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.
Economy
Global Central Banks Navigate Dilemma Amidst Escalating Energy Costs and Economic Stagnation.
May 10, 2026 at 12:56 PM
Major central banks, including the Federal Reserve and ECB, are holding interest rates steady as global energy prices spike, forcing a difficult balance between inflation control and economic growth.
United States
US Tariff Adjustments Could Push Federal Deficit Upward by $1.1 Trillion.
April 27, 2026 at 8:34 PM
The Congressional Budget Office (CBO) has indicated that recent changes in US tariff policy could increase the federal deficit by $1.1 trillion over the next decade, though officials note that definitive long-term forecasting remains complex.




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