“The extent of the crisis in Sri Lanka is unprecedented, but offers a historic opportunity for deep reforms to reset the country’s economic storyline,” said Faris H. Hadad-Zervos, World Bank Country Director for Sri Lanka. “The CPF supports this shift. Through a phased approach, the Wo...
If people didn’t have confidence at historic low interest rates do you believe they will have more confidence when the interest rates are negative? Of course not, if anything it is a signal that things are not working and that the authorities are desperado. You can bring a horse to th...
Zimbabwe’s economy is characterised by lack of dollar assets and exchange rate movements have forced investors to seek hedge options in which case they have found ready n equities to duck inflation darts. “I think in the last few years the driving factors have been hedging against inflation...
Sri Lanka has made a historic decision in banning fertilizer which could get higher prices including for traditional exports like tea Minister Gunewardene claimed. “If we could export tea by not using chemical fertilizer or insecticides, then Sri Lanka Tea will get an unu...
India is rapidly emerging as the largest manufacturer of Lab Grown Diamonds (LGDs) with more than 6,000 machines/reactors for LGD. The LGD industry in India is growing at an impressive 53%. India already boasts undisputed leadership in cutting & polishing diamonds, and now with the added ...