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Local News

Steady Growth in Sri Lanka's Credit Card Usage as Consumer Confidence Holds.

April 30, 2026 at 10:49 AM

Sri Lanka's active credit card base expanded in February 2026, reaching over 2.19 million cards. The data reflects a stable retail credit environment with steady consumer demand for globally accepted payment methods.

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Steady Growth in Sri Lanka's Credit Card Usage as Consumer Confidence Holds
Image Credit : globalceomag.com
Economy

Ethiopia Faces Legal Action from Bondholders Over $1 Billion Sovereign Default.

A committee representing Ethiopia's international bondholders has initiated formal legal proceedings following the nation's failure to meet payment obligations on its $1 billion Eurobond.

April 17, 2026 at 6:57 PM
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Global Finance
Global Debt Relief: Private Creditors Adopt Payment Pauses for Distressed Nations
Image Source : fitchratings.com

Global Debt Relief: Private Creditors Adopt Payment Pauses for Distressed Nations.

April 16, 2026 at 6:03 PM
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Economy
The Silent Crisis: Why More Young Americans Are Turning to Bankruptcy
Image Source : citizenwatchreport.com

The Silent Crisis: Why More Young Americans Are Turning to Bankruptcy.

April 4, 2026 at 11:33 AM
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