Bloomberg Boris Johnson revealed a controversial plan to send asylum seekers who cross the English Channel to Rwanda, a move the UK prime minister said will face significant legal hurdles as he tries to position his government on a flash-point political issue. Migrants who come to Britain on small boats risk being sent to the African state, Johnson said in ...

Bloomberg Sri Lanka needs between $3 billion to $4 billion this year to pull itself out of an unprecedented economic crisis and plans to start talks with the International Monetary Fund (IMF) for help, Finance Minister Ali Sabry said. The nation is looking at making a “decent case” before the IMF to help preserve the economy, he said in an ...

  Bloomberg India’s central bank would have to gradually hike the benchmark interest rate to its highest in three years as it battles to curb inflation that’s hovering above its targeted range, economists said. The Reserve Bank of India (RBI) might change its stance to neutral from accommodative in the June policy, topping it up with a 25 basis points ...