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The Hindu festival Holi has become more popular and inclusive, especially in the Indian diaspora. The Hindu festival of colors, observed as Holi in India and Fagu Purnima in Nepal, holds immense cultural significance for South Asians. "There were not many or any events celebrating Holi at that time, despite a considerable number of Indians living in Jackson Heights," she said. He said that over the years he'd seen Indians, Pakistanis, Nepalese, Bhutanese, Sri Lankans, African Americans, and Irish people attending his Holi event. Love was in the air at the Holi celebration.
Persons: , Fagu, bhalle, gulab jamun, I'd, Sheetal, Zayira Ray, Uma Kapoor, Kapoor, Manny Singh, Jarrod Fox, Festivalgoers, Akash Sheth, Sheth, Singh, Elise Young, Elise's Bodyshop, Carmen Perez, Young, who's, Vijay Satnarine, It's, Satnarine, Love, Lord Vishnu, King Hiranyakashipu, Prahlad, Hiranyakashipu's, Holika, Radha Rani, Lord Krishna Organizations: Service, BI, Morgan, Morgan Stanley's IT, Google, Hindu American Foundation, gulal, Apple Locations: Brooklyn , New York, India, Fagu Purnima, Nepal, New York, Asian, Queens , New York, Jackson Heights, Jersey, New York City, Morgan Stanley's, City, Brooklyn, Sri Lankans, African, Connecticut, Massachusetts, London, Wales
Agrawal, a 45-year-old serial entrepreneur who founded the period-underwear company Thinx and the bidet startup Tushy, has always poured herself into her businesses. That July, Agrawal gave birth to her son, Hiro Happy Horn Agrawal. AdvertisementAfter leaving Thinx, Agrawal, pictured here in her Texas home, poured her energy into her bidet startup Tushy. Before Thinx, before Tushy, Agrawal was an analyst at Deutsche Bank, working in an office near the World Trade Center. In 2011, she cofounded period-underwear company Thinx with her twin sister, Radha, and a friend, Antonia Saint Dunbar.
Persons: Miki Agrawal, Agrawal, she's, We're, missteps she'd, Miki Agrawal Agrawal, Andrew Horn, Agrawal's, Horn, Instagram, she'd, Hiro Happy Horn Agrawal, Forbes, Tushy, they'd, Thinx, Ilana Panich, , hadn't, they're, Richard Wolf, Radha, Antonia Saint Dunbar, Nicholas Hunt, undressed, wasn't, Shama Amalean Skinner, Amalean Skinner, Maria Molland Selby, welling, Miki, who's, Justin Allen, She'd, Hiro, Jason Ojalvo, Ojalvo, Horn —, Melissa Pruett, Pruett, Jessica Fern's, I've, exes, it's, wifedom, hummus —, Happie Hoffman, Austin, Tesla, Elon Musk, Musk's, Kimbal, Argawal Organizations: New York, Commission, Human Rights, Washington Post, CNBC, Business, Deutsche Bank, World Trade, New York Magic, Food Network, New York Magazine, Antonia Saint Dunbar ., Nike, Outfront Media, New, MTA, New York Times, Glamour, Amazon Locations: New, playa, Texas, Tribeca, West, Williamsburg, Park, America, Canada, Orlando, Thinx, Costa Rica, Horn, Oregon, Austin
Karen Edwards has traveled to or lived in 57 countries with her husband and four children. AdvertisementThis as-told-to essay is based on a conversation with Karen Edwards, who blogs about her family's life abroad. Karen Edwards' son and the camper van they lived in. My kids played with Peruvian children — it was really, really special. AdvertisementKaren Edwards' husband and children.
