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    Tag:Debt crisis

    Finance and Economy

    Sri Lankan Economy Shifting to a New Growth Path: Finance Minister Shehan Semasinghe

    Minister Shehan Semasinghe said that the government has adopted other reform programmes aside from the debt restructuring process to address the “fundamental macroeconomic vulnerabilities”...
    OWSA Contributor -
    Climate change

    Debt Swaps Could Release $100 Billion for Climate Action

    If a country and its creditors agree to a swap, a portion of that nation’s debt can be written off in exchange for achieving...
    OWSA Contributor -
    Finance and Economy

    Pakistan’s Debt Profile ‘Alarming’, Borrowing and Spending Habits ‘Unsustainable’, Says Think Tank Report

    Pakistan’s debt is growing at a much faster rate than its income — widening the financing gaps which will require further borrowing to bridge...
    OWSA Contributor -
    Bangladesh

    A Recession Worse than 2007 Crisis Around the Corner, Says UNCTAD

    UNCTAD’s latest report warns that the policy-induced global recession could be worse than the financial crisis that haunted governments and people across the globe...
    OWSA Contributor -

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    Finance and Economy

    UN Trade Body Urges US to Exempt Vulnerable Economies from Tariff Hikes amid Rising Trade Tensions

    Despite their marginal impact, many of these countries could face tariff rates as high as 50 per cent, such as Lesotho, while Cameroon could face 11 per cent.
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    Climate change

    Countries Finalise Historic Pandemic Agreement After Three Years of Negotiations

    The text affirms national sovereignty in public health decisions. It states explicitly that nothing in the agreement gives WHO the authority to mandate health measures such as lockdowns, vaccination campaigns, or border closures.
    Animals and wildlife

    While India’s RAMSAR Sites Tally Rises, Wetlands Remain Endangered

    Conservationists, activists, and newspaper editorials in India have long been expressing concerns about the “decline” and “neglect” of wetland ecosystems across India.

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    Finance and Economy

    UN Trade Body Urges US to Exempt Vulnerable Economies from Tariff Hikes amid Rising Trade Tensions

    Despite their marginal impact, many of these countries could face tariff rates as high as 50 per cent, such as Lesotho, while Cameroon could face 11 per cent.
    Climate change

    Countries Finalise Historic Pandemic Agreement After Three Years of Negotiations

    The text affirms national sovereignty in public health decisions. It states explicitly that nothing in the agreement gives WHO the authority to mandate health measures such as lockdowns, vaccination campaigns, or border closures.
    Bangladesh

    Bangladesh, Pakistan Resume High-Level Talks After 15 Years Amid Signs of Thaw in Ties

    As both sides prepare for Deputy Prime Minister Dar’s visit later this month, expectations are rising for further breakthroughs – not only in diplomatic symbolism but in real policy shifts that could redefine South Asia’s often turbulent regional dynamics.
    Finance and Economy

    UN Trade Body Urges US to Exempt Vulnerable Economies from Tariff Hikes amid Rising Trade Tensions

    Despite their marginal impact, many of these countries could face tariff rates as high as 50 per cent, such as Lesotho, while Cameroon could face 11 per cent.
    Finance and Economy

    Is it Time to Say RIP to the SDGs?

    When he was elected for a second term, President Donald Trump promised extraordinary, history-making change. Whether you support his world view or not, no one can deny he has been true to his word. The previous multilateral consensus is shattered.

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