Sri Lanka, a country in South Asia, made its first financial default in May 2022. Its government was given a deadline of 30 days to pay the unpaid interest of $78 million, but it failed to do so. Which other nations are at risk of default in 2022, which poses an essential question? Here are … Read more
An appeals court revived a lawsuit claiming Bayer’s Roundup weedkiller caused his cancer. It is the latest in a string of legal defeats for the company. To avoid billions of dollars in damages. Bayer said it disagreed with the ruling and would consider its options. The U.S government requested court on Tuesday resuscitated a claim … Read more
The women are climbing up the well’s wall without a rope or harness to get to the water. India is one of 17 countries where “water stress” is “very high.” Villagers in Ghusiya announced that they will boycott municipal elections this year to protest the administration. The women are climbing up the well’s wall without … Read more
According to the US Treasury Secretary, the US would likely terminate an exception that allows Moscow to pay its international debts using dollars kept in the country, putting Vladimir Putin’s country at risk of default. “When we first imposed sanctions on Russia, we created an exemption that would allow a period of time for an orderly … Read more
Pennsylvania U.S. Senate candidate David McCormick said on Sunday that the “stakes are so high” in the forthcoming Republican primary to select the strongest Republican to go to the general election and shift the country’s trajectory by overturning Democratic dominance of the upper chamber of Congress. “I think we’re going to have a high turnout, … Read more
The German banking regulator BaFin warned on Tuesday that cyberattacks on the financial industry pose a “very serious” threat, one that has grown “more plausible” since Russia’s invasion of Ukraine. “The risk that companies in the financial sector will fall victim to cyberattacks or that internal IT security incidents will occur is very big and … Read more
The UN warned Tuesday that delayed rains are putting 20 million people in Kenya, Somalia, and Ethiopia at risk of hunger this year, exacerbating an already severe drought. A months-long drought has wreaked havoc on the Horn of Africa, destroying crops and cattle and causing tens of thousands of people to flee their homes … Read more
KARACHI: Standard Chartered’s latest survey into affluent (comprising emerging affluent, affluent and high net worth) consumers in 12 markets across Asia, Africa, the Middle East and UK, revealed that in Pakistan 92 per cent of them have reset their life goals following the pandemic. At the same time, for 50 per cent of the respondents, … Read more
BEIJING: Embattled property giant Evergrande plans what could become China’s biggest ever debt restructuring, wrapping in all its offshore obligations, reports said, as it established a risk committee before looming payment deadlines. The company’s struggles to meet its commitments have fanned concerns about China’s property sector, which forms a substantial part of the world’s second-biggest economy. … Read more
PARIS: Whether it is the heating bill, pump prices or making the weekly run to the supermarket, consumers are having to dig deeper and deeper into family budgets. Inflation is complicating the recovery of individual consumers from the pandemic and putting the recovery of the global economy at risk. What does the data say? Inflation figures … Read more
China is imposing sanctions on several US individuals and organisations in response to recent US sanctions on Chinese officials in Hong Kong. Those targeted include former US Commerce Secretary, Wilbur Ross, according to published reports on Saturday. The counter-sanctions come days before US Deputy Secretary of State Wendy Sherman is due to … Read more
The researcher have developed an artificial intelligence tool which can be used to combat COVID-19. According to the details, scientists have established a tool which can tell us that which coronavirus patient will suffer dangerous lung damage. The initial reports have reported the 80% exactness of its prediction about acute respiratory distress syndrome (ARDS). Sources … Read more
The World Bank warned of the risk of a fresh global debt crisis after highlighting the issue of biggest build-up in borrowing in the past 50 years. British newpaper Guardian reported that In its half-yearly Global Economic Prospects (GEP), said of the four waves of debt accumulation since the 1970s. The latest the largest, fastest … Read more