Persons: Karen Edwards, , I've, Edwards, Karen Edwards I've, It's, We've, it's, Karen Edwards ⁠, they've, we'll Organizations: Service, Sri Locations: Sri Lanka, Dublin, London, Abu Dhabi, London Borough, Croydon, Southeast Asia, Vietnam, Taiwan, Hong Kong, Malaysia, Indonesia, Singapore, Canada, Argentina, US, Mexico, Bahamas, Grand Cayman, Jamaica, Belize, Nicaragua, Guatemala, Costa Rica, Panama, Colombo, Peru, Bolivia, Europe, Central Asia
Even in the darkest of times, Sri Lankans held on to their humor. In 2022, when the island nation’s economy collapsed and the government announced a QR code system to ration gasoline, a meme spread online: “Scanning Fuel QR Code Now Makes You Forget Last Three Months.”And when public anger forced the strongman president to flee his palace, with protesters venturing inside to fry snacks in his kitchen and jump into his pool, another meme captured the mood upon their departure: “We Are Leaving. The Key Is Under the Flower Pot.”It is this kind of online expression, which helped fuel the largest citizens’ movement in Sri Lanka in decades, that activists and rights groups fear is now endangered. They are concerned about a new law, the Online Safety Act, that gives the government wide-ranging powers to deem speech on social media to be “prohibited statements.” Under the law, a committee appointed by the president will rule on what is prohibited, and violations could bring penalties ranging from fines of hundreds of dollars to years in prison.
Persons: Locations: Sri Lankans, Sri Lanka
Sri Lankan authorities said it would scrap free long-term visas for Russian and Ukrainian tourists. Russian tourists have been a major boost to the struggling Sri Lankan economy. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSri Lanka has scrapped free long-term visa extensions for Russians and Ukrainians who headed to the country in the last two years, Reuters reported. This story is available exclusively to Business Insider subscribers.
Persons: Organizations: Service, Reuters, Party, Business Locations: Russian, Sri Lankan, Sri Lanka, Unawatuna
Read previewPolice arrested a woman in Thailand whose pet lion was captured on video cruising around in an open-top Bentley, according to reports. The Pattaya News, a local news outlet, said police visited the woman on Wednesday after being made aware of a viral video showing the animal joyriding in the luxury car. During the police visit, Sawangjit presented officers with her ownership documents and allowed a veterinarian to inspect the animal, the Pattaya News said. AdvertisementThe local news outlet said that the lion was found to be in good health and had a microchip, which is mandatory under Thai law. The local news outlet said Sawangjit is currently seeking the necessary documents to retain her pet.
Persons: , Ann Isaanrussia, — Sawangjit, Sawangjit Organizations: Service, Bentley, Business, Pattaya, BBC News, Pattaya News, Sawangjit Locations: Thailand, Sri Lankan
CNN —Sri Lanka’s lawmakers passed a bill on Wednesday regulating internet use among its citizens, in a move that has sparked fears among rights groups of a free speech crackdown. “Sri Lanka is still reeling from an economic crisis partly caused by misgovernment and failures of accountability,” said Human Rights Watch Deputy Asia Director Meenakshi Ganguly in a statement Tuesday. Then-President Gotabaya Rajapaksa was forced to flee the country after angry protesters, who blamed him for the financial situation, stormed his residence. But rights groups have accused him of cracking down on dissent and silencing protesters. “Sri Lanka’s repressive laws have facilitated widespread human rights violations for decades and contributed to economic and political crises,” said Ganguly.
Persons: , Lanka’s, Meenakshi Ganguly, , Wickremesinghe, Jeff Paine, Gotabaya Rajapaksa, Rajapaksa, Ganguly Organizations: CNN, Safety, Rights Watch, Asia Internet Coalition, United Nations Human Rights Locations: Lanka’s, Sri Lanka, Lankans
By Uditha JayasingheCOLOMBO (Reuters) - Sri Lanka vowed to continue an anti-narcotics campaign that has seen more than 35,000 people detained over the last few weeks despite concerns raised by multiple rights groups, top officials said on Thursday. Sri Lankan police have detained 38,525 people since the operation - code-named "Yuktiya" or "Justice" - began in December. Thirty-three rights organisations including Amnesty International, Human Rights Watch, and International Commission of Jurists, this week expressed concerns over what they call "drastic intensification" of anti-narcotics operations in Sri Lanka leading to significant human rights violations. There is no reasonable suspicion, the kind of people arrested have a lower marginalised economic status," said Thiyagi Ruwanpathirana, a researcher for Amnesty International Sri Lanka. Sri Lanka had over 97,000 drug-related arrests in 2020 with 53% of arrests for heroin and 42% for cannabis including possession offences, according to latest data from state-run National Dangerous Drugs Control Board.
