Economy
IMF Ties Sri Lanka’s Upcoming Funding Tranche to Energy Price Reforms.
May 15, 2026 at 5:12 AM
The International Monetary Fund (IMF) has underscored that Sri Lanka must prioritize energy cost recovery for fuel and electricity as a mandatory condition to clear the next stage of its Extended Fund Facility (EFF) review.
Technology
Rivian Adjusts Strategic Plans: Debt Financing Reduced Amidst Georgia Plant Expansion.
April 30, 2026 at 8:07 PM
Rivian has reduced its Department of Energy loan from $6.6 billion to $4.5 billion while expanding the capacity of its Georgia manufacturing plant by 50% to accommodate R2 SUV and robotaxi production.
United States
Tense Congressional Hearing: US Energy Secretary Faces Backlash Over Iran Policy and Energy Costs.
April 16, 2026 at 3:31 AM
Democratic lawmakers recently confronted US Energy Secretary Chris Wright regarding potential global economic fallout from a conflict with Iran and the ongoing frustration over domestic gas prices.














