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Rajapaksa heartland is even broken in Sri Lanka

The road to Hambantota may be paved with Chinese money, but its value is up for debate — now more than ever. Set among the soft, green rice paddies and coconut palms of Sri Lanka’s deep south, Hambantota is best known as the stronghold of the nation’s Rajapaksa clan, who have spent years using borrowed money to build monuments to ...

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Central bankers find it tough to tackle inflation

  The Federal Reserve, the European Central Bank (ECB) and the Bank of England all preside over inflation rates that have surged to quadruple their 2% targets. One of their brethren is highly skeptical of their chances of success in calming price increases. It may turn out that they’ve been lucky rather than good in achieving price stability in recent ...

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India eyes low green hydrogen costs to spur clean energy use

  Bloomberg India plans to slash the production costs of green hydrogen to $1 a kilogram from $5-$6 currently to encourage industries to use cleaner energy and wants access to cheaper loans to help fund that transition, a senior government official said. The world’s third-largest carbon emitter put out a roadmap in February to become a hub for the production ...

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