Persons: Uditha Jayasinghe, Tiran, Thiyagi Ruwanpathirana, Ruwanpathirana, Deshabandu Tennekoon, Sri, Toby Chopra Organizations: Reuters, Sri, Public, Amnesty, Human Rights Watch, International Commission of Jurists, Drugs, Board Locations: Uditha Jayasinghe COLOMBO, Sri Lanka, Sri Lanka's
[1/4] People view colonial-era artefacts that have been returned from the Netherlands, at the main Museum in Colombo, Sri Lanka December 5, 2023. Sri Lanka asked the Netherlands to return the artefacts after the Dutch government approved the restitution of historic objects in 2021. The artefacts were taken in 1765 from Kandy, the last kingdom of ancient Sri Lanka, when the Dutch besieged the palace, a statement from the Netherlands embassy said. Sri Lanka is grateful to the government and the people of the Netherlands for returning the artefacts, said Buddhasasana Religious and Cultural Affairs Minister Vidura Wickramanayake. The Netherlands returned over 300 artefacts to Indonesia earlier this year, according to its government.
Persons: Dinuka, Vidura Wickramanayake, Dewi Van de Weerd, Lord Elgin, Uditha, Alexandra Hudson Organizations: REUTERS, Rights, Cultural Affairs, National Museum, Sri, International Cultural Cooperation, British Museum, Alexandra Hudson Our, Thomson Locations: Netherlands, Colombo, Sri Lanka, Kandy, Great Britain, Indonesia, Britain, Greece, Elgin, Athens, Ottoman
The "world's saddest elephant" has died in the Philippines after spending her life in captivity. Mali arrived at the zoo in 1981 as a gift from the Sri Lankan government to Imelda Marcos. AdvertisementMali, a beloved elephant at Manila Zoo in the Philippines, has died after spending over four decades alone in a dilapidated pen. For over 40 years, she lived as the sole elephant in the zoo. A PETA Asia statement said Mali died in her "barren concrete pen," denied expert treatment by a vet, because of "indifference and greed," per CBS News.
Persons: Sir Paul McCartney, Imelda Marcos, , Critics, Pamela Anderson, Benigno Aquino III, Lady Imelda Marcos, Lacuna Organizations: Sri, Service, Manila Zoo, PETA, CBS, BBC Locations: Philippines, Mali, Manila, PETA Asia, Thailand, Philippine
REUTERS/Chris Helgren/File Photo Acquire Licensing RightsCOLOMBO, Nov 25 (Reuters) - Sri Lanka will likely approve on Monday a proposal from Chinese state refiner Sinopec to build a $4.5-billion-dollar refinery, the South Asian island nation's energy minister said on Saturday. Sri Lanka, trying to recover from its worst economic crisis in more than 70 years, is hungry for new investment and local fuel supplies. The investment will add to Sinopec's recently started fuel retailing business, the third international company with a foothold in Sri Lanka, with a license to operates 150 petrol stations. Sinopec's fuel oil division, which runs the retail business there, began in 2019 supplying marine bunker fuel at Hambantota, another Sinopec official said. Sri Lanka's refinery at Sapugaskanda, commissioned in 1969, can process 38,000 barrels of oil a day.
Persons: Chris Helgren, Kanchana Wijesekera, Wijesekera, Vitol, Uditha Jayasinghe, Chen Aizhu, Krishn Kaushik, William Mallard Organizations: China Petroleum & Chemical Corporation, REUTERS, Rights, and Energy, Reuters, Sri, China Merchant Port Holdings, Initiative, China Merchants, Thomson Locations: Vancouver , British Columbia, Canada, Sri Lanka, China's, Saudi Arabia, Russia, China, Colombo, Sinopec, Hambantota, Europe, Asia, Lanka's, Sapugaskanda
Air quality during 2023 Cricket World Cup matchesChart categorises the 2023 cricket World Cup matches held in 10 Indian cities by the air quality observed during the matches they hosted. Twenty matches were held in ‘unhealthy’ air quality, 11 in air that was ‘unhealthy for sensitive groups’, 12 in ‘moderate’ air quality and only two in ‘good’ air quality. Average 24-hour PM 2.5 levels on all cricket World Cup match days between 1983 and 2019Chart shows average PM 2.5 concentration on match days at places that hosted a cricket World Cup match between 1983 and 2019. Of all the regions that have ever hosted a cricket World Cup match, the Indian subcontinent has seen the most polluted air. Map shows average annual PM 2.5 levels in 2019 across the world and locations that have ever hosted a cricket World Cup match.
