Oil shortage in Sri Lanka, foreign exchange crisis

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Sri Lanka is in a foreign exchange crisis This has led to currency fluctuations and has affected the flow of essential commodities such as food, medicine and fuel, which has led to International Monetary Fund (IMF) For help. The country’s inflation rate, which was 17.5 percent in February – the highest since 2015 – is … Read more

Sri Lanka loses power over foreign exchange crisis

Colombo falls – As the country continues to plunge into decades of economic crisis, officials in Sri Lanka are stepping up power outages, leading to fuel shortages and frequent power outages. The Sri Lankan Public Utilities Commission will close the grid for four hours and 40 minutes due to a shortage of 540 megawatts, officials … Read more

Prague stocks set for big losses since 2020 Ukraine crisis

Prague shares They have been hit by a big one-day loss since the end of 2020, and other Central European boards have also fallen victim to global markets around Ukraine, although most currencies remain profitable. Credit support from promotion. Prague shares (.PX) fell by 2.17% at 1453 GMT, while Warsaw (.WIG20) fell by 2.94%. Bucharest … Read more

In response to the Ukraine crisis, Taiwan said it was monitoring the situation

Western powers have warned that a war in Ukraine could erupt at any time, with Taiwan’s presidential office saying troops will continue to monitor the situation. “All military units will continue to pay close attention to the situation in Ukraine and operations off the coast of Taiwan, strengthen joint intelligence and surveillance, and gradually increase … Read more