Global Economy | Page 2 | The Business Standard

Protestors stand on a water cannon vehicle as they shout slogans during a protest organised by students near the President's House, amid the country's economic crisis, in Colombo, Sri Lanka, May 19, 2022. REUTERS/Adnan Abidi/File Photo

Global Economy

'We are going to die': Sri Lanka warns of food shortages

Sri Lanka is facing a dire shortage of foreign exchange, fuel and medicines, and economic activity has slowed to a crawl

Global Economy

IMF urges Asia to be mindful of spillover risks from tightening

FILE PHOTO - An investor stands in front of an electronic board showing stock information at a brokerage house in Shanghai, China, August 24, 2015. REUTERS/Aly Song

Global Economy

Asian shares jump as China cuts key lending benchmark

FILE PHOTO: Tesla Inc CEO Elon Musk walks next to a screen showing an image of Tesla Model 3 car during an opening ceremony for Tesla China-made Model Y program in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo

World+Biz

Musk says 'Tesla is on my mind 24/7' amid concerns about Twitter distraction

Founder and CEO of Tesla Motors Elon Musk speaks during a media tour of the Tesla Gigafactory in Sparks, Nevada, U.S. July 26, 2016. REUTERS/James Glover II//File Photo

World+Biz

Elon Musk to meet with Brazil's Bolsonaro

Sri Lanka's pro government supporters vandalise the camps of anti government protestors outside the president's office in Colombo, Sri Lanka, Monday, May 9, 2022. Government supporters on Monday attacked protesters who have been camped outside the office of Sri Lanka's prime minster, as trade unions began a "Week of Protests" demanding the government change and its president to step down over the country's worst economic crisis in memory. (AP Photo/Eranga Jayawardena)

Sri Lanka Crisis

Sri Lanka defaults on debt for first time in its 70-year history

Chinese Foreign Minister Wang Yi speaks during a joint press conference with Iranian Foreign Minister Mohammad Javad Zarif in Beijing, China December 5, 2016. REUTERS/Greg Baker/Pool

China

China says it wants to expand BRICS bloc of emerging economies

A trader works on the floor of the New York Stock Exchange shortly after the opening bell in New York, US, January 24, 2020. Photo: Reuters

Global Economy

World shares sink after inflation driven retreat on Wall St

Falling trade barriers and hyper-efficient logistics produced an age of abundance for many. But the last four years have brought an escalating series of disruptions.Source: Bloomberg

Analysis

Age of scarcity begins with $1.6 trillion hit to world economy

A man counts Pakistani banknotes along a roadside in Islamabad, Pakistan, November 16, 2017. REUTERS/Faisal Mahmood

Global Economy

Pakistani rupee storms past 200-mark against US dollar in interbank

Russian Rouble coins are seen in front of displayed U.S. Dollar banknote in this illustration taken, February 24, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

Global Economy

Washington holds key to Russia's sovereign default

FILE PHOTO: Russian Energy Minister Alexander Novak attends the Energy Week International Forum in Moscow, Russia October 3, 2019. REUTERS/Evgenia Novozhenina

Global Economy

Russia to send oil rejected by Europe to Asia, other regions, says Novak

FILE PHOTO - Workers load palm oil fresh fruit bunches to be transported from the collector site to CPO factories in Pekanbaru, Riau province, Indonesia, April 27, 2022. REUTERS/Willy Kurniawan

World+Biz

Indonesia to lift palm oil export ban from Monday