Persons: Delhi’s Arun, Arun Jaitley, ITO, Chandika Hathurusinghe, Joe Root, Ben Stokes, Suranga Lakmal, Mohammad Shami vomited Organizations: Sri Lankan, teams, Arun, ITO, Labs Inc, . Environmental Protection Agency, Delhi, United States Environment Protection Agency, U.S . Environmental Protection Agency, World Health Organization, Indian, Matches, Daily, International Cricket Council, Endurance Locations: New Delhi, Delhi, Lahore, Pakistan, Australia, Netherlands, India, ITO, Sri Lanka, England, Indian, Mumbai, Bengaluru, Kolkata, Sri Lankan, U.S, Canberra, United States, China, Bangladesh
A U.S. foreign development agency announced on Wednesday it would lend $553 million to establish a deepwater shipping-container terminal at the Port of Colombo in Sri Lanka, expanding America’s effort to finance infrastructure around strategic parts of Asia. Adani will help develop the terminal with Sri Lankan partners. The money from the U.S. International Development Finance Corporation resembles the kind of big-ticket deals that China’s development banks have struck around the world over the past decade. Under its Belt and Road Initiative, central to the foreign policy of President Xi Jinping, China made loans to build up ties around Asia, including in Sri Lanka. The Development Finance Corporation was created during the Trump administration to bankroll international infrastructure projects, cooperating with the State Department to support U.S. foreign policy and curb Chinese influence.
Persons: Narendra Modi, Adani, Xi Jinping, Trump Organizations: Port, Adani, Sri, U.S . International Development Finance Corporation, Initiative, Development Finance Corporation, State Department Locations: Colombo, Sri Lanka, Asia, India, China, United States
Traffic moves past the logo of the Adani Group installed at a roundabout on the ring road in Ahmedabad, India, February 2, 2023. REUTERS/Amit Dave/File Photo Acquire Licensing RightsCOLOMBO, Nov 8 (Reuters) - The U.S. International Development Finance Corporation (DFC) said it will provide $553 million financing for a Colombo port terminal project, partly owned by India's Adani Group, advancing the first foray by an Indian company into the sector. Ports-to-edible oils Adani group, controlled by Indian billionaire Gautam Adani, holds a 51% stake in the west container terminal of the port, which also has a terminal run by China Merchants Port Holdings Co Ltd (0144.HK). India extended about $4 billion in swaps and credit lines to Sri Lanka last year, providing critical support to import fuel, medicine and fertiliser during the worst of the crisis. Sri Lankan conglomerate John Keells Holdings owns 34% of the WCT and the rest is held by the state-run Sri Lanka Ports Authority (SLPA).
Persons: Amit Dave, Gautam Adani, Scott Nathan, Uditha Jayasinghe, Kim Coghill Organizations: Adani, REUTERS, Rights, U.S . International Development Finance Corporation, India's Adani, China Merchants Port Holdings Co, HK, West, John Keells Holdings, WCT, Sri Lanka Ports Authority, Thomson Locations: Ahmedabad, India, Colombo, Indian, Sri Lanka, China, Sri
NEW DELHI (AP) — A toxic blanket of grey smog hangs over New Delhi’s monuments and high-rises. Authorities are struggling to rein in severe air pollution levels, an annual and chronic health crisis that disrupts the lives of over 20 million in the city every year. On Tuesday, the air quality index veered close to the 400 mark for tiny particulate matter, a level considered hazardous and more than 10 times the global safety threshold, according to SAFAR, India’s main environmental monitoring agency. The severe air pollution crisis affects every resident in the city, but the millions who work outdoors are even more vulnerable. "If I had had employment back home, I wouldn’t have come to Delhi to work.”
