German energy companies Sefe and Uniper, rescued with multi-billion bailouts following the suspension of Russian gas supplies, have reportedly granted.
the bailout deal with the imf has been nearly a year in the making and a lifeline for the country that has billions of dollars in loans. there are tough conditions and analyst warn sri lanka still faces a tough road ahead. archana shukla is covering the story for us in colombo. tell us about the main conditions of this bailout from the imf. , , ., , the imf. the biggest one is that the government - the imf. the biggest one is| that the government versus revenue collection system. so that has been the biggest crisis here, the government didn t even have enough money in foreign reserves to impart and it is an input dependent country. policies are always revenue, tax hikes and subsidies on fuel and electricity and we have seen the government take those measures already. the second is to get both their private and sovereign lenders to come on the table and restructure the large debt portion on which sri
the adani group said the owners of the mines and for whom it is the mine operator and developer, had conducted the land acquisition, rehabilitation and resettlement of people in accordance with the stringent legal and regulatory frameworks. they also said due process was followed while getting the villagers consent for their land. the government didn t respond to the bbc public queries. but resistance to adani s quest to dig coal in these forests is mounting. for either side, victory will be hard won. just time for a quick look at the markets. if we think back to yesterday, credit suisse was the big story after that big bailout deal by ubs. stocks are slightly up today. breathing a sigh of relief, all those reassurances from the
withdrawals, citing significant exposure to ftx and it is bankruptcy filing it revealed ftx was its second largest creditor, presumably as a result of that bailout deal. it is $275 billion to ftx. in the days since ftx went under and it regulators have been looking for the dominus default, bracing forfinancial for the dominus default, bracing for financial chaos and hoping it does not spread beyond the crypto market. let s now focus our attention on a row brewing between the world s richest man and apple. elon musk claims the tech giant has halted most of its advertising on twitter and accused the company of threatening to remove the platform from its app store. according to various reports, apple was twitter s largest advertiser early this year, accounting for 4% of the company s revenue. joining me now is russ mould, investment director at aj bell.
a chain reaction, and now blockfi s ties to the troubled exchange have turned it into the crypto world s latest casualty. a few weeks ago, blockfi halted customer withdrawals, citing significant exposure to ftx. and in its bankruptcy filing, the lender also revealed that ftx was its second largest creditor, presumably as a result of that bailout deal. it owes ftx $275 million. now, in the days since crypto s big whale, ftx, went under, wall street and regulators have been on the lookout for the next domino to fall, bracing for financial chaos and hoping it doesn t spread beyond the crypto market. two ukrainian opera houses have been recognised at this year s opera oscars for offering up music in the midst of power cuts and artillery blasts. as fighting in ukraine rages on,