Financial crises have a domino effect. A seemingly small event in one country can have far-reaching consequences around the world. We’ve seen it in the 1997’s Asian Financial Crisis and again in the global financial crisis of 2009
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The departure of Sri Lanka’s Prime Minister, Mahinda Rajapaksa, follows weeks of protest and a deepening crisis. There is no bankruptcy system for states but if there was then the south Asian country – down to its last $50m (£40m) of…
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COLOMBO — An umbrella organization of seven Bay of Bengal nations says its members must urgently leverage geographical advantage and other resources to address their post-pandemic vulnerabilities and collectively strengthen resilience to…
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Over the past several months, stories about Sri Lanka’s deepening economic crisis were prominent in regional and global media. Yet much of the coverage converges on the symptoms of the crisis, from the country’s large foreign-debt burden,…
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By Stephanie Nolen LUSAKA, Zambia — There are few nurses in the Zambian capital with the skills and experience of Alex Mulumba, who works in the operating room at a critical care hospital. But he has recently learned, through a barrage of…
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By Camille Bas-Wohlert COPENHAGEN - The Omicron variant has moved the COVID-19 pandemic into a new phase and could bring it to an end in Europe, the WHO Europe director said Sunday (23). "It's plausible that the region is moving towards…
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The ongoing global pandemic of coronavirus disease 2019 (COVID-19), caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), was first identified from an outbreak in the Chinese city of Wuhan in December 2019.  Attempts to…
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By Max Fisher Boris Johnson, long famed for brushing off accusations of distorting, misleading or outright lying that, far from slowing his rise, seemed to only bolster his image as an incorrigible scamp, suddenly faces potential political…
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By Jeffrey Gettleman, Kate Conger and Suhasini Raj NEW DELHI — Nidhi Razdan was all set to travel to Harvard University to start a new job, and a new life, when she received a stunning email. A famous Indian news anchor at the apex of…
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By Damien Cave WEE WAA — Two years ago, the fields outside Christina Southwell’s family home near the cotton capital of Australia looked like a dusty, brown desert as drought-fuelled wildfires burned to the north and south. Last week,…
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