Local News
SJB Lawmaker Forecasts Economic Strain and Move Toward National Government.
May 19, 2026 at 9:31 AM
Opposition MP Sujeewa Senasinghe has warned of an impending economic downturn in Sri Lanka, projecting the US Dollar exchange rate could surpass Rs. 360 and suggesting a push for a national government within months.
Finance
Renowned Economist Gary Shilling Warns of Impending US Recession and Market Correction.
May 2, 2026 at 9:27 AM
Veteran economist Gary Shilling predicts a looming US recession and a potential 30% drop in the S&P 500, citing inflated valuations and weakening consumer spending as primary risks.
Economy
UK Economic Stability Threatened: Conflict in Iran Forecasted to Spark Major Job Losses.
April 21, 2026 at 6:27 AM
Economic forecasts indicate that the ongoing conflict in Iran could trigger a recession in the UK, potentially leading to 250,000 job losses by 2027 as energy prices rise and supply chains face disruption.











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