Author: ANASWARA T H

In a nutshell The International Monetary Fund sanctioned on Monday a $2.9 billion bailout for Sri Lanka to revive its devastated economy. The decision would enable an immediate disbursement of $333 million, according to the IMF, and also encourage financial assistance from other partners, potentially helping the country recover from its worst financial crisis in history.The initial sum will be delivered to Sri Lanka within two days, said the global agency on Tuesday. Call to adopt fiscal reforms IMF managing director Kristalina Georgieva urged Sri Lanka to adopt various fiscal reforms to overcome its crisis. She emphasized the need to…

In a nutshell The French government will face a no-confidence vote on Monday subsequent to its efforts to increase the pension age. The two no-confidence resolutions were filed by the opposition parties to counter President Emmanuel Macron’s use of contentious executive powers to increase the state pension age from 62 to 64.French Prime Minister Elisabeth Borne had recently invoked Article 49.3 of the French Constitution, which empowers the government to push through the legislation without a parliamentary vote, amidst shouts and chants from left-wing lawmakers waving placards protesting the unpopular reform. No-confidence votes unlikely to passThe no-confidence votes, though they…

WHO urges China to share data to determine the origins of Covid 19 to ensure transparency subsequent to the disappearance of data published by GISAID. At his most recent media briefing, Tedros Adhanom Ghebreyesus, Director General of WHO, stated that they were aware of the data published by the Chinese Center for Disease Control and Prevention on the international database in late January this year related to the samples collected from Huanan Market in Central China’s Wuhan city. Scientists across the world downloaded it and evaluated the material, which was later taken down. They have reportedly uncovered molecular evidence that…

The Hague: An arrest warrant was issued against Russian president Vladimir Putin by the International Criminal Court on Friday over alleged war crimes during his invasion of Ukraine. The court has also put out a warrant for Maria Lvova-Belova, Russia’s Commissioner for children’s rights. ICC accuses Putin of unlawful deportation of children from Ukrainian-occupied territory to Russia since 24 February 2022. The court states that there are “reasonable grounds” to believe that Putin bears individual responsibility for the crimes. Putin is alleged to have committed the crimes directly or jointly with or through others. He is also found to have…