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The Financial Express

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British pound plunges to new low against USD

The British pound fell to all-time low against the US dollar early Monday after Treasury chief Kwasi Kwarteng pledged a sweeping package of tax cuts, fuelling concerns about the government's economic policy as the United Kingdom teeters toward recession. The...

Pakistan's finance minister says he will formally resign from role

Pakistan's finance minister Miftah Ismail said on Sunday he planned...

Sri Lanka aims to have $2.9b IMF loan finalised in December

Sri Lanka expects the International Monetary Fund board to approve...

Facing calls to resign, World Bank's Malpass changes answer on climate crisis

Under pressure to resign for declining to say whether he...

New UK finance minister Kwarteng seeks end to 'cycle of stagnation'

Britain's new finance minister Kwasi Kwarteng unleashed historic tax cuts...

Sri Lanka to unveil debt restructuring plan to creditors

Sri Lankan authorities will formally hold talks with international creditors...

Jobs in renewable energy sector rise to 12.7m globally

Despite the lingering impacts of Covid and the growing energy...

Sri Lanka set to begin talks to restructure debt of $30b

Crisis-hit Sri Lanka will begin on Friday the tricky task...

India says it starts talks with Sri Lanka on restructuring debt

India said on Tuesday it had begun talks with Sri...

Japan's inflation hits near 8-year high, stays above BOJ's target

Japan's core consumer inflation quickened to 2.8 per cent in...

Ecuador reaches deal with China to restructure debt

Ecuador has reached an agreement to restructure its debt with...

Frugal is the new cool for young Chinese as economy falters

Before the pandemic, Doris Fu imagined a different future for...

India economic growth to be sustained by consumer spending rebound

A sharp rebound in consumer spending and rising employment will...

Oil prices to grow by between 2.0pc and 3.0pc this year and next

Oil prices have tumbled by around a quarter in the...

What is Black Sea Grain Initiative and why does it matter

Since Russia's invasion of Ukraine, exports of grain from Ukraine,...

China's economy perks up but dogged by property crisis

China's economy showed surprising resilience in August, with faster-than-expected growth...

IMF sees further global economic slowdown in third quarter

Downside risks continue to dominate the global economic outlook and...

Sri Lanka's economy shrinks 8.4pc amid fertiliser, fuel shortages

Sri Lanka's economy shrank 8.4 per cent in the quarter...

This might hurt: tectonic plates of global economy shift

When the Shannon family announced the closure of their garden...

IMF eyes expanded access to emergency aid for food shocks

The International Monetary Fund is looking for ways to provide...

World Bank delivers record $31.7b aid in climate finance

The World Bank Group delivered a record $31.7 billion in...

Ample world rice supplies to cushion impact of Pakistan, China crop losses

Abundant rice supplies in key exporters may largely offset an...

ADB launches programme to scale up investments in air quality improvement 

The Asian Development Bank (ADB) on Wednesday launched the Asia...

Inflation hits record 9.1pc in countries using euro currency

Inflation in the European countries using the euro currency hit...

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