Financial Storm Brewing? Premadasa Challenges Official Reserve Figures and Future Debt Readiness.
Opposition Leader Sajith Premadasa has raised concerns over the transparency of Sri Lanka's economic data, suggesting that usable foreign reserves are lower than reported and calling for immediate negotiations on a successor IMF program to handle upcoming debt obligations.
OPEC Fund Unveils $1.5 Billion Global Economic Resilience and Trade Initiative.
The OPEC Fund for International Development has introduced a $1.5 billion financing program, titled E-STAR, aimed at bolstering trade, economic stability, and resilience across its partner nations.
European Regulators Impose Heavy Fines on Global Banks for Forex Cartel Activities.
The European Commission has fined several major financial institutions, including Barclays, HSBC, and NatWest, a total of €344 million for their participation in a foreign exchange spot trading cartel.
Unpacking the Petrodollar System: Geopolitics and Global Energy Markets.
An examination of the 'petrodollar' mechanism, exploring how the dominance of the US dollar in global oil trade shapes international relations, influences inflation, and dictates geopolitical strategies.













