Oil Prices Drop Amid Fears of Global Trade War and U.S. Tariffs
Oil prices dropped by as much as 3% on April 3 following the announcement of new tariffs by U.S. President Donald Trump, sparking.
Energy
Economics
Sri Lanka’s Rupee to Remain Resilient, SLBA Chief Says
Sri Lanka’s rupee is expected to remain stable on a ‘very comfortable terrain’ in the coming years, with gross foreign exchange reserves forecast.
- November 14, 2024
Economics
IMF Warns of Global Economic Risks from Elections and Policy Shifts
The International Monetary Fund (IMF) has raised concerns about the elevated uncertainty surrounding the global economic outlook, citing the potential impact of elections.
- October 23, 2024
Economics
Oil Prices Climb on Middle East Tensions and Anticipated US Rate Cuts
Crude oil prices have seen an uptick at the start of this week, following a previous week of losses, as escalating violence in.
- August 27, 2024
Economics
Oil Prices Drop Amid US Recession Concerns and Middle East Tensions
Oil prices fell on Monday as worries about a potential US recession, the world’s largest oil consumer, outweighed concerns over escalating tensions in.
- August 6, 2024
International Economic Developments
US and Asian Markets Plunge Amid Rising Economic Concerns
The US markets extended their losses on Monday, continuing the downturn that began last week, while Asian markets also saw significant declines, particularly.
- August 6, 2024
Economics
Sri Lanka’s CPI Up 2.4% in July; 22-Month Inflation Rises 2.8%
Sri Lanka’s consumer prices in the capital Colombo increased by 2.4% in the 12 months to July 2024. However, the central bank’s deflationary.
- August 1, 2024