Persons: SAFAR, , Srinivas Rao, Gulshan Kumar Organizations: DELHI, Authorities, Sri, Arun, Indian, Meteorology, Living Sciences Locations: Andhra Pradesh, India, New Delhi, Bangladesh, Pune . New Delhi, Bihar, , Delhi
REUTERS/Altaf Hussain/File Photo Acquire Licensing RightsNEW DELHI, Nov 5 (Reuters) - Asthmatic Bangladesh cricketers remained indoors while Sri Lankan players wore masks as poor air quality in smog-shrouded New Delhi remained the talking point ahead of Monday's World Cup clash between the two nations. "Our doctor is keeping a close eye on the players," Hathurusinghe told reporters on Sunday. "Some of the players didn't turn up for practice as they are asthmatic, so they stayed indoors. "Team selection won't depend on air quality. Most of the Sri Lankan players wore masks when they arrived at the Arun Jaitley Stadium in the afternoon.
Persons: Altaf Hussain, Chandika Hathurusinghe, Hathurusinghe, Skipper Kusal Mendis, Mendis, they've, Amlan Chakraborty, David Goodman, Pritha Organizations: REUTERS, Asthmatic, Sri, Bangladesh, Indian, International Cricket Council, ICC, Arun, Thomson Locations: New Delhi, India, DELHI, Asthmatic Bangladesh, Sri Lankan, Delhi, Sri Lanka
JERUSALEM (Reuters) - More than half the estimated 220 hostages held by Palestinian group Hamas have foreign passports from 25 different countries, including 54 Thai nationals, the Israeli government said on Wednesday. Israel said 138 of the hostages had foreign passports, including 15 Argentinians, 12 Germans, 12 Americans, six French and six Russians. Many were believed to have had dual Israeli nationality, however some, like the Thais and five Nepalese hostages, almost certainly did not. Thais also made up the largest single group of foreign dead and missing, with 24 confirmed killed and 21 unaccounted for. Five Chinese citizens were killed and one was missing, while Nepal had five killed and five missing.
Persons: Israel, Thais, Crispian Balmer, Rod Nickel Organizations: Hamas Locations: JERUSALEM, Palestinian, Israel, Sri Lankan, Tanzania, Philippines, Thailand, United States, Ukraine, France, Russia, Nepal
China's Xi offers to help Sri Lanka; buy more of its exports
  + stars: | 2023-10-20 | by ( ) www.reuters.com   time to read: +1 min
REUTERS/Edgar Su/File Photo Acquire Licensing RightsBEIJING, Oct 20 (Reuters) - China is willing to offer assistance to Sri Lanka without political conditions and buy more of its exports, President Xi Jinping told his Sri Lankan counterpart on Friday in Beijing, state media said. Wickremesinghe was in the Chinese capital for the Belt and Road Forum that ended on Wednesday as well as talks on restructuring debt. "China is willing to continue to provide assistance to Sri Lanka without attaching political conditions, to help it cope with the difficulties it faces," Xi added. Last May Sri Lanka defaulted on its foreign debt as dollar reserves fell to a point where it was unable to pay for essential imports such as fuel and medicine. "China is willing to expand the import of Sri Lanka's ... products and will encourage Chinese enterprises to invest," Xi said.
Persons: Xi Jinping, Edgar Su, Xi, Ranil Wickremesinghe, Wickremesinghe, Lanka, Joe Cash, Clarence Fernandez Organizations: Initiative, of, People, REUTERS, Rights, Sri, Export, Import Bank of China, Forum, Thomson Locations: Beijing, Rights BEIJING, China, Sri Lanka, Colombo, Hambantota, Sri Lanka's
Australia relieved as captain Cummins finds form
  + stars: | 2023-10-17 | by ( ) www.reuters.com   time to read: +3 min
The very idea of Cummins being on the chopping block was mystifying to legspinner Zampa, who was adamant there was no heat coming from within the team. The win lifted Australia off the bottom of the World Cup standings before they take on Pakistan, who lie fourth, in Bengaluru on Friday. Zampa said the mood had been "flat" in the changing room after the first two losses but things could change quickly. "It's a World Cup, so get on a roll. Reporting by Ian Ransom in Melbourne; Editing by Peter RutherfordOur Standards: The Thomson Reuters Trust Principles.
