On Tuesday, a spokesman for Sri Lanka’s cabinet said, Sri Lanka has started negotiations with China on refinancing its debt as it struggles to manage its worst financial crisis in decades. “Now since the IMF is willing engage with Sri… Read More ›
cabinet
Limited impact from Russia Ukraine war on chip supply chain
On Saturday, in a statement the government of Taiwan said, it expects little impact on the supply of raw materials for semiconductors from the war in Ukraine. Following a meeting of the cabinet, Vice Premier Shen Jong-chin, said there would… Read More ›
Government to spend $3.71 billion towards Go To Travel campaign: Japan’s Ministry of Finance
On Friday, in a statement Japan’s Ministry of Finance said, the Japanese Cabinet has decided to spend $3.71 billion (385.6 billion yen) from emergency budget reserves to back the government’s domestic travel. The bulk of the spending will go towards… Read More ›
Chinese President Xi Jinping halted Ant Group’s IPO
According to a report from the Wall Street Journal which cites Chinese officials with knowledge of the matter at hand, Chinese President Xi Jinping had personally decided to pull the plug on Ant Group’s $37-billion initial public offering. The decision… Read More ›
British Prime Minister Boris Johnson facing rebellion from cabinet member over no-deal Brexit
According to a report from The Times, a large number of conservative members of the ruling cabinet are likely to quit in case of a no-deal Brexit. On Wednesday, as per a report from the Times newspapers, British Prime Minister… Read More ›
Growing consensus in UK cabinet to accept customs union with the EU
This report from The Sun should be viewed with caution since the option to keep Britain in a customs union with the EU, was defeated by three votes during a round of indicative voting on alternative Brexit options on Monday.
Brexit Minister’s resignation deals a body blow to the British Pound
Following the resignation of Britain’s Brexit minister Dominic Raab, the forex, derivatives and money markets are seeing a bloodbath. Following the resignation of Britain’s Brexit minister Dominic Raab in protest of Prime Minister’s draft Brexit deal, the pound nose dived… Read More ›
The EU and Britain clinch draft Brexit agreement
Theresa May’s government will now have to go through the guantlet of the British parliament, bridge opposing views of the country’s lawmakers and sell the Brexit deal to a deeply divided country. In a momentous development, Britain has clinched a… Read More ›
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