Japan, India, and France Create Common Platform for Sri Lanka Creditors Japan, India, and France on Thursday announced a common platform for bilateral creditors to coordinate restructuring Sri Lanka's debt. The three nations hope the move will be a template for restructuring other middle-income economies in the future.... Economic conditions & trends
Brazil’s Lula Heads to China Seeking Deeper Economic Ties Brazil's Pres. Luiz Inácio Lula da Silva embarked on a trip to China on Tuesday, accompanied by a large delegation of dozens of political representatives and some 240 business leaders, to boost economic ties with Beijing and reassert Brazil's role on the global stage.... Brazil
US House Speaker Meets With Taiwan's President On Wednesday, US House Speaker Kevin McCarthy (R-Calif.) and other Republican and Democratic lawmakers met with Taiwanese Pres. Tsai Ing-wen at the Ronald Reagan Presidential Library in California. McCarthy, the third-highest ranking US leader, became the most senior US figure to meet with a lead... Politics
First Republic Secures $30B Rescue From 11 Banks First Republic Bank on Thursday received a lifeline from 11 of America's largest banks, who pledged to deposit $30B in order to shore up lenders' concerns at a time of crisis for the US banking industry, including the collapse of Silicon Valley Bank and Signature Bank last week.... Money
Sri Lanka Secures $2.9B Bailout From IMF Sri Lanka has reportedly obtained a [nearly] $3B bailout from the International Monetary Fund (IMF) as it endures a crippling economic crisis. [Editors Note - widely reported as 2.9B in multiple sources.]... Money
GOP Governors Align to Oppose 'ESG' Investing Nineteen GOP governors, led by Florida Gov. Ron DeSantis, on Thursday announced in a joint press release their opposition to an investing strategy known as ESG ['Environmental, Social and Governance'].... Politics
Israel: Judicial Bill Passes First Vote in Knesset Overnight on Monday, Israel's Knesset passed the first reading of a bill that would allow it to override Supreme Court decisions and enact legislation that had been struck down. The bill is reportedly a top priority of PM Benjamin Netanyahu's government.... Politics
Turkey’s Opposition Names Kılıçdaroğlu as Presidential Candidate Turkey's six-party alliance has named Kemal Kılıçdaroğlu, leader of the main opposition Republican People's Party (CHP), as their joint candidate for the upcoming presidential and parliamentary elections on May 14.... Earthquakes
Turkey: Erdoğan Indicates Election Will Be Held May 14 Turkish Pres. Recep Tayyip Erdoğan indicated on Wednesday that the country's elections will be held on May 14, just over three months after a deadly earthquake claimed more than 45k lives.... Metaculus
Bola Tinubu Wins Nigeria's Presidential Election On Wednesday, Bola Tinubu, the candidate for the ruling All Progressives Congress (APC) party, was declared the winner of Nigeria's presidential election. Opposition parties have claimed the vote was rigged.... Nigeria
Mexico: Tens of Thousands March to Protest Electoral Overhaul Huge crowds gathered across Mexico on Sunday to protest against Pres. Andrés Manuel López Obrador's government's decision to shrink the electoral authority — they reportedly marked the largest demonstrations against his administration so far.... Politics
Nigeria Election: Obi Wins Lagos State; Tinubu Leads Overall Nigeria's Labor Party presidential candidate Peter Obi has won a narrow victory in the commercial hub of Lagos state — defeating the ruling All Progressives Congress (APC) party's Bola Tinubu by less than 10K votes, according to electoral commission data released on Monday.... Nigeria
Nigeria: Vote Counting Under Way in Presidential Election Ballot counting is underway in Nigeria's presidential and parliamentary elections, seen as the closest race in the country's democratic era, as polls, which opened at 7:30 GMT on Saturday, officially closed six hours later.... Nigeria
FBI Searches Biden Papers at University of Delaware According to a source familiar with the matter, the FBI has conducted two searches at the University of Delaware as part of its investigation into US Pres. Joe Biden's potential mishandling of sensitive government records.... Politics
Biden Delivers Second State of the Union Address US Pres. Biden on Tuesday delivered his second State of the Union address. He called for unity in a divided Congress, where the House now has a Republican majority, and asked Congress to work with him to rebuild the economy and unite the country. Coal
Ukraine: Billionaire Kolomoyskyy Targeted in New Anti-Corruption Raid Meanwhile, the leadership of Ukraine's customs service have reportedly been fired, joining high-level officials, deputy ministers and regional governors who were purged last week, including Zelenskyy's deputy head of office Kyrylo Tymoshenko Ukraine
Algeria Slams EU Gas Price Cap On Tuesday, Algeria, Africa's largest gas exporter, criticized the EU's recent decision to cap natural gas prices as an intervention disrupting the international energy market.... Ukraine
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