Sri Lanka has defaulted on its foreign debts, thus sending a wave of shocks around the world. The country is even not able to pay for fuels imported. External economic factors and mismanagement is said to be the reason why the country has not been able to meet up with payments. It is the first […]
Nepal needs help with Forex Reserve
The country has reached out to nationals living abroad to help solve part of the country’s economic woes. Nepalese living abroad is asked to deposit funds in local banks to help ensure that the country has enough liquidity so that it could preserve foreign exchange reserves. However, some key country analysts said that the country […]
4 Threats to Global Economy 2022
The global economy is facing new challenges in 2022. We made a quick recap on four of these. Subscribe and follow AP Moments for more business reports.
Why Republicans and others concerned about the economy have reason to celebrate Biden in the White House
President-elect Joe Biden speaks to supporters on Nov. 7 in Wilmington, Del. AP Photo/Carolyn Kaster William Chittenden, Texas State University On day one, a newly inaugurated President Joe Biden will have to address a devastated economy – much like he and former President Barack Obama did a decade ago. What can the country expect? Forecasting […]