China’s momentum is fading after decades of supercharged growth. A much anticipated post-pandemic recovery appears to have flopped, with data flashing warnin...

A sharp uptick in the number of German firms beginning insolvency proceedings is raising eyebrows in Europe's largest economy. Some 762 firms declared bankruptcy in September — a 34% increase from the same period last year.

Ukraine's army recaptured around "2,000 kilometres of territory" in September, President Volodymyr Zelensky announced Saturday, adding that the Russian army was doing the right thing in fleeing the counteroffensive. As Russia's war on Ukraine reaches a dr...

Lebanon is now going through the worst economic crisis in its history. 80 per cent of the population lives below the poverty line. In one year, food prices h...

The pandemic has radically changed the world as we know it, and the actions we take today, as we work to recover, will define our generation. It’s why the World Economic Forum is calling for a new form of capitalism, one that puts people and planet first,...

Tensions are rising between the world's two biggest economies.

Protesters stormed the president's official residence in Sri Lanka's capital Colombo after clashing with police and breaking through barriers. The march is the country's biggest demonstration after thousands called for the president to resign amid a huge...

Seeing no end to Sri Lanka’s fuel crisis, many are now cooking with firewood and charcoal stoves, and turning away from automobiles and towards bicycles. The South Asian nation has failed to pay for petrol and diesel imports and is suffering with prolonge...

Sri Lanka announced a two-week ban on fuel sales for all non-essential services, starting from June 28, 2022, as the island nation faces its worst economic crisis in 70 years. Schools have also been shut to reduce the need for commuting, and the governmen...

Sri Lanka's debt crisis is a warning to the world. The World Bank says a global debt storm is coming. It could engulf 70 developing countries & make their economies fall like dominoes. What are the threats they face? How can they be averted? Palki Sha...