Polls opened in presidential and legislative elections in Ghana Saturday, poised to be a litmus test for democracy in a region shaken by extremist violence and coups. Watch for more details!

Polls Open in General Election in Ghana Amid Economic Crisis

In 2023, developing countries faced a record $1.4 trillion in foreign debt service, with interest costs reaching a 20-year high. The world bank’s latest report reveals that total foreign debt interest payments surged to $406 billion. Watch in for more details!

Developing Countries Face Record $1.4 Trillion In Foreign Debt Payments

The people of Bangladesh are reportedly enduring staggering price hikes, the devastation of natural disasters, and the ever-deepening economic crisis, among others. Bangladesh’s interim government meanwhile continues to speak of reforms and changes that will supposedly shape a better future even as the people of Bangladesh suffer in the present.

Bangladesh Government Crashing Under Economic Chaos

Anura Kumara Dissanayake has taken the oath of office as Sri Lanka’s President, marking a significant shift in the country’s political landscape. His victory comes during a critical time, as Sri Lanka grapples with its worst economic crisis in over 70 years, necessitating urgent reforms and recovery strategies.

Dissanayake Sworn In: A New Era for Sri Lanka?

Have you ever wondered how the tides of international relations can shift so rapidly.... Especially in a picturesque paradise like the Maldives? We will explore the evolving ties between India and the Maldives..And the economic challenges that threaten this island nation.

Zero-cost treasury bill for Maldivian support

Bangladesh seeks $5 billion in emergency funds to boost dwindling forex reserves

Economic refugees flee from New Zealand as cost-of-living crisis deepens

Former Maldives Vice President Ahmed Adeeb has expressed concerns over loans from China, & the current debt worries of the country. Speaking to our diplomatic correspondent Sidhant Sibal, he said, 'Lot of debt taken from China. High interest loans from commercial banks of China talks with China, but not announced, will they delay, write it off". The Maldives is currently navigating through significant economic challenges, particularly with regards to its debt situation. The country has experienced a significant downgrade in its credit rating by Fitch Ratings, moving from 'CCC+' to 'CC' as of August 29, 2024. He lauded India, pointing to the Delhi's role in support Sri Lanka during economic crisis. He explained, 'India has always helped us. For Sri Lanka, it was India who helped"

Former Maldives VP Ahmed Adeeb takes on China over Maldives' economic crisis

China's housing market struggles persist: Experts predict prolonged downturn

Bangladesh, a global textile powerhouse, is facing a severe crisis. Political unrest has brought the country to a standstill, with violent protests, curfews, and internet shutdowns disrupting daily life.

Bangladesh’s garment sector faces $4 bn loss amid crisis

Let's look at China's new plan to revive the economy after the top leadership's twice-a-decade meeting. After years of uncertainty, the government of Xi Jinping has laid out its strategy to resolve a fiscal crisis in China. However, the new playbook is deemed insufficient by economists.

China's new economic playbook is a remedy but not a cure

13,800 High-net-worth individuals left China in 2023, 15,200 are expected to leave China this year. Why are Chinese millionaires leaving their country? Gravitas explores.

Gravitas: Why China's millionaires are leaving the country?

Let's look at the developements in China's property market crisis. Chinese leaders believe lowering home inventories would halt the country's unparalleled property collapse.

China's property crisis in focus

China, the world's second-largest economy, has reported faster-than-expected growth in the January to March quarter. But the devil lies in the details. And, they suggest things are set to get tougher in the rest of the year.

China reports faster-than-expected growth in January to March quarter

Cubans are suffering from great hardships as they continue to battle power outages. They expressed dismay over further power blackouts in Cuba's Santiago. Watch in for more details!

Cuba Economic Crisis: Cuba protests food shortage, electricity cut

Cuba: US trade embargo, sanctions trigger food & medicine shortage

We look at the economic turmoil gripping Hong Kong as it grapples with the aftermath of implementing Article 23, a rule inspired by China’s national security law that gives unprecedented powers to the state while dealing with national security concerns. Once hailed as Asia's financial powerhouse, Hong Kong now faces a mass exodus of investors, plummeting confidence, and a shrinking job market. Watch in for more details!

Hong Kong's Economic Crisis: Talent & capital exodus follows implementation of national security law

In Australia, the cost of living crisis has made the government take an important step to support low-income families. The Australian government will support a minimum wage increase in line with inflation this year. This comes at a time when low-income families continue to grapple with the rising cost of living.

Australia: Government to support minimum wage increase in line with inflation

China sets an ambitious growth target of 5% for this year alongside measures to boost confidence. The government also plans to raise debt worth $139 billion as officials ramp up fiscal stimulus. However, matching last year's figure will be harder as the country faces a lack of investor confidence and a slowing global economy.

China sets 5% growth target

Nigeria's inflation rate accelerated further in January and reached almost 30% in annual terms, driven by soaring food costs and the fall of the country's naira currency to record lows. Watch in for more details!

Nigeria: Public anger grows over economic distress

Sri Lanka President Ranil Wickremesinghe has thanked India for the economic support to his country amid the economic crisis. Speaking to our diplomat correspondent Sidhant Sibal in Perth, he said, 'thankful to India without that we could not have survived and this is why we are also looking at closer relations between the two countries'. India provided a support of almost $4 Bn to the country during the economic crisis. The President pointed that plans are underway for Chennai IIT to establish a campus in Sri Lanka "most probably in Kandy.". He President spoke on other issues including visit of Chinese vessels to Sri Lanka, Maldives President Muizzu's India policy amoung other things.

Sri Lanka President thanks India for economic support; Plans for IIT Campus in Kandy

Argentina's push towards the U.S. Dollar will not be completed anytime soon. That's what the country's libertarian present Javier Milei has now hinted.

Argentina's dollarisation in backburner

Argentinian President Javier Milei's economic measures continue to faces major opposition. In the latest, the country's largest union held a 12-hour strike on Wednesday. Thousands of workers demonstrated in capital Buenos Aires to oppose Milei's reforms.

Argentina: Labour groups oppose reforms

Argentina's labour union holds 12-hour-long strike

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