Economic

For many years, Tajikistan has been gravely affected by drug trafficking. At least 15-20 tons of opium and between 75 and 80 metric tons of heroin are smuggled into the country each year from…

President Nicolás Maduro of Venezuela announced last week that national elections will be held on July 28, ending months of speculation over whether and when a vote might go ahead. In greenlighting…

Introduction In our previous article on the value of the Sri Lankan rupee in this newspaper (see https://www.ft.lk/columns/Sri-Lankan-rupee-is-more-overvalued-now-than-before-the-crisis/4-758346) we noted that many commentators saw the overvaluation of the Sri Lankan rupee…

Russia’s war machine has shown remarkable stamina despite the hundreds of thousands of troops it is estimated to have lost in Ukraine. But under the hood, it may be less resilient…

Infighting over the succession and growing frustration in the regions could shatter the stability that the Tajik president has been building for so many years. Next year will mark thirty…

Copenhagen (13/11 – 37.5) When Ranil Wickremesinghe took over as Sri Lanka’s president in July after a popular uprising ousted his predecessor, the South Asian island nation was engulfed in…

London, Brussels (14/2 – 17) Pu·to·ni·a /ˈpo͞otəˈnēə/ Pu·to·ni·an /ˈpo͞otəˈnēyən/ (Noun: A state of dictatorship under the self-illusion of recreating a status quo by force to impose an ideology on others)…

The Bank of England looks set to raise borrowing costs by the most since 1989 next week even as it prepares for a recession that could be deepened by spending…