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Trump Administration Imposes Shock 44% Tariff on Sri Lankan Imports; LKR Plummets Against USD

WASHINGTON D.C. / COLOMBO – The Trump administration today delivered a significant blow to US-Sri Lanka trade relations, announcing the immediate imposition of a hefty 44% tariff on […]

Australian businessman held without charge in Vietnamese jail
A high-flying Australian financier accused of swindling a struggling Vietnamese petroleum trading company has been languishing in a Ho Chi…
Dec 23, 2025
Impact of excessive environmental information disclosure on stock price crash risk
With the deepening of carbon peak and carbon neutrality (“dual carbon”) initiatives, corporate responsibility for environmental information disclosure has become…
Dec 23, 2025
India announces USD 450 mn package as PM Modi's special envoy meets cyclone-hit Sri Lanka's top leaders
India has pledged a USD 450 million reconstruction package to Sri Lanka following Cyclone Ditwah. External Affairs Minister S Jaishankar…
Dec 23, 2025
How Wall Street helped turn poor countries into permanent debtors
Like many Americans, most countries are in a lot of debt. Developing countries, alone, carry nearly $31 trillion worth of…
Dec 22, 2025
India's free trade agreements playbook explained
India has concluded a Free Trade Agreement with New Zealand. This marks India's 18th such pact. The agreement is expected…
Dec 22, 2025