrial efficiency. The Japanese automaker pioneered so-called Just In Time…
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By P. K. Balachandran COLOMBO - An independent international panel has urged members of the United Nations to sink their differences and rivalries to put together a system which will prevent the recurrence of pandemics like COVID-19.…
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