Sri Lanka, Its Economy Reeling, Is Approved for $3 Billion Rescue Loan
Posted inBanking and Financial Institutions China Colombo (Sri Lanka) Credit and Debt Disasters and Emergencies Economic Conditions and Trends India International Monetary Fund Rajapaksa, Gotabaya Sri Lanka Strikes Wickremesinghe, Ranil

Sri Lanka, Its Economy Reeling, Is Approved for $3 Billion Rescue Loan

The nation, having weathered negotiations with Japan, India and China, hopes the emergency funds from the International Monetary Fund will see it through its debt crisis.
War in Ukraine Deepens Divide Among Major Economies at G20 Gathering
Posted inEconomic Conditions and Trends Group of Twenty India International Monetary Fund Russian Invasion of Ukraine (2022) Treasury Department United States United States Economy United States International Relations United States Politics and Government

War in Ukraine Deepens Divide Among Major Economies at G20 Gathering

Treasury Secretary Janet L. Yellen urged her counterparts at a summit in India to condemn Russia’s actions, and she defended the cost of supplying aid to Kyiv.
Why Stripe Is Raising Money at a Lower Valuation
Posted inBankman-Fried, Sam Boeing Company Ford Motor Co Hindenburg Research Huawei Technologies Co Ltd Hyman, Jennifer internal-storyline-no International Monetary Fund Kushner, Joshua Modi, Narendra Musk, Elon Rent the Runway Stocks and Bonds Stripe Inc Thrive Capital Venture Capital

Why Stripe Is Raising Money at a Lower Valuation

Stripe’s plan to raise billions at a lower valuation underlines the challenges facing start-ups seeking money as the market for initial public offerings stays shut.