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Tag: economy

asia

Sri Lanka’s New Leader Commits to IMF Bailout Amid Economic Crisis

In a significant policy shift, Sri Lanka’s recently elected leftist President Anura Kumara Dissanayake has decided to support a controversial IMF bailout programme initially negotiated by his predecessor, Ranil Wickremesinghe.…

James Tan23/11/2024
singapore

Singapore Upgrades Economic Growth Forecast for 2024 Amid Global Concerns

SINGAPORE — Singapore’s economy has surpassed expectations in the third quarter of 2024, prompting the Government to revise its growth forecast upwards to around 3.5 per cent for the year.…

Nicole Teo22/11/2024
world

Highlights from Singapore: From Counter-Terrorism Training to G-20 Insights

Singapore’s latest headlines cover a range of topics, from serious counter-terrorism exercises to local culture and community issues. Here’s a recap of the most talked-about stories this week. Counter-Terrorism Exercise…

Nicole Teo19/11/2024
singapore

PM Lawrence Wong Advocates for Trade and Skills Development at G-20 Summit

At the G-20 Summit in Rio de Janeiro, Brazilian President Luiz Inacio Lula da Silva launched a global initiative to combat hunger and poverty, with support from over 80 countries,…

James Tan19/11/2024
world

Alarm Bells Ring as Global Carbon Emissions Surge, While Luxury Market Faces Downturn

Record High Global CO2 Emissions in 2024 This year’s Global Carbon Budget report, released during the UN’s COP29 climate summit, reveals that global carbon dioxide emissions are projected to reach…

Sarah Lin13/11/2024
world

Europe in Flux: Borrell and Draghi Respond to Trump’s Win

As the dust settles from Donald Trump’s recent election victory, key European leaders are rushing to address the potential implications for the continent. EU Foreign Policy Chief Josep Borrell and…

Nicole Teo09/11/2024
world

Political Turmoil in Germany: Scholz Fires Finance Minister Amid Coalition Crisis

Germany’s political landscape is once again in turmoil as Chancellor Olaf Scholz sacked Finance Minister Christian Lindner of the Free Democrats (FDP) on 6 November 2024, a move that has…

James Tan07/11/2024
world

Volkswagen’s Major Restructuring Plans: Thousands of Jobs at Risk

Volkswagen is embarking on a drastic overhaul, with plans to shutter at least three factories in Germany and potentially lay off tens of thousands of staff, according to Daniela Cavallo,…

James Tan28/10/2024
world

UK’s Rachel Reeves Advocates Pragmatic Trade Relations with China

In a recent statement at the International Monetary Fund and World Bank meetings in Washington, British Finance Minister Rachel Reeves called for a ‘hard-headed, economic realist’ approach to Britain’s trade…

Sarah Lin25/10/2024

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