Sri Lankan President Sworn in After Historic Leftist Victory Sri Lankan President Sworn in After Historic Leftist Victory On October 22, 2023, Sri Lanka’s newly elected leftist president was officially sworn in, marking a historic shift in the nation’s political landscape. This transformative election not only reflects significant public sentiment but also ushers in a…
Sri Lankan President Vows to Renegotiate IMF Bailout After Election Win Sri Lankan President Vows to Renegotiate IMF Bailout After Election Win Sri Lanka’s newly elected President, Dinesh Gunawardena, has committed to renegotiating the terms of the International Monetary Fund (IMF) bailout that has become a focal point of the country’s ongoing economic crisis. His…
Sri Lanka Elects First Leftist President Amid Ongoing Economic Crisis Sri Lanka Elects First Leftist President Amid Ongoing Economic Crisis Sri Lanka has made a historic political shift with the election of Anura Kumara Dissanayake as the country’s first leftist president. His administration comes at a challenging time, as the nation grapples with a severe…
Argentina Implements New Currency Controls Amid Economic Crisis Argentina Implements New Currency Controls Amid Economic Crisis Argentina is grappling with one of its worst economic crises in decades, leading the government to implement new currency controls aiming to stabilize the spiraling economy. These measures, announced on October 16, 2023, target rampant inflation that has surged…
Argentina’s Economy Minister Announces Emergency Measures Amid Hyperinflation Argentina’s Economy Minister Announces Emergency Measures Amid Hyperinflation In a pressing response to soaring inflation rates that have reached historic highs, Argentina’s Economy Minister, Sergio Massa, unveiled a series of emergency measures on October 20, 2023. These actions aim to stabilize the nation’s economy, which is currently…
Argentina Struggles with Soaring Inflation and Rising Unemployment Argentina is facing a critical juncture as it continues to grapple with soaring inflation and a rising unemployment rate. The South American nation recently reported an inflation rate surpassing 120%, a situation that has left millions of citizens struggling to make ends meet. This article delves into…
Turkey’s Currency Continues to Fall as Inflation Crisis Deepens Turkey’s Currency Continues to Fall as Inflation Crisis Deepens Turkey’s lira has hit record lows against the US dollar, plunging to an alarming new low as the country struggles to combat spiraling inflation that has now reached levels not seen in over two decades. As the…
Turkey Arrests Dozens in Crackdown on Anti-Government Protests Turkey Arrests Dozens in Crackdown on Anti-Government Protests Turkish authorities have arrested dozens of individuals during a significant crackdown on anti-government protests across the country. The unrest, which has escalated in recent weeks, is largely attributed to rising economic woes and growing discontent with the government led…
Argentina’s Economy on the Brink as Inflation Soars Above 100% Argentina’s Economy on the Brink as Inflation Soars Above 100% Argentina is currently grappling with one of the most severe economic crises in its history, as inflation has surged above 100%, resulting in deteriorating living conditions for millions of citizens. The situation has led to…
South Korean Government Faces Backlash Over Rising Cost of Living The South Korean government is experiencing intensified criticism as citizens respond to a marked increase in the cost of living. Protests have erupted across the nation, reflecting widespread dissatisfaction that has reached a critical level. As economic concerns escalate, the government is under pressure to…
