Amid financial turmoil, US backs Sri Lankan debt restructuring
By France24
08 September 2022 |
2:42 pm
US Treasury Secretary Janet Yellen says the US will support the restructuring of Sri Lanka's debt and will extend financing assurances to the country. This as Sri Lanka suffers its worst economic crisis in seven decades. We report on how fishermen are having to use oars instead of motors to set to sea. But first, we look at the EU's proposed plan to cope with the energy crisis, as well as discouraging data from China's export sector.
In this article
Related
September 24, 2023
Related
24 Sep
This week, five US citizens freed from prison in Iran were able to embrace their loved ones back home. Under the deal brokered by Qatar, five Iranians detained in the United States were also released. The agreement included the unfreezing of nearly $6 billion in Iranian assets. So is the deal a sign of warming ties between Washington and Tehran? We put the question to David Smith, Washington bureau chief for the Guardian.
24 Sep
The United Auto Workers and the US's Big Three carmakers remain far apart in their negotiations as time is running out before the union plans to escalate its strike on Friday. Last week, workers walked off the job at three plants, each belonging to Ford, General Motors and Stellantis. Also in this edition, the US Federal Reserve leaves interest rates unchanged. Plus, Japanese conglomerate Toshiba could go private after being on the stock market for 74 years.
24 Sep
With Ukrainian President Volodymyr Zelenskyy in Washington seeking more help to fend off Russia's forces, US President Joe Biden said he was confident Congress would continue supporting Kyiv.
22 Sep
Find these stories and much more when you grab a copy of The Guardian on Saturday.
24 Sep
US Vice President Kamala Harris will head the new federal office, as she and Biden gear up for the 2024 election. The White House efforts towards gun control are unlikely to be effective without the support of Congress.
24 Sep
Secretary of State Antony Blinken has said that the US takes "very, very seriously" incidents of "transnational repression," adding that he wants to ensure "accountability."
25 Sep
After beginning a strike one week ago, the United Auto Workers union has increased the number of plants affected by industrial action. Until now, workers have been striking at three sites, one each for Ford, General Motors and Stellantis. UAW leader Shawn Fain says that will be increased to 38 factories, all of them GM and Stellantis parts distribution centres. Ford has been spared of further disruption, with the union saying the company has made "important concessions".
25 Sep
The White House is warning of severe economic consequences if Congress fails to pass a funding bill by an October 1 deadline. Far-right House Republicans are demanding deep spending cuts that are almost certain to be rejected by the Democratic-controlled Senate. Also in this edition: France asks its energy firms to sell fuel at cost, and Germany looks to semiconductor production to revive its flagging industrial sector.
25 Sep
Megan Rapinoe has ended her US national team career with a 2-0 win over South Africa in Chicago. The 38-year-old ends her stint as an international with 63 goals, 73 assists and 203 caps, along with two world cups. Rapinoe made her debut for her country in 2006, with only three players having longer spells playing for the United States. "It has been such an honor to be able to wear this shirt, play with all these players and live out my childhood dream. I know that I mean a lot to the game.
28 Sep
The Cook Islands and Niue have been recognized by the United States as "sovereign and independent states." The move appeared to be aimed at curbing further Chinese inroads into the Pacific region.
27 Sep
The German and US defense ministers have said they see no immediate need to leave Niger, following France's decision to withdraw troops. Niamey's junta has been more focused on the former colonial power's presence.
Latest
5 hours ago
On Inside Stuff with Martins Oloja, the multi-award-winning journalist and Editor-in-Chief of The Guardian this week talks about the reasons why federalism matters in Nigeria.
5 hours ago
Did you know that in Anglophone Cameroon, schoolkids don't wear uniforms? It's to avoid being identified by attackers. Also, they don't attend school on Mondays. Our teen reporter, 16-year-old Lum Precious, speaks with her peers in the first episode of GirlZOffMute from Cameroon. They appeal to President Paul Biya to act immediately so that kids no longer fear being attacked on their way to school.
5 hours ago
Hanna Domanska survived the genocide in Soviet Ukraine in the 1930s. Ninety years on she recalls the agony of the "Great Ukrainian Famine." This is her story.
1 day ago
The largest corruption scandal in Southeast Asia's history has shaken Vietnam's anti-graft drive. Experts have warned that the country's economic stability may be at stake.
1 day ago
Talking Europe hosts Pascal Canfin, the chair of the environment committee at the European Parliament. He is a former French government minister and a former director of the French branch of the World Wildlife Fund (WWF). We take a look at what is coming out of the COP28 climate summit in Dubai, and at the state of the EU's green transition.
1 day ago
The United States has the highest maternal mortality rate among industrialised countries. Our reporters head to Louisiana where Black women are four times more likely to die from pregnancy or childbirth complications than White women. Also #MeToo finally reaches Taiwan where a growing number of women have been speaking out about their experiences working with sexual predators.
×

Get the latest news delivered straight to your inbox every day of the week. Stay informed with the Guardian’s leading coverage of Nigerian and world news, business, technology and sports.