Tuesday , 23 December 2025

Recent Posts

Sri Lanka’s rating cut at S&P Global to reflect default risk

Bloomberg Sri Lanka’s credit rating was pushed further into junk at S&P Global Ratings, which cited the nation’s deteriorating fiscal position as a risk to the sovereign’s ability to service debt. The country’s long-term foreign-currency credit rating was cut to CCC+ from B-, with a stable outlook, according to a statement from S&P. Sri Lanka’s credit score is now the …

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UK vows to stop funding for fossil fuel projects overseas

Bloomberg The UK will become the first major industrialised nation to end all public finance for fossil fuel projects overseas, in an effort to mark itself out as a leader in tackling climate change. Prime Minister Boris Johnson was expected to make the announcement at a virtual United Nations summit , which he’s co-hosting with France, Italy and Chile. More …

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World must invest in health systems that protect everyone, says UN chief

NEW YORK / WAM The Covid-19 pandemic has revealed just how important it is for all countries to have strong health systems that provide the entire population with quality services when and where they need them, UN Secretary-General Antonio Guterres has stressed. “For Universal Health Coverage Day, let us commit to ending this crisis and build a safer and healthier …

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