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View all search resultseconomic-crisis
Politics 6 months ago
PREMIUM
Unrest ‘wake-up call’ for Prabowo to address public grievances
The recent wave of protests that swept across the country should serve as a “wake-up call” for President Prabowo Subiano’s fledgling administration, analysts warn, saying the government has been lulled into a false sense of stability while ignoring deepening economic and political grievances.
Politics 1 year ago
PREMIUM
Distrust in Danantara sparks online calls to switch banks
Growing public distrust of the newly formed sovereign wealth fund, Daya Anagata Nusantara (Danantara), has sparked online discussions on switching banks and cash withdrawals, leading analysts to debate the actual risks of a potential bank run or the ensuing economic crisis.
Europe 1 year ago
As Europe turns right, UK voters reject Conservative populism
Britain, once renowned for political stability, has lurched from crisis to crisis since the 2016 vote to leave the European Union, through the COVID-19 pandemic, increasingly stretched public services and a cost of living crisis.
Economy 2 years ago
IMF and Sri Lanka reach agreement for $330m disbursal
The recommendation to make roughly $330 million available to the South Asian country follows agreement over the first review of the four-year Extended Fund Facility (EFF) agreement it signed up to in March, the International Monetary Fund said in a statement.
Economy 3 years ago
IMF hopes for resolution of Sri Lanka crisis to allow bailout talks
Sri Lanka's President Gotabaya Rajapaksa will resign on Wednesday after thousands of protesters stormed his official residence and secretariat on Saturday, an official said. Protesters also set fire to Prime Minister Ranil Wickremesinghe's private residence.
