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BBCNEWS World July 5, 2024



an economic recovery huge protests happened and there was no fuel and gas supplies were cut was of now sri lanka, after getting $2.9 billion from the international monetary fund,is from the international monetary fund, is slowly making a recovery. now it has to work at what to do with its huge debt. that is why they are discussing this five days. they approve the proposal yesterday and now they want to take it to parliament. basically, they are asking those who are holding the dollar denominated bonds to write off some of out of it. they outstanding the loan period as well, of up to perhaps 15 years and no interest free payment for at least nine year. this will give them some space to develop this economic recovery. because of these bonds are being held, they do not want to destabilise the banking sector. there will be a meltdown of the banking system if people start selling and buying, that is why the sri lankan government declared this five day bank holiday, which is ....

Sri Lanka , Breathing Room , Domestic Debt , World Bank , Receieved International Support , 40 Billion , 0 Billion , Bailout Package , International Monetary Fund , South Asia , Anbarasan Ethirajan , 6 Billion , 3 Billion , 00 Million , 700 Million , 2 9 Billion , Bank Holiday , Sri Lankan Government , Banking System , Petrol Stations , Food Products , Food Prices , Fuel Prices , Plays Out , Asylum Seekers , Prime Ministers ,

Mampara of the week: MfanaNaye Mathe

You know the silly season is upon us when political parties start showing off every project implemented where they govern. ....

South Africa , World War , Sunday Times , Mfananaye Mathe , Mfananaye Mathea Road , Sprint Head , Fikile Mbalula , Nr Zulu , Or4 , Reaking News , Sunday Times , He Times , Usiness Times , Shisa Live ,

BBCNEWS World Business Report June 4, 2024 13:38:00

What their share price movements mean to the wider market. it utterly distorts our view of the economy, doesn t it? to distorts our view of the economy, doesn t it? doesn t it? to a certain extent, i think you re doesn t it? to a certain extent, i think you re correct. doesn t it? to a certain extent, i think you re correct. thank - doesn t it? to a certain extent, i think you re correct. thank you | doesn t it? to a certain extent, i i think you re correct. thank you for having me this morning. this is a phenomenon in the united states that has been going on for the better part of six months now, where seven to ten big names have been driving all of the indexes, notjust the s and p 500 but the nasdaq. there is a little bit of euphoria going on with regard to these big tech names in terms of ai and what that impact will ultimately be. but if you are an investor and you don t own those names and you own other us stocks, it is likely that your returns are not 15%. you are probably a ....

Doesn T , Notjust The S And P 500 , Share Price Movements , Thank Doesn T , Big Tech Names , Or4 ,

Finance MEC to deliver budget but wages hikes not on agenda

Eastern Cape finance MEC Mlungisi Mvoko will table his budget on Tuesday amid a public sector wage strike that has gone on for a week. ....

Mlungisi Mvoko , Aphiwe Deklerk , Comment Policy , Eastern Cape , Enoch Godongwana , National Treasury , Yusuf Cassim , Zolile Williams , Cogta Mec , Or4 , Eastern Cape , Ispatch Live In Eastern Cape , East London ,