Economic Turmoil
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Exodus of doctors and health workers in Sri Lanka sparks crisis, leaves the poor vulnerable
More than 1,700 medical professionals have left the country over the past two years, says government data.
Piyumi Kanchana Fonseka Gunaratne, Thomson Reuters Foundation
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Israel-Hamas: Conflict at time of new geopolitical divisions could worsen economic outlook
A prolonged conflict, especially with the involvement of major regional powers, could further accelerate global realignments and hit economic growth.
Daniele Bianchi, The Conversation
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After crisis-wracked Lebanon, is Pakistan set to become the world’s next ‘zombie’ country?
Like America’s unviable ‘zombie’ banks kept alive by bailouts, Pakistan, too, has been hollowed out by multiple crises while its self-serving elite look away.
Sakib Sherani, Dawn.com
Trending
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When an emperor came calling on a newly independent India to learn from its early successes
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‘Crew’ review: A sexy, funny and honest airline heist movie
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How the high demand for coaching classes reflects India’s employment and economic distress
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Bharti group’s Rs 150 crore bond donation to BJP coincided with Modi government’s telecom U-turn
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Kotak firm’s Rs 60 crore donation to BJP coincided with crucial RBI decisions on Kotak Mahindra Bank
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The economic woes of Pakistan and Sri Lanka have similar origin stories
Like Sri Lanka, Pakistan’s economic distress has been in the making for decades.
Hussain Mohi-ud-Din Qadri, Dawn.com
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Sri Lanka’s economic meltdown has forced many of its elderly onto the streets
In a country where large numbers of older workers lack pensions, some have turned to begging and charities to cope.
Piyumi Fonseka, Thomson Reuters Foundation
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Pakistan raises prices of petrol, diesel by Rs 35 amid economic crisis
The country is facing the threat of debt default as the International Monetary Fund continues to delay a $6 billion bailout secured in 2019.
Scroll Staff
Video
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Watch: Comedian sings Ed Sheeran song in the style of artists ranging from Sonu Nigam to Kumar Sanu
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Watch: Woman holds abdominal plank position for over four and half hours
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Watch: Kuno National Park posts video to celebrate cheetah cub Mukhi’s first birthday
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Watch: Migrant workers travel in train toilet owing to unavailability of seats
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Watch: PTI posts video accusing male ANI reporter of assaulting and abusing its woman journalist
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Pakistani rupee drops to record low amid economic crisis
Thursday’s drop in currency value by 9.6% has been the largest single-day decline in both absolute and percentage terms since 1999.
Scroll Staff
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High inflation, debt and political fault lines: Rishi Sunak faces a challenging few months ahead
The new administration must draft and pass a fiscal consolidation plan, which all Tory members are on board with, and work to reduce the fiscal deficit.
Deepanshu Mohan
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The Indian economy looks bleak – but that only reflects the cancer within
A small segment has cornered most of the gains of the past few years. The rest have felt the increasing pain of inflation and economic strife.
Mitali Mukherjee
The Reel
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‘Patna Shuklla’ review: A competently argued legal drama
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‘Inspector Rishi’ review: A superbly crafted battle between fact and fable
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‘Alibaba Aani Chalishitle Chor’ review: A lightweight study of modern marriage
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‘Crew’ review: A sexy, funny and honest airline heist movie
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‘Amar Singh Chamkila’ trailer: Diljit Dosanjh plays the slain Punjabi singer in Imtiaz Ali’s biopic
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Rising yields on government bonds seem to be making Modi government anxious
On May 4, the yield on its benchmark bond that matures in 10 years hit a three-year high of 7.4%, up 67 basis points since the beginning of this year.
Mimansa Verma, qz.com
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A former economist at Sri Lanka’s central bank explains why the country went from boom to bust
While problems have been brewing for years, spillovers from the crisis in Ukraine have sent the island nation over the edge.
Vidhura S Tennekoon, The Conversation
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Sri Lanka’s economic meltdown has forced its citizens to take on second jobs as waiters and drivers
Lakhs of workers who are struggling to afford food, fuel and medicine have turned to moonlighting.
Shihar Aneez, Thomson Reuters Foundation
The Field
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Tennis, Miami Masters: Rohan Bopanna and Matthew Ebden through to the final
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Badminton, Spain Masters Super 300: Crasto-Ponnappa, Sindhu move into quarter-finals in Madrid
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IPL 2024: Riyan Parag, bowlers set up win for Rajasthan Royals against Delhi Capitals
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IPL 2024: KKR bring in Allah Ghazanfar as replacement player; RR rope in Keshav Maharaj
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Athletics: Neeraj Chopra to open his 2024 season at Doha Diamond League in May