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Sri Lanka parliament meets amid calls for Rajapaksa to step down

Bloomberg Sri Lanka’s parliament meets as an economic crisis spiraled into street protests and a number of lawmakers called for President Gotabaya Rajapaksa to step down due to the mismanagement of the country’s finances and his sweeping executive powers. A ruling coalition partner, the Sri Lanka Freedom Party, said its 14 lawmakers had decided to withdraw support for Rajapaksa’s government ...

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Germany expels 40 Russian diplomats on ‘spy-agency links’

Bloomberg Numerous European Union countries expelled Russian diplomats following the apparent slaying of Ukrainian civilians in Bucha, a town near Kyiv that was among the first targets of invading Russian forces. Germany said it was kicking out 40 staff members from the Russian embassy in Berlin with suspected links to spy agencies. France followed suit, saying it was telling 35 ...

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RBA faces hawkish heat as strong economy raises risk of inflation

  Bloomberg The Reserve Bank of Australia (RBA) is under pressure to begin tightening monetary policy in as little as two months as a strengthening economy together with pre-election budget spending fuels inflation concerns. A number of economists have either brought forward their call for the first interest-rate rise or are highlighting risks from Governor Philip Lowe turning hawkish following ...

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