Marxist-leaning politician says he understands the complex challenges facing Sri Lanka and will work to meet people’s hopes. Marxist-leaning politician Anura Kumara Dissanayake has taken his oath as Sri Lanka’s new president after he was declared the winner of Saturday’s election. Dissanayake took his oath at the Presidential Secretariat building…
In his first policy address after taking office in October 2021, Japanese Prime Minister Fumio Kishida pledged to “faithfully rebuild” the economy after three decades of stagnation. In a speech to parliament almost exactly two years later, Kishida said the economy was his priority “above all else”. “The Japanese economy…
Cambodia has started a massive project — a canal that links the Mekong River to the sea. Its deputy prime minister says the Funan Techo Canal is ‘a game-changer’. But Cambodia’s neighbours worried. Not only about the impact the canal could have on the Mekong Delta, but about China’s influence…
The United States Federal Reserve has cut interest rates for the first time since 2020. It was seen as the clearest signal yet that central banks are winning the fight against inflation. The US Federal Reserve – usually seen as a global leader – has joined other banks around the…
Rupert Murdoch’s proposed amendment would reportedly block any interference by three of his oldest son Lachlan’s siblings, who are more politically moderate. A battle over control of Rupert Murdoch’s global television and publishing empire begins Monday in a Reno, Nevada courtroom, where a judge will consider the contentious matter of succession. Murdoch, 93,…
Boeing is freezing hiring and is weighing temporary furloughs in the coming weeks to manage costs as a strike by more than 30,000 Boeing workers who build planes in factories on the West Coast of the United States stretched into its fourth day on Monday. The strike would also impact…
Billionaire Elon Musk has decried a ban on X in Brazil, where the social media company failed to comply with court orders. Brazilian Supreme Court Justice Alexandre de Moraes has unfrozen the bank accounts of the social media platform X and the satellite internet company Starlink after ordering the transfer…
Boeing’s management will likely need to access new sources of liquidity in the event of a prolonged strike. Fitch Ratings and Moody’s have joined S&P Global Ratings in warning that a prolonged strike at Boeing’s factories on the United States West Coast may lead to a ratings downgrade, a headache…
Yet, the introduction of dolutegravir into more health programmes depends on two things: how many generic doses the Colombian government buys — and how quickly. “It takes some time for generics to be registered,” said Luz Marina Umbasia, director of the Global Humanitarian Progress Corporation in Colombia. Umbasia explained that…
Boeing’s United States West Coast factory workers stood in long lines to vote on Thursday on a much-criticised new contract, some loudly calling for a strike, piling pressure on the planemaker as it wrestles with chronic production delays and mounting debt. A potential strike could start on Friday, which would…
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