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Eight states will have constitutional amendments backed by Republican lawmakers on the November ballot designed to make clear that only American citizens can vote in elections in those states. But it’s already illegal for noncitizens to vote in elections in those states and at the federal level, and it rarely happens. Trump, the GOP presidential nominee, has long made false claims that noncitizens are voting in elections and that Democrats have helped them enter the country to cast those ballots. No state constitution in the U.S. allows noncitizens to vote. While Americans for Citizen Voting said it has no formal or informal relationship with the Trump campaign or the RNC, its chairman, Paul Jacob, said at a recent press conference that he hopes the ballot measures will help improve voter turnout.

Persons: it’s, stoke people’s, Donald Trump, ”, Jonathan Diaz, Mike Johnson, noncitizens, “, Sen, Julian Bradley, Bradley, Brad Overcash, ” Jack Tomczak, —, “ It’s, Brad Raffensperger, Diaz, Bree Grossi Wilde, Trump, ” Diaz, Grossi Wilde, Paul Jacob, ” Jacob Organizations: Republican, noncitizens, Trump, GOP, Republican National, D.C, United, Lawmakers, ”, ” Wisconsin Republican, Citizen, ” North, ” North Carolina Republican, stoke, Democracy Research, University of Wisconsin Law, RNC Locations: Idaho , Iowa , Kentucky , Missouri, North Carolina , Oklahoma, South Carolina, Wisconsin, U.S, Washington, Iowa , Missouri, Idaho, Kentucky, United States, ” Wisconsin, ” North Carolina, Georgia, North Carolina

The Republican Party platform, updated last month for the first time since 2016, appeared to shift away from the party’s long-held opposition to same-sex marriage. We will end policies that punish families.”Many took this to mean the party was softening its stance on gay nuptials in a nod to growing public support for same-sex marriage, even among Republicans. The Republican National Committee did not return multiple requests for comment regarding whether the language in the new platform is inclusive of same-sex couples. We must do what is legally necessary to defend the sanctity of marriage.”Weeks later, Bush announced his support for a constitutional amendment banning same-sex marriage. The phrase “sanctity of marriage,” Maril said, is “inherently exclusionary” of same-sex couples.

Persons: ”, Charles Moran, “, ” Moran, Donald Trump, Joe Raedle, Robin Maril, ” Maril, George W, Bush, ” Bush, ” Weeks, Gabriele Magni, Magni, ” Magni, Mladen Antonov, Moran, I’m, “ They’re Organizations: Republican Party, Republican National Committee, Republican, GOP, Republican National Convention, Willamette University, U.S . Conference of Catholic, Los Angeles Times, Loyola Marymount University, Research Initiative, “, U.S, Supreme, Getty, Federal, Republicans, NBC Locations: Milwaukee, Massachusetts, Alabama

☆ Alzheimer’s blood test catches 90% of early dementia cases, study finds
▼ + stars: | 2024-07-28 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +10 min

CNN —A combined blood test for cognitive decline has a 90% accuracy rate in determining whether memory loss is due to Alzheimer’s disease, a new study found. “The p-tau217 blood test is turning out to be the most specific for Alzheimer’s and the one with the most validity. “These are absolutely transformational times.”How does a p-tau217 blood test work? The results of the blood tests were then measured against patient diagnoses provided by Swedish primary care doctors and specialists. “There’s no one more bullish on these tests than I am, but Alzheimer’s blood tests aren’t fully definitive yet,” he said.

Persons: CNN —, Sebastian Palmqvist, ” Palmqvist, ”, Maria Carrillo, Carrillo, “ You’re, that’s, ” Carrillo, “, ” Tau tangles, Richard Isaacson, Oskar Hansson, ” Hansson, Hansson, Isaacson, ” Isaacson Organizations: CNN, Lund University, “, Alzheimer’s Association, International Conference Locations: Sweden, Alzheimer’s, Florida, United States, Philadelphia

☆ A 78-year-old doctor says he's reversed his age by 20 years. Here are the 4 diet principles he follows to stay young.
▼ + stars: | 2024-07-13 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAn expert in healthy aging who claims to have reversed his biological age by 20 years shared his diet principles with Business Insider. Dr. Michael Roizen, an anesthesiologist and the chief wellness officer at Cleveland Clinic, is 78 years old. (It's important to note there is no consensus on the definition of biological age or how to measure it.) Here are the diet principles Roizen follows.

