interest rates

Wickremesinghe responds to critics on…

July 2, 2024
Knowledge

COLMBO: Sri Lankan President Ranil Wickremesinghe on Tuesday countered the Opposition’s criticism of the cash-strapped country’s external debt restructuring agreement with major bilateral creditors and promised to table all agreements and documents regarding debt restructuring to a parliamentary panel for…

US employers added a robust…

June 7, 2024
Knowledge

WASHINGTON: America’s employers added a strong 272,000 jobs in May, accelerating from April and a sign that companies are still confident enough in the economy to keep hiring despite persistently high interest rates. Last month’s sizable job gain suggests that…