Economic Crisis
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Iran protest: 'He too will fall,' Supreme Leader Khamenei warns Trump as unrest kills 62 | Highlight
World | Jan 09, 2026, 11:43 PM ISTIran protest live updates: Iranian state media broke its silence Friday over the protests, alleging “terrorist agents” of the US and Israel set fires and sparked violence. It also said there were “casualties,” without elaborating. The protests have intensified steadily since beginning December 28.
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Sri Lanka presidential elections: Five things to know ahead of polls on Saturday | DETAILS
World | Sep 20, 2024, 10:39 AM ISTIncumbent President Ranil Wickremesinghe, running as an independent, is seeking re-election in a tight contest against Sajith Premadasa and Anura Kumara Dissanayake. Sri Lankans hope their new leader will bring an improvement in their fragile economy as millions reel under poverty and debt.
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No salary, perks for Himachal MLAs, including CM, for 2 months, says Sukhu amid economic crisis
India | Aug 29, 2024, 05:44 PM ISTHimachal Pradesh CM Sukhvinder Singh Sukhu in a post on X said after discussing in the cabinet, all the members of the cabinet decided that until the state sees good improvement in the coming times, nobody will take any salary, TA, or DA for next 2 months.
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Sri Lankan SC holds President Ranil Wickremesinghe guilty of violating fundamental rights
World | Aug 23, 2024, 09:29 AM ISTThe court rapped Wickremesinghe and the independent election commission for failing to hold local council elections last year. The elections for 340 local councils were postponed from March 9, 2023, as the Treasury claimed it could not fund the polls amid a crippling economic crisis.
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Namal Rajapaksa, heir of powerful Rajapaksa family, enters Sri Lankan presidential race | Who is he?
World | Aug 08, 2024, 10:34 AM ISTNamal, 38, will compete against President Ranil Wickremesinghe, opposition leader Sajith Premadasa and the Marxist JVP leader Anura Kumara Dissanayake on September 21. The son of former President Mahinda Rajapaksa, Namal is currently an MP from the Hambantota district.
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Sri Lanka to vote for new president on September 21, first election after 2022 economic unrest
World | Jul 26, 2024, 01:54 PM ISTSri Lanka was plunged into an unprecedented economic crisis in 2022 after running out of foreign reserves, leading to large-scale protests and the ouster of ex-President Gotabaya Rajapaksa. Incumbent President Ranil Wickremesinghe brought down inflation and steered the economy to positive growth.
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How economic shocks and political tensions led to 'failed coup' in Bolivia against Luis Arce?
World | Jun 27, 2024, 08:12 PM ISTIn the dramatic three-hour standoff, Bolivian troops seized control of the capital's main square with armoured personnel carriers and crashed a tank on the presidential standoff. As President Luis Arce confronted the army commander, it became clear that the coup had no political support.
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WHAT! Pakistan's troubles refuse to end as tomato prices skyrocket to over Rs 200 before Eid
World | Jun 16, 2024, 08:39 PM ISTThis is not a phenomenon in Pakistan, as vegetable prices tend to skyrocket ahead of festivals like Ramadan and Eid-Al-Adha. Pakistan continues to endure high food inflation despite government's efforts to curtail rising prices, which seem to be having the opposite effect.
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Centre sanctions Rs 21,253 crore borrowing limit for Kerala amid economic crisis
India | May 26, 2024, 07:20 PM ISTAs Kerala faces economic crisis, Union Minister of State for Electronics and Information Technology Chandrasekhar announced a sanctioned borrowing limit of Rs. 21,253. He also announced a Rs 200 crore project under the Urban Flood Mitigation Programme for Thiruvananthapuram.
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Pakistan PM Shehbaz Sharif bans 'red carpets' at official events to 'save money' amid economic woes
World | Mar 31, 2024, 12:40 PM ISTPakistan has been reeling under economic stress for the past few years. Even the Prime Minister acknowledged that the country could not survive if the IMF did not provide adequate funds.
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Pakistan PM Shehbaz Sharif, entire cabinet to forgo salaries amid economic crisis | Does it work?
World | Mar 21, 2024, 10:46 AM ISTPakistan's austerity measures aim to promote fiscal responsibility amid a severe economic crisis, causing them to seek a financial bailout from the IMF. The global moneylender reached a staff-level agreement with Pakistan to release the last tranche of the $3 billion bailout package.
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Cuba announces 500 per cent increase in fuel prices as it struggles with worsening economic crisis
World | Jan 10, 2024, 12:39 PM ISTFinance minister Vladimir Regueiro said the cost of diesel and other types of fuel would face similar mark-ups, while also increasing electricity and natural gas prices. The Cuban government would also open 29 new petrol stations that will solely accept payment in US dollars.
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Why Pakistan is in economic crisis?
News | Nov 29, 2023, 11:52 PM ISTWhy Pakistan is in economic crisis?
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Javier Milei: Five things you want to know about the new 'shock therapist' Argentinian President
World | Dec 13, 2023, 11:02 AM ISTKnown as the 'Donald Trump of Argentina', Milei proposed a series of dramatic changes as the country reels from a worsening economic crisis with rising inflation. He won the elections by garnering close to 56% of the total votes, defeating his rival Sergio Massa, the economy minister.
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Pakistan: 95 million people living under poverty as living standards fall, reveals World Bank
World | Sep 23, 2023, 04:25 PM ISTAccording to the World Bank, Pakistan's poverty levels shot up from 34.2% to 39.4% since last year, showing that its economic model is unable to ease its poor economic conditions.
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Near economic collapse, Pakistan reaches $3 billion staff-level pact with IMF
World | Jun 30, 2023, 12:46 PM ISTPorter also highlighted policy missteps in Pakistan, such as "shortages from constraints on the functioning of the FX market", that have stalled the country's economic growth.
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Eurozone, 20 countries that use euro currency, slips into recession as GDP falls by 0.1% I DETAILS
World | Jun 08, 2023, 04:51 PM ISTThe economic growth figure for the 20 countries that use the euro currency was revised down from zero to minus 0.1% for the fourth quarter of 2022.
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Sri Lankan MP arrested with 3.5 kg gold worth SLR 65 lakh at Colombo airport amid economic crisis
World | May 23, 2023, 10:57 PM ISTRaheem, a member of the Muslim minority party, All Ceylon Makkal Congress, was elected to Parliament in August 2020.
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Imran Khan's aide Fawad Chaudhry runs for life as he spots cops outside court building | WATCH
World | May 17, 2023, 06:25 AM ISTChaudhry of Pakistan Tehreek-e-Insaf had been detained under the Maintenance of Public Order regulation in the wake of violent protests by the supporters of his party following Imran Khan's arrest last week, and had filed a petition for acquittal in the Islamabad High Court (IHC).
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Pakistan unemployment at its peak: Over 10 lakh lost jobs in past few months amid economic slowdown
World | May 07, 2023, 02:37 PM ISTIn four industrial sectors of Karachi and the countrywide auto vending units, stakeholders claimed that “over 5,00,000 people have faced joblessness.”