Persons: —, Michael Roizen, Roizen, Valter Longo, He's, David Clancy, wasn't Organizations: Service, Business, Cleveland Clinic, US News, University of Alagoas, Longevity, gerontology, University of Southern California Longevity Institute, USC, Lancaster University, UK, BMI, BI Locations: Brazil

☆ Sam Bankman-Fried's mom asked him for $92,000 — to be delivered within a day. I can (sort of) relate.
▼ + stars: | 2024-07-05 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +2 min

My child lost a tooth right before bedtime, and the Tooth Fairy found herself completely out of cash (who carries cash now?!). So, in the dark of night, I snuck into my son's piggy bank, stole a crumpled $5 bill, and placed it under my sleeping angel's pillow. (A note for him when he's old enough to google his mom and comes across this: Son, let's talk about this.) AdvertisementThe Journal looked at emails that had previously not been reported where Joe Bankman and Barbara Fried discussed political donations. As a mother who has "borrowed" money from her own child's piggy bank, I can relate.

Persons: Sam Bankman, Joe Bankman, Barbara Fried, didn't, Nihad Singh, Sam, Fried Organizations: Business, The, Research, New Locations: New Virginia

☆ Why predicted gains for right-wing populists could make Europe vulnerable to attack
▼ + stars: | 2024-05-11 | by ( Luke Mcgee | ) edition.cnn.com time to read: +6 min

CNN —Right-wing populists are set to make unprecedented gains in the elections to the European Parliament taking place next month. Polling data suggests that far-right Members of the European Parliament (MEPs) could have enough seats to, together, block the passage of European Union legislation, creating a massive headache for the union as a whole. “For some countries, that is a six-month process, in others it can take two years,” a senior European Parliament source told CNN. Britain's Nigel Farage used his seat in the European Parliament to promote Brexit. It only becomes an issue if they are working with foreign powers to advance their agenda,” an EU security source told CNN.

Persons: Ursula von der Leyen, Yiannis Kourtoglou, Reuters “, ”, James Shires, you’ll, don’t, Britain's Nigel Farage, SEBASTIEN BOZON, it’s, — Organizations: CNN, Parliament, European, Reuters, “, Brexit, Getty, British, EU, Brussels Locations: Brussels, China, Russia, Strasbourg, AFP, Britain, Ukraine, EU, Europe

Washington CNN —President Joe Biden hosts Japanese Prime Minister Kishida Fumio for a state visit Wednesday, including a crucial Oval Office meeting, reinforcing his commitment to bolstering vital partnerships in the Indo-Pacific amid a militarily and economically resurgent China. Over 70 items covering a wide array of critical sectors are expected to be announced as part of the bilateral meeting between Biden and Kishida, according to senior administration officials. “The idea of switching to a multilateral, lattice-like strategic architecture is to flip the script and isolate China,” this person said. Cherry Blossom diplomacyEven as the leaders plan to announce the lengthy list of defense and diplomatic agreements during the course of their visit, senior administration officials also sought to highlight a more symbolic takeaway. A senior Biden administration official called the original gift of cherry trees from Japan one of the most important diplomatic gifts in US history – second only to the Statue of Liberty, a present from France.

Persons: Joe Biden, Kishida Fumio, Biden, Kishida, Jake Sullivan, ”, Cherry, “, Donald Trump Organizations: Washington CNN, Japanese, Carnegie Mellon University, Keio University, University of Washington, Washington State, Tsukuba University, US Steel, American, White, National Park Service, Biden, of, Japan Locations: China, Japan, Australia, Tokyo, Philippines, North Korea, Kishida, Ukraine, United States, Washington, France

☆ The relentless focus on White Christian nationalism is spreading a racist myth
▼ + stars: | 2024-02-03 | by ( John Blake | ) edition.cnn.com time to read: +15 min

That’s how critics have described White Christian nationalism, a deviant strain of religion that has infected the political mainstream. But there is another cost to the spread of White Christian nationalism that no one mentions. The relentless coverage of White Christian nationalism is spreading a racist myth: that Whiteness is the default setting for evangelical Christianity. In a February 2023 survey, nearly two-thirds of White evangelical Protestants qualified as sympathizers or adherents to Christian nationalism. However, he rejects the political beliefs associated with White Christian nationalism.

