World economy

25 Apr 2019

With President Maithripala Sirisena asking defence minister and the police chief to resign and vowing a complete clean-up of the administration, chances of the return of the once ousted Mahinda Rajapaksa seems to be a probability

24 Apr 2019

23 Apr 2019

22 Apr 2019

Police had received a tip-off of a possible attack on churches by a little-known domestic Islamist group, the National Thawheed Jama’ut, some 10 days ago, but Prime Minister Ranil Wickremesinghe said the authorities decided to ignore it

22 Apr 2019

While the terrorists are yet to be identified and an official explanation of the terror attack may take some time, the attack had all the trappings of the 2008 Mumbai terror strike

18 Apr 2019

While multiple quick counts showed Widodo leading at 55 to 45 per cent, rival presidential candidate Prabowo said his team had evidence of cheating and claimed to have won 62 per cent of the popular vote based on internal polling

16 Apr 2019

Secretary-General Antonio Guterres said the world body owed nations millions of dollars for peacekeeping, the highest amount being the $38 million it owed India

16 Apr 2019

Firefighters barely managed to save the shell of the stone structure and its two main bell towers from collapse, even as they battled to rescue some of Notre-Dame’s treasures, including artwork

11 Apr 2019

If the British parliament accepts the extension and London remains in the European Union after 22 May, British voters will have to take part in European parliamentary elections, which most EU members oppose

10 Apr 2019

Netanyahu had pledged to annex Jewish settlements in West Bank if re-elected, which is likely to further hinder Israel-Palestine peace talks that have been stalled since 2014

08 Apr 2019

04 Apr 2019

03 Apr 2019

In a worst case scenario in which international cooperation on tariffs breaks down completely and countries set tariffs unilaterally, WTO expects a reduction in world GDP in 2022 of about 2 per cent and a reduction in global trade of about 17 per cent compared to baseline projections

29 Mar 2019

26 Mar 2019

25 Mar 2019

While almost 110,000 people have been saved, according to the National Institute of Disaster Management, at least 600,000 people have been displaced, the WFP said

25 Mar 2019

Attorney General William Barr said the investigation by US Special Counsel Robert Mueller into the alleged Russian meddling in US elections failed to prove any Russian connection to Trump and that there was insufficient evidence that Trump had attempted to obstruct justice

22 Mar 2019

The Federal Open Markets Committee said the decision to leave the target range for the federal funds rate at 2.25 per cent to 2.5 per cent was based on labour market conditions, inflation indicators and readings on financial and international developments

22 Mar 2019

22 Mar 2019

If Prime Minister Theresa May wins the 29 March parliament vote, Britain will get time until 22 May to leave the Union, so as to avoid legal wrangling and smoothen the process

13 Mar 2019

Lawmakers will now vote on whether Britain should quit the European Union without a deal, even as business leaders caution against such a move that would disrupt markets and supply chains, causing shortages of food and medicines

12 Mar 2019

While the new wording “will guarantee that the EU cannot act with the intent of applying the backstop indefinitely,” the changes fall well short of Brexiteers’ demands for a unilateral British exit from backstop – a mechanism that ties Britain to the EU customs union

08 Mar 2019

ECB President Mario Draghi said the package of assistance from new loans for banks to a longer pledge on record-low rates is intended to expand existing stimulus as growth in the euro-zone economy is forecast to drop 0.6 percentage points to 1.1 per cent this year

04 Mar 2019

27 Feb 2019