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The Financial Express

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G20 finance leaders meet in Bali under cloud of Ukraine war

G20 finance leaders meet in Bali under cloud of Ukraine war

FE ONLINE DESK 2022-07-15 09:58:29

Indonesian Finance Minister Sri Mulyani Indrawati said on Friday it was vital for G20 finance leaders to reach a consensus during talks in Bali, warning otherwise it could be "catastrophic" for low-in...

Sri Lanka’s president resigns, formal announcement on Friday

Sri Lanka’s president resigns, formal announcement on Friday

-- 2022-07-14 20:59:16

Sri Lanka’s President Gotabaya Rajapaksa emailed his resignation letter to the speaker of the parliament of the country on Thursday after landing in Singapore. Mahinda Yapa Abeywardena, the spe...

Human trafficking generates $150b annually in profits: Report

Human trafficking generates $150b annually in profits: Report

FE ONLINE REPORT 2022-07-14 20:57:52

Human traffickers earn a profit of around $150 billion per annum, said an official of the US State Department on Thursday. An estimated 25 million people are subjected to Human trafficking, the offic...

India reports first case of monkeypox

India reports first case of monkeypox

-- 2022-07-14 20:41:44

India on Thursday reported its first case of monkeypox, Priya Abraham, head of the National Institute of Virology, told Reuters. Monkeypox, endemic in parts of Africa, is a viral disease that causes...

Sri Lanka’s Gotabaya Rajapaksa lands in Singapore

Sri Lanka’s Gotabaya Rajapaksa lands in Singapore

-- 2022-07-14 20:14:11

Outgoing Sri Lankan president Gotabaya Rajapaksa landed in Singapore on Thursday after fleeing mass protests over his country's economic meltdown, as troops patrolled the commercial capital Colombo to...

Rishi Sunak wins biggest backing in first round of voting in UK leadership

Rishi Sunak wins biggest backing in first round of voting in UK leadership

-- 2022-07-14 19:47:16

Britain’s former finance minister Rishi Sunak won the biggest backing from Conservative lawmakers on Wednesday in the first vote to choose who will succeed Boris Johnson as party leader and Brit...

Hidden Van Gogh self-portrait found behind painting in Scotland

Hidden Van Gogh self-portrait found behind painting in Scotland

-- 2022-07-14 19:42:53

A self-portrait of Dutch post-Impressionist artist Vincent van Gogh has been uncovered hidden behind one of his paintings.National Galleries of Scotland said on Thursday art conservators made the disc...

Kyiv says Russian missile strike on central Ukraine kills 20 civilians

Kyiv says Russian missile strike on central Ukraine kills 20 civilians

-- 2022-07-14 19:28:00

At least 20 civilians were killed and dozens wounded on Thursday in a Russian cruise missile strike on the central Ukrainian city of Vinnytsia by a submarine in the Black Sea, Ukrainian officials said...

G7’s attempt to cap oil price risks higher prices: Russia

G7’s attempt to cap oil price risks higher prices: Russia

-- 2022-07-14 18:30:13

Russian Foreign Ministry spokeswoman Maria Zakharova said on Thursday that attempts by the Group of Seven to cap oil prices may in fact cause them to rise. "Those plans are anti-market and risky," sh...

Scorching heatwave sparks wildfires in Europe

Scorching heatwave sparks wildfires in Europe

-- 2022-07-14 18:05:20

Thousands of firefighters battled more than 20 blazes that raged on Wednesday across Portugal and western Spain, menacing villages and disrupting tourists' holidays amid a heatwave that pushed tempera...

US, Israeli leaders jointly pledge to deny Iran nuclear weaponry

US, Israeli leaders jointly pledge to deny Iran nuclear weaponry

-- 2022-07-14 17:36:02

US President Joe Biden and Israeli Prime Minister Yair Lapid pledged to deny Iran nuclear weapons on Thursday, a show of unity by allies long divided over diplomacy with Tehran. The undertaking, part...

North Korea recognises Luhansk, Donetsk as independent states

North Korea recognises Luhansk, Donetsk as independent states

FE ONLINE DESK 2022-07-14 16:44:10

North Korea has recognised two Russian-backed breakaway regions in eastern Ukraine as independent states, according to Reuters and Al Jazeera. The move makes North Korea only the third country after...

IMF reaches staff-level accord with Pakistan to revive bailout package

IMF reaches staff-level accord with Pakistan to revive bailout package

-- 2022-07-14 16:30:21

The International Monetary Fund (IMF) on Thursday said it had reached a staff-level agreement with Pakistan on the resumption of a bailout package. According to Reuters, the decision would pave the w...

Sri Lanka’s Gotabaya Rajapaksa heads to Singapore, calm returns to Colombo

Sri Lanka’s Gotabaya Rajapaksa heads to Singapore, calm returns to Colombo

FE ONLINE DESK 2022-07-14 16:12:12

Sri Lankan President Gotabaya Rajapaksa has left the Maldives on a Saudia airlines flight bound for Singapore, according to BBC, Reuters and Associated Press. A Maldives government official said Raja...

US FDA authorises Novavax COVID vaccine for adults

US FDA authorises Novavax COVID vaccine for adults

FE ONLINE DESK 2022-07-14 09:59:50

The US Food and Drug Administration authorised the use of Novavax Inc's COVID-19 vaccine on Wednesday, clearing the way for a shot whose more traditional technology has raised hopes of wider acceptanc...