Persons: CNN — It’s, ”, Pastor Peter Lim, ” Lim, he’s, “ It’s, It’s, White, Carolyn Chen, Ella Sophie Bessette, you’re, “, Walter Kim, Tom Lin, William Barber II, Chen, Trump, John Minchillo, browning, — it’s, John C, Richards, Jr, Jim Crow, Mark Noll, ” Richards, “ I’m, John Onwuchekwa, Lyndon B, Johnson, Lady Bird Johnson, Hubert Humphrey, Edward Kennedy, Robert Kennedy, Onwuchekwa, ” Maria Antonetty, Tina Fineberg, don’t, Lim, William J, Barber, Oliver Contreras, We’re, John Blake Organizations: CNN, White, Christianity, of Atlanta, Berkeley Center, Republican, Princeton, Harvard, Stanford, UC Berkeley, Oral Roberts University, National Association of Evangelicals, InterVarsity, USA, Christian, MLK, Saint Mark Baptist Church, White Americans, Liberty, New, Southern Baptist Convention, Cornerstone Church, Primitive Christian, Washington Post, Asian Pacific American Religions Research Initiative Locations: America, White, American, Korean, Taiwanese, Asian, Africa, Silicon Valley, Taiwan, Korea, Mexico, Little Rock , Arkansas, Georgia, New York, New York City, Crete, Atlanta, Asia, Washington , DC

☆ Alan Garber is Harvard's interim president after Claudine Gay's resignation. Here's what we know about him.
▼ + stars: | 2024-01-03 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

Read previewFollowing Harvard President Claudine Gay's resignation Tuesday, the prestigious university announced its current provost will take on the role of interim president as the search begins for a new leader. Alan M. Garber, an economist and physician, has served as Harvard's provost and professor of economics, public policy, and healthcare policy for over 12 years. AdvertisementSince joining Harvard's faculty in 2011, Garber has been involved in Jewish clubs and events on campus, including Harvard Chabad and Hillel. Garber's interim stint as Harvard President comes after weeks of controversy surrounding the school's now-former president, Claudine Gay. "It is with a heavy heart but a deep love for Harvard that I write to share that I will be stepping down as president," Gay wrote in her resignation letter.

Persons: —, Claudine Gay's, Alan M, Garber, Alan Garber, Anne Yahanda, Brigham, Harvard Chabad, Hillel, I've, we've, Claudine Gay, Gay, Elizabeth Magill, Sally Kornbluth, Magill, Elise Stefanik, Bill Ackman Organizations: Service, Gay, Business, Harvard, Stanford, Boston's Harvard, Women's, Harvard Gazette, Hamas, Harvard Crimson, University, Harvard Corporation, Harvard Medical School, Harvard's, of Arts and Sciences, Harvard Kennedy School of Government, of Public Health, Stanford University, Department of Veterans Affairs, Health, System, Center for Health, Center for Primary Care, Research, of Pennsylvania, MIT, New York, Corporation Locations: Illinois, Chan

☆ Alibaba's research arm shuts quantum computing lab amid restructuring
▼ + stars: | 2023-11-27 | by ( Casey Hall | Thomson Reuters | Casey Has Reported On China'S Consumer Culture Her Base In Shanghai For More Than A Decade | ) www.reuters.com time to read: +1 min

Alibaba Group sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song/File Photo Acquire Licensing RightsSHANGHAI, Nov 27 (Reuters) - Chinese tech giant Alibaba (9988.HK) has cut a quantum computing laboratory and team from its research arm, donating both the lab and related experimental equipment to Zhejiang University, the company said on Monday. A spokesperson for Alibaba's DAMO Academy, Alibaba's in-house research initiative which included the lab, said the academy would continue to focus on technology research with the aim of being a leader in artificial intelligence (AI) research. The source said Zhejiang University would try and recruit the affected employees to work on its own quantum research. DAMO Academy was launched in 2017 by Alibaba Group to research advanced technologies such as AI and machine learning.

