At the ongoing UN conference in Dubai, the Sri Lankan president proposed two initiatives: the establishment of the Forum of the Countries of the Global South to exert political weight in the dialogue with the countries of the North, and the creation of a university on the island to work exclusively on the issue of global warming.
Sri Lanka leader launches ambitious International Climate Change University at COP28 economynext.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from economynext.com Daily Mail and Mail on Sunday newspapers.
It could raise funds for as low as 6.5% interest cost including the cost of currency hedging if its first attempt at a Yen bond sale is successful. That would be at least 100 basis points or a percentage point lower than if it were to borrow in US dollars given that yields in that country are at multi-year highs.
Ghana: Korea Eximbank Funded Projects Resume After November - Chairman allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.