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Sri Lanka's Parliament approves a debt restructuring plan in an attempt to overcome economic crisis - Vimarsana News

Sri Lanka's Parliament approves a debt restructuring plan in an attempt to overcome economic crisis

Sri Lanka’s Parliament voted to support a proposal to restructure a staggering domestic debt in a special session Saturday as the Indian ocean island nation struggles to emerge from an unprecedented economic crisis. The parliament’s approval enables the government to go ahead with the proposed restructuring plan which is part of the prerequisites of a bailout package approved by the International Monterey Fund — which has described Sri Lanka’s debt as unsustainable — to help alleviate the countr

Source: aol.com
janet yellen: US Treasury Secy Janet Yellen 'eager' to work with China on debt, other global challenges - Vimarsana News

janet yellen: US Treasury Secy Janet Yellen 'eager' to work with China on debt, other global challenges

US Treasury Secretary Janet Yellen said on Sunday she was "eager" to work with China on areas of mutual interest, including debt restructurings for poorer countries, and that multilateral development banks needed reforms before capital increases could be considered. "There is much more work to do. But I believe this trip was an important start," Yellen said. "I am eager to build on the groundwork that we laid in Beijing to mobilise further action."

BBCNEWS Asia Business Report June 4, 2024 23:31:00 - Vimarsana News

BBCNEWS Asia Business Report June 4, 2024 23:31:00

The news conference of the i business. janet is in india and l the news conference of the 620 the news conference of the g20 finance ministers, they said the business that beijing helped put the us and china relationship on sure footing. they also said they are eager to work with china on areas of mutual interest including debt restructuring for poor countries. speaking of china, the second biggest economy is due to report its growth figures injust a due to report its growth figures in just a few hours from now. in addition to gdp for the second quarter, will also get thejune readings for unem...

BBCNEWS Asia Business Report June 4, 2024 23:37:00 - Vimarsana News

BBCNEWS Asia Business Report June 4, 2024 23:37:00

One year later he still struggling. one year later he still stru~lin~. ., struggling. most of the skilled labour has _ struggling. most of the skilled labour has left _ struggling. most of the skilled labour has left the _ struggling. most of the skilled labour has left the country. i labour has left the country. during the crisis, i had ia shifts inside my kitchen, right now i only have two. i am running daily advertisement so i'm recruiting weekly. as a businessman i don't see a real future right now. in businessman i don't see a real future right now.— businessman i don't see a real futur...

Byju's Faces Government Inspection Amidst Auditor Resignation and Financial Woes - Vimarsana News

Byju's Faces Government Inspection Amidst Auditor Resignation and Financial Woes

The Indian Union government has just demanded an audit of Byju's account books, putting the education-technology behemoth under scrutiny. This event comes in the wake of three board members and the company's auditor, Deloitte Haskins & Sells, resigning, which raised questions about the business's financial situation.