BBCNEWS World Business Report June 4, 2024 13:41:00
The government in sri lanka is proposing its foreign lenders take a 30% cut on the principal amount owed. now getting the bilateral creditors, especially china, to agree on these terms, will be crucialfor sri lanka to get the next tranche of the imffunding in october. in other news. twitter is facing a class action lawsuit in san francisco claiming it failed to pay at least $500 million in severance to thousands of employees. more than half of twitter�*s workforce were laid off by elon musk af...
Source: archive.org