Over the past three years, poverty rates in poor countries have surged, with the number of additional individuals living on less than $3.65-a-day reaching 165 million by 2023 according to a new policy brief from the United Nations Development Programme.
Sri Lanka's central bank unveiled a far-reaching debt restructuring plan on Thursday aimed at restoring stability after an unprecedented economic crisis last year that led to the toppling of then-president Gotabaya Rajapaksa.The bank said Thursday it was offering a 30 percent reduction on dollar-denominated bonds, including the international sovereign bonds (ISB) that make up more than a quarter of Sri Lanka's total foreign debt.
resign, and the new president took over and has been staging an economic recovery. they approached the imf with a plan of how they will manage their deficit, how they will do this debt servicing over a period of time, which helped them go to other international lenders to get the money, which is what they are doing. that is a crucial moment for sri lanka over the coming days. our south asia editor with that update. ten throw was seen as a lower calorie alternative to sugar. it is used all around the world in diet soft drinks and chewing gum. reports from the united states says it could be declared a possible cancer risk. now to new york. what do we know about this potential warning? we understand that the world health