Mar 23, 2023 // Fifty years ago, the Bretton Woods arrangement of currencies fixed to a gold standard was abandoned. This shift to flexible exchange rates and floating currencies has been roundly criticized, but but it was probaby inevitable-and the benefits outweigh the drawbacks, writes Harvard's Jeffrey Frankel.
Sri Lanka s state-run Ceylon Electricity Board has decided to continue power cuts, as the dry season hits the country despite orders to give 24 hours of power.