Biden reaches Israel, kicks off high-stakes Middle East trip

Biden reaches Israel, kicks off high-stakes Middle East trip

-- 2022-07-13 20:50:08

US President Joe Biden reached on Wednesday in Israel, which embraced him as an old friend on the first leg of a high-stakes trip dominated by efforts to bring it closer to Saudi Arabia and to persuad...

Poll shows Penny Mordaunt would win runoff to become next UK PM

Poll shows Penny Mordaunt would win runoff to become next UK PM

-- 2022-07-13 19:50:22

British minister Penny Mordaunt would win a runoff to become the next leader of the Conservative Party and prime minister if she makes it to the final two candidates, a poll by Yougov showed on Wednes...

Sri Lanka: Appointment of acting president fails to calm protesters

Sri Lanka: Appointment of acting president fails to calm protesters

FE ONLINE DESK 2022-07-13 19:06:54

Sri Lankan President Gotabaya Rajapaksa fled on a military jet on Wednesday after angry protesters seized his home and office. Gotabaya Rajapaksa appointed Prime Minister Ranil Wickremesinghe as acti...

Sri Lanka's two national television channels suspend operations

Sri Lanka's two national television channels suspend operations

-- 2022-07-13 18:10:08

Sri Lanka's two national television channels on Wednesday suspended their operations as throngs of protesters entered the state television offices. Officials say engineers shut the channel down after...

Sri Lanka’s Gotabaya Rajapaksa to leave Maldives for Singapore

Sri Lanka’s Gotabaya Rajapaksa to leave Maldives for Singapore

FE ONLINE DESK 2022-07-13 17:59:01

Sri Lankan President Gotabaya Rajapaksa, who left for the Maldives on Wednesday morning from Sri Lanka, will leave for Singapore. Sri Lanka-based news outlet Daily Mirror gave the information citing...

Sri Lankan PM takes over as acting president, declares state of emergency

Sri Lankan PM takes over as acting president, declares state of emergency

-- 2022-07-13 15:48:57

Sri Lankan Prime Minister Ranil Wickremesinghe on Wednesday took over as the acting president, hours after President Gotabaya Rajapaksa fled to the Maldives amid protests against him in the country....

Ivory Coast asks Mali to immediately release 49 arrested soldiers

Ivory Coast asks Mali to immediately release 49 arrested soldiers

-- 2022-07-13 15:07:00

Ivory Coast on Tuesday demanded the release of 49 of its soldiers arrested in Mali, an incident that may worsen tensions between Mali's military rulers and other West African nations amid efforts to q...

Biden en route to Israel

Biden en route to Israel

-- 2022-07-13 13:03:54

US President Joe Biden arrives in Israel on Wednesday to kick off a high-stakes trip to the Middle East dominated by efforts to persuade Gulf allies to pump more oil and bring Israel and Saudi Arabia...

State of emergency in Sri Lanka

State of emergency in Sri Lanka

FE ONLINE DESK 2022-07-13 13:00:17

Sri Lankan Prime Minister Ranil Wickremesinghe has declared a state of emergency as the acting president after President Gotabaya Rajapaksa fled to the Maldives on Wednesday, leading to more protests...

Chinese cities break heat records, weather extremes to persist

Chinese cities break heat records, weather extremes to persist

-- 2022-07-13 10:33:13

Several Chinese cities broke new records for high temperatures on Tuesday as scorching heat and contrasting relentless rains wreaked havoc, with local forecasters expecting the weather extremes to lin...

Rajapaksa dynasty draws to humiliating close in Sri Lanka

Rajapaksa dynasty draws to humiliating close in Sri Lanka

-- 2022-07-13 10:02:57

The Rajapaksa dynasty dominated Sri Lankan politics until April when street protests against fuel and food shortages began to slip out of control. President Gotabaya Rajapaksa fled the country early...

Eight candidates nominated to succeed UK PM Johnson

Eight candidates nominated to succeed UK PM Johnson

-- 2022-07-13 09:36:38

Eight candidates will compete to replace Boris Johnson as Prime Minister and leader of the Conservative Party, the committee in charge of organising the leadership contest said on Tuesday. The nomina...

Sri Lankan president flees country

Sri Lankan president flees country

-- 2022-07-13 09:00:12

Sri Lankan President Gotabaya Rajapaksa fled the country early on Wednesday, two sources told Reuters news agency, hours before he was due to step down amid widespread protests over his handling of a...

Ukrainian rockets hit Russian-controlled area, Kyiv readies counter-attack

Ukrainian rockets hit Russian-controlled area, Kyiv readies counter-attack

-- 2022-07-12 23:38:27

Ukraine said on Tuesday it had carried out a long-range rocket strike against Russian forces and military equipment in southern Ukraine, territory it says it is planning to retake in a counter-offensi...

UK’s ex-finance minister Sunak launches bid to be PM

UK’s ex-finance minister Sunak launches bid to be PM

-- 2022-07-12 18:50:25

Ex-finance minister Rishi Sunak, the favourite to become Britain's next prime minister, kicked off his campaign on Tuesday promising "honesty", in an increasingly testy and divisive battle to succeed...