Economy

Russia’s resurrected military industrial complex is cannibalising the rest of its economy Ukraine is slowly losing the three-year conflict on the battlefield. Russia is slowly losing the economic conflict at…

The UK government borrowed £17.4bn in October, above the expected £12.3bn, mainly due to rising debt interest payments. This is the second-highest October borrowing on record, adding pressure on Chancellor…

While Alberto Fujimori was hailed for crushing a leftist insurgency and boosting the economy, he was convicted of gross human rights abuses. Peru has bid an emotional farewell to its divisive…

Beijing, Dushanbe announced upgrading of diplomatic relations. Chinese President Xi Jinping has promised to defend the “territorial integrity” of Tajikistan as he announced a boost to diplomatic relations with the…

China and Tajikistan on Friday announced the elevation of ties to comprehensive strategic partnership in the new era during Chinese President Xi Jinping’s ongoing state visit to Tajikistan, injecting new momentum and opening…

Becoming an export oriented economy is a good solution but it is a long term solution as we cannot become an export oriented economy overnight either as that takes years…

As Sri Lanka grapples with a severe economic crisis, the need for a transformative economic model has never been more apparent. Decades of neoliberal policies since 1977 have left the…

Sri Lanka has told hundreds of thousands of Russians and some Ukrainians staying in the country to escape the war that they must leave in the next two weeks, immigration officers said. The…

The Soviet Union’s collapse 32 years ago led to rapid change, economic collapse, and violence. In Tajikistan, that violence slid rapidly into civil war. Reflecting on the Soviet Union’s collapse…

Brussels (08/11 – 50) On March 20, the IMF approved a $3 billion Extended Fund Facility (EFF) to support Sri Lanka amid its economic crisis. The approval is expected to…