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How Did Sri Lanka’s Economy Collapse in 2022? Causes & Economic Reforms

Sri Lanka’s government is heavily burdened by foreign debt payments and a current account deficit that pressures the national currency, the rupee. Canva ContentsWhere Is Sri Lanka? What Are Its Demographics?An Overview of Sri Lanka’s EconomyWhat Caused Sri Lanka’s Economic Crisis?COVID-19: A Turning Point in the EconomyAcceleration Into Economic Collapse in 2022Can Sri Lanka Recover…

British PM Sunak faces new demands from his fractious party

British PM Sunak faces new demands from his fractious party

© Reuters. British Prime Minister Rishi Sunak visits RAF Coningsby, in Lincolnshire, Britain December 9, 2022. MOD Crown Copyright 2022 AS2 Leo Moharram/Pool via REUTERS MANDATORY CREDIT All use and/or reproductions shall be acknowledged By Alistair Smout LONDON (Reuters) – British Conservative politicians on Sunday launched two campaigns to address concerns about the direction of…

Sam Bankman-Fried Interview: FTX Founder Blames ‘Bad Legal Advice’ For Crypto Firm’s Bankruptcy

Sam Bankman-Fried Interview: FTX Founder Blames ‘Bad Legal Advice’ For Crypto Firm’s Bankruptcy

Share to FacebookShare to TwitterShare to LinkedinTopline Sam Bankman-Fried insinuated law firms looking for a massive payday contributed to cryptocurrency exchange FTX’s decision to file for bankruptcy last month, during a Monday morning interview with Forbes, as the FTX founder outlined his roadmap for what led to his once burgeoning empire’s shocking demise—and tried to…

Nigerian startup Taeillo raises funding to scale its online furniture e-commerce platform

Nigerian startup Taeillo raises funding to scale its online furniture e-commerce platform

Individuals or businesses buying furniture in Africa can purchase from local furniture stores or global furniture retailers like IKEA. But both options have pros and cons; for the latter, local furniture stores may lack the quality that clients need, while global retailers, in addition to taking several months to ship their products to Africa, can…