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At a time when consumer confidence is at its lowest in Sri Lanka since receiving a bailout from the International Monetary Fund (IMF), Donald Lu Assistant Secretary of State for South and Central Asian Affairs claimed that "Sri Lanka was a great come back story".
THE sustained inflow of remittances from overseas Filipino workers (OFW) has reportedly driven up demand in the property sector, particularly in the residential and retail segments.
The Federal Reserve Bank of New York on Feb. 21 released an analysis by two of its researchers indicating that businesses in the New York-Northern New Jersey region are finding the pace of increases in costs, wages, and prices have all slowed considerably over the past year. Moreover, the analysis says, firms in the region […]
A gentleman came up to me and said, ‘Do you really think inflation is falling? ...They’re lying to us! Trudeau is telling Statistics Canada what to say!’
Despite optimism in New York Federal Reserve Survey, 83% of consumers are concerned about the economic future in the United States.