Persons: Pat Cummins, Spinner Adam Zampa, Cummins, Pathum Nissanka, Kusal Perera, David Warner, Perera, Wellalage, Michael Clarke, legspinner Zampa, Zampa, what's, Travis, Mitchell Marsh, Ian Ransom, Peter Rutherford Organizations: South, Cummins, Sri, Australia, Pakistan, Thomson Locations: Sri Lanka, India, South Africa, Australia, Pakistan, Bengaluru, Sri, Bangalore, Melbourne
BEIJING (AP) — China's Belt and Road Initiative looks to become smaller and greener after a decade of big projects that boosted trade but left big debts and raised environmental concerns. Called “One Belt, One Road” in Chinese, the Belt and Road Initiative started as a program for Chinese companies to build transportation, energy and other infrastructure overseas funded by Chinese development bank loans. China became a major financer of development projects under BRI, on par with the World Bank. Chinese development banks provided money for the BRI projects as loans, and some governments have been unable to pay them back. Now, having learned the hard way through defaults, China development banks are pulling back.
Persons: Xi Jinping's, Xi, , Alessia Amighini, Kevin Gallagher, Sri Lanka, Christoph Nedopil, Nedopil, Colleen Barry Organizations: BEIJING, Initiative, Silk, Italy, World Bank, Boston University Global Development Policy Center, U.S, Export, Import Bank of, Asia Institute, Griffith University, Associated Press Locations: Beijing, Africa, Asia, Latin America, China, Europe, Kazakhstan, Indonesia, Kenya, Laos, Pakistan, Italy, “ Italy, Sri Lankan, Zambia, Sri, Import Bank of China, Australia, BRI, Hungary, Milan
"He was asking me the secret behind my big sixes, and if it had anything to do with the bat I use," Rohit told Pandya. The elegant right-hander overtook West Indian Chris Gayle's record of 553 sixes in international cricket heading into the match against Pakistan. After Saturday's match, Rohit also became only the third batter - after Gayle and Pakistan's Shahid Afridi - to smash 300 sixes in one-day internationals. "I have been trying to bat like this in the last two years," Rohit said of his batting approach in the World Cup. His 11 sixes from three matches in the ongoing World Cup is second only to Sri Lankan Kusal Mendis' 14 from two matches.
Persons: Narendra Modi, India's Rohit Sharma, Pakistan's Iftikhar Ahmed, Shaheen Afridi, Francis Mascarenhas, Marais Erasmus, Rohit Sharma's, Hardik Pandya, Rohit, Erasmus, Pandya, Chris Gayle's, Gayle, Pakistan's Shahid Afridi, Mendis, Dinesh Karthik, Rohit Sharma, there's, Karthik, Amlan Chakraborty, Muralikumar Organizations: Cricket, ICC Cricket, Shaheen Afridi REUTERS, Rights, Pakistan, Narendra, West, Sri, Sky Sports, Thomson Locations: India, Pakistan, Ahmedabad, Rights AHMEDABAD, Sri Lanka, Sri Lankan, Bangladesh, Pune
REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsCOLOMBO, Oct 13 (Reuters) - Sri Lankan President Ranil Wickremesinghe will visit China next week as the crisis-hit country makes progress on debt restructuring talks with its biggest lender, a source in his office told Reuters on Friday. The Sri Lankan leader could also meet China's finance and foreign ministers, the source added. The president's media office and Sri Lankan foreign ministry did not immediately respond to requests for comment. Sri Lanka owes Chinese lenders - bilateral and commercial - around $7 billion. Sri Lanka needs to reach agreements with creditors to push forward its first review of the IMF programme, which will release a second tranche of about $334 million.
Persons: Ranil Wickremesinghe, Brendan McDermid, Wickremesinghe, Xi Jinping, Xi, Uditha Jayasinghe, Simon Cameron, Moore Organizations: Sri, General Assembly, REUTERS, Rights, Monetary Fund, Forum, China's, Export, Import Bank of China, IMF, Thomson Locations: New York City, U.S, Sri, China, Beijing, Lankan, Sri Lanka, Japan, India
A general view of the main business district as rain clouds gather above in Colombo, Sri Lanka, November 17, 2020. Peter Breuer told Reuters on the sidelines of the World Bank IMF annual meetings in Marrakech that talks between Sri Lanka and all its creditors were ongoing. "We will need to assess the entire package of agreements in its totality to assess consistency with IMF debt targets," Breuer said. Sri Lanka, mired in its worst economic crisis in 70 years, is in debt restructuring talks with a range of creditors, including China, its largest single creditor. Sri Lanka owed Exim $4.1 billion, or 11% of it foreign currency debt, at the end of 2022.
