For nearly two decades, the four Rajapaksa brothers and their sons have run Sri Lanka like a family business—and a disorderly one, at that. With their grand construction projects and spendthrift ways, they saddled Sri …
Tag Archive for: "economy"
The death, destruction and disruption caused by Russia’s war in Ukraine suggest that short-term savings achieved by running down defence capabilities in peacetime can incur huge costs in the longer run. The cost of investing …
The war in Ukraine has generated an economic tidal wave which is crashing over countries near and far. Among the more far-flung is Sri Lanka, half a world away from the battlefield, where surging food …
The Russian economy will contract by 35% in the second quarter of 2022, and by 7% overall this year, according to JP Morgan. That’s probably an extremely conservative estimate that doesn’t take into account the …
Russia and China are making much of their strategic partnership as a counterbalance to their stresses with the West, but the European Union is still much more important economically to Russia than is China, and …