Russia’s war in Ukraine, which has caused a humanitarian crisis and convulsed global financial markets, is now threatening to crush a $111 billion economy more than 4000 miles away in the Indian Ocean.
(Bloomberg) Russia’s war in Ukraine, which has caused a humanitarian crisis and convulsed global financial markets, is now threatening to crush an $81 billion economy more than 4,000 miles away in the Indian Ocean.
Russia’s war in Ukraine, which has caused a humanitarian crisis and convulsed global financial markets, is now threatening to crush an $81 billion economy more than 4,000 miles away in the Indian Ocean.
Russia key buyer of Sri Lanka tea exports; top tourism source Inflation is Asia’s fastest; 2030 dollar bond drops to record Bloomberg – With Covid shutting off tourism from much of the West, Russia and Ukraine had become an increasingly important source of foreign currency for Sri Lanka. The conflict threatens to turn off that.
By Ronojoy Mazumdar and Subhadip Sircar India is inching toward a major milestone: opening its $1 trillion (around Rs 74 lakh crore) government bond market to more international investors, one of the most ambitious attempts to attract foreign inflows since the country liberalized its economy three decades ago.