Persons: Dinuka, Peter Breuer, Breuer, Ranjith Siyambalapitiya, Jamie Fallon, Rosario, Libby George, Karin Strohecker, John Stonestreet, Nick Macfie Organizations: REUTERS, Rights, Monetary Fund, Sri, Reuters, World Bank IMF, Export, Import Bank of, Paris Club, Tellimer Research, Thomson Locations: Colombo, Sri Lanka, Rights MARRAKECH, China, Marrakech, Import Bank of China, Japan, India, France
Developing countries facing a debt crunch
  + stars: | 2023-10-04 | by ( ) www.reuters.com   time to read: +6 min
EGYPTNorth Africa's largest economy needs to repay some $100 billion of hard-currency debt over the next five years. Egypt has a $3 billion IMF programme and has devalued the pound by roughly 50% since February 2022. Its progress in restructuring both domestic debt and $30 billion in external debt has been fairly swift and it secured a $3 billion IMF bailout in May. The next tranche of a $2.9 billion IMF bailout package could be delayed over a potential government revenue shortfall. A repair plan finally appeared imminent after Zambia clinched a $6.3 billion debt rework deal with the Paris Club creditor nations and China, its other big bilateral lender, in June.
Persons: Moody's, William Ruto's, Kais Saied, Libby George, Shri Navaratnam Organizations: World Bank, African Development Bank, IMF, UAE, SRI, SRI LANKA Sri, European Union, Zambia, Paris Club, Sri, Thomson Locations: Marrakech, EGYPT, Cairo, Egypt, ETHIOPIA, Ethiopia, China, GHANA Ghana, Accra, KENYA, Kenya, LEBANON Lebanon, PAKISTAN Pakistan, Saudi Arabia, SRI LANKA, SRI LANKA Sri Lanka, TUNISIA, Tunisia, UKRAINE Ukraine, Ukraine, United States, ZAMBIA, Zambia
The Great Zelle Pool Scam
  + stars: | 2023-10-01 | by ( Devin Friedman | ) www.businessinsider.com   time to read: +38 min
When I asked Chase to discuss Zelle fraud, I received an email saying, "Unfortunately, we don't have anyone available for an interview." The way the email messages from Gary were subliterate in a completely different way from the way a classic Gary email is subliterate. When Gary Kruglitz told us to Zelle him, he didn't really tell us to Zelle him. Out of all the kinds of money, money to build a pool is probably the very best kind of money for the world to suffer the loss of. It's possible that the government will eventually be moved to safeguard consumers against Zelle fraud.
Persons: Madison Ketcham, Gary Kruglitz, Gary, couldn't, he'll, Gary —, , Cheryl, Sheryl, Sheryl —, we'd, Jeff Allen's, didn't, Jeff, Krystal, we'll, He'd, you've, Karen, I'm, she'd, Yellllow, Zelle, Chase, Sen, Elizabeth Warren, there's, That's, It's, Jesus, who'd, Donald Trump, Gary Kruglitzes, Cheryls —, Yasmine48, Nixon, Evan Kohlmann, cybercrime, we've, I've, Kohlmann, Guess, Let's, that's, Elizabeth Warren's, it's, they're, Warren's, Warren, I'd, they'd, blinked Organizations: Boston Pops, The New York Times, New York Times, Chase, Bank of America, PNC, US Bank, PayPal, Disney, NBC, Warner Bros, Netflix, JPMorgan Chase, Bank —, of, Professionals, Justice Department, Northeast . Contractors, Cloudburst Technologies, Facebook, FBI, Mafia, Massachusetts State Police, Monterey Police Department, Police Locations: Massachusetts, Lyme, Tennessee, Wells Fargo, Truist, Silicon Valley, Amsterdam, Northeast, what's, Paxful, Estonia, Korea, Monterey , Massachusetts, Monterey
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