Tue, 21-Oct-2025

Inflation in the United States, according to Biden, might linger ‘for a while’

Biden

Biden: Inflation “will come down gradually, but we’re going to live with it for a while”. Comments were made at an event hosted by billionaire media magnate Haim Saban. ‘Midterm elections are on Nov. 8, and control of Congress is on the line. President Joe Biden advised that U.S. expansion could endure “for some time” … Read more

Sri Lankan merchandise exports surpass revenue target for 2021

sri lankan exports

COLOMBO: Sri Lanka’s merchandise exports were recorded at $12.48 billion in 2021, surpassing the country’s export revenue target of $12.14 billion, local media citing provisional data from the Export Development Board (EDB) reported on Saturday. Minister of Trade Bandula Gunawardena was quoted by the Daily FT as saying that Sri Lanka’s merchandise export revenue grew … Read more

Tesla to accept dogecoin as payment for merchandise, says Musk

Tesla

Tesla Inc chief Elon Musk said on Tuesday the electric carmaker will accept dogecoin as payment for merchandise on a test basis, sending the meme-based cryptocurrency up 24 per cent, Reuters reported. “Tesla will make some merch buyable with Doge & see how it goes,” Musk said in a tweet. Dogecoin, popular among retail investors, raced up … Read more