Economic Turmoil
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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
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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
Trending
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Rajasthan verdict in 30 charts: Poll was closer than results showed, Congress held on to vote share
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‘Did Ram say kick out the poor?’ The discontent of the displaced in new Ayodhya
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Why UK’s new immigration curbs will will be crushing for those hoping to reunite their families
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Listen: The taals used by tabla players to accompany thumri
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‘I’m jealous’: Actor Salman Khan on West Bengal CM Mamata Banerjee’s house being smaller than his
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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
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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
Video
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‘What is it that we should do?’: Comedian on fitness advice found online that only causes confusion
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‘Ikigai finally finding purpose’: Comedian Gaurav Kapoor on how books have become home decor
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Watch: Chennai residents rescued in boats, choppers distribute food supplies, city remains flooded
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Watch: Robot dog dances to the beats of African drums and marimbas at AI Expo event in South Africa
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‘I’m jealous’: Actor Salman Khan on West Bengal CM Mamata Banerjee’s house being smaller than his
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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
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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
The Reel
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Watch: A full-length ‘Dunki’ trailer is out
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‘Kabuliwala’ trailer: Mithun Chakraborty stars in latest adaptation of the Rabindranath Tagore story
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‘Mast Mein Rehne Ka’ trailer: Jackie Shroff, Neena Gupta star in slice-of-life comedy
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Start the week with a film: Russian literature and Kangra painting meet in ‘Kasba’
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Vir Das: ‘Humanity without laughter wouldn’t survive very long’
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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
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Sri Lanka seeks $1.5 billion line of credit from India as economic crisis worsens
On March 18, New Delhi had extended a line of credit worth $1 billion to Colombo as its foreign reserves have hit rock bottom.
Scroll Staff
The Field
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ICC Men’s T20I Player Rankings: Indian spinner Ravi Bishnoi becomes No 1 bowler
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Pro Kabaddi League: Sonu Jaglan leads Gujarat Giants to victory over U Mumba
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FIH Hockey Women’s Junior World Cup: India beat New Zealand via penalty shoot-out
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England tour of India: Harmanpreet Kaur and Co look to start long home season on winning note
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FIH Hockey Men’s Junior World Cup: Hundal hat-trick spurs India to win over South Korea