Sri Lanka Aims to Hike Taxes in Budget to Soften Crisis
Sri Lanka’s president has proposed to more than double the country’s tax revenue as the island nation struggles to come out from its worst economic crisis.
Sri Lanka’s president has proposed to more than double the country’s tax revenue as the island nation struggles to come out from its worst economic crisis.
Supply chains, Russia’s war in Ukraine and the impact of COVID-19 are top issues for U.S. Treasury Secretary Janet Yellen as she meets with Indian government and business leaders in New Delhi.
Australian officials say Moscow must he held to account for Russian cybercriminals accused of hacking Australia’s largest health insurer and dumping customers’ personal medical records on the dark web.
Statistics show that Britain’s economy shrank in the three months to September, and forecasters are warning of many months of contraction to come.
Saudi Arabia’s vision of an environmentally friendly future is on display just a short drive from the venue of the U.N. climate summit being held in Egypt.
SEOUL – South Korea’s defence ministry said on Friday negotiations to sell artillery shells with the United States as the end user are ongoing, after The Wall Street Journal reported Seoul had agreed to sell weapons that would be destined for Ukraine.
SHARM EL SHEIKH, Egypt – The World Bank is ready to step up financing of action to tackle climate change in the world’s poorest countries, but needs fresh funds from wealthy donor countries to do so, its managing director of operations told Reuters.
WASHINGTON – President Joe Biden starts a week-long trip to Egypt and Asia on Thursday to grapple with some of the United States’ thorniest foreign policy issues, boosted by a better-than-expected showing by Democrats in the midterm elections.
PHNOM PENH – Myanmar’s escalating violence and political gridlock are expected to dominate an ASEAN leaders’ summit on Friday, as increasingly frustrated members of the regional bloc struggle to get the country’s junta to comply with an agreed peace plan.
The European Union is considering more lenient economic recovery proposals that veer away from the grinding, top-down austerity rules that hit Greece and other countries during the financial and debt crises a decade ago.