crisisridden

Crisis-ridden Sri Lanka’s economic reforms are yielding results, but challenges remain, IMF says

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COLOMBO, Sri Lanka — Debt-stricken Sri Lanka’s economic reform program is yielding the first signs of recovery, but the improvements still need to translate into improved living conditions for its people, the International Monetary Fund said Friday. Sri Lanka has been struggling with an economic crisis since declaring bankruptcy in April 2022 with more than … Read more

In a crisis-ridden world, Germany’s chancellor uses his New Year’s speech to convey confidence

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BERLIN — Germany’s chancellor used his New Year’s speech to call on his country’s citizens not to lose confidence in the future as they adapt to a world experiencing multiple crises and changing at an ever-faster pace. “So much suffering; so much bloodshed. Our world has become a more unsettled and harsher place. It’s changing … Read more