Persons: Aly, Eddie Wu, Casey Hall, Miral Organizations: Artificial Intelligence, REUTERS, Rights, HK, Zhejiang University, Alibaba's DAMO Academy, Alibaba's, Reuters, DAMO, Alibaba Group, Thomson Locations: Shanghai, China

☆ UK says new science initiative to work on climate-resilient crops
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +2 min

[1/6] British Prime Minister Rishi Sunak speaks during the opening session of the Global Food Security Summit at Lancaster House in London, Britian November 20, 2023. Dan Kitwood/Pool via REUTERS Acquire Licensing RightsLONDON, Nov 20 (Reuters) - British Prime Minister Rishi Sunak will announce a new science initiative to bring together work on developing climate-resilient crops as his government hosts a Global Food Security Summit in London on Monday. The summit, a joint initiative between Britain, Somalia, the UAE, the Children’s Investment Fund Foundation and the Bill and Melinda Gates Foundation, is due to be attended by representatives from more than 20 countries. "We must take action to address the underlying, and often unseen, causes of global food insecurity," Sunak said. ($1 = 0.8025 pounds)Reporting by Kylie MacLellan; Editing by David HolmesOur Standards: The Thomson Reuters Trust Principles.

Persons: Rishi Sunak, Dan Kitwood, Melinda Gates, Sunak, Kylie MacLellan, David Holmes Organizations: British, Global Food Security, Lancaster House, Britian, REUTERS Acquire, Food Security, Children’s Investment Fund Foundation, Melinda Gates Foundation, Thomson Locations: London, Britain, Somalia, UAE, Ukraine, British, Ethiopia, Sudan, South Sudan, Afghanistan, Malawi

☆ UK Says New Science Initiative to Work on Climate-Resilient Crops
▼ + stars: | 2023-11-19 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +2 min

LONDON (Reuters) - British Prime Minister Rishi Sunak will announce a new science initiative to bring together work on developing climate-resilient crops as his government hosts a Global Food Security Summit in London on Monday. The summit, a joint initiative between Britain, Somalia, the UAE, the Children’s Investment Fund Foundation and the Bill and Melinda Gates Foundation, is due to be attended by representatives from more than 20 countries. "We must take action to address the underlying, and often unseen, causes of global food insecurity," Sunak said. Priorities will include mobilising international finance and harnessing innovation, Britain's Foreign Office said. ($1 = 0.8025 pounds)(Reporting by Kylie MacLellan; Editing by David Holmes)

Persons: Rishi Sunak, Melinda Gates, Sunak, Kylie MacLellan, David Holmes Organizations: British, Food Security, Children’s Investment Fund Foundation, Melinda Gates Foundation Locations: London, Britain, Somalia, UAE, Ukraine, British, Ethiopia, Sudan, South Sudan, Afghanistan, Malawi

Boston University said Tuesday that its initial inquiry into the antiracist research center run by best-selling author and academic Ibram X. Kendi found no issues with how it managed its finances. The university launched the inquiry into the financials of the BU Center for Antiracist Research, or CAR, in September, after acknowledging the organization was laying off about half of its staff and changing its operating model. The center has raised more than $50 million, with $30 million of that put into an endowment, the university said. The university's inquiry will continue, now focusing on the center's management of grants from outside funders, including the extent to which it complied with required reporting. The university's inquiry and finding announced Tuesday aimed to address those questions, though the university declined a request to share the audit.

Persons: Kendi, Gary Nicksa, ”, George Floyd, ” Kendi, Korn, “ I’ve, Earl Lewis, Andrew W, Lewis, “, ’ ” Lewis Organizations: Boston University, BU Center, Antiracist Research, Associated Press, BU, Mellon Foundation, University of Michigan Center for Social Solutions, Associated, Lilly Endowment Inc, AP Locations: Minneapolis, “

☆ Harvard posts investment gain in fiscal 2023, endowment stands at $50.7 billion
▼ + stars: | 2023-10-20 | by ( ) www.reuters.com time to read: +2 min

BOSTON, Oct 19 (Reuters) - Harvard University's endowment fund, the world's largest university endowment, posted a small investment gain that bested several other top U.S. universities' returns but saw the value of the fund shrink as more was paid to university operations. Harvard Management Co said on Thursday that it earned a 2.9% return in the fiscal year that ended June 30, leaving the total endowment at $50.7 billion. A year earlier it lost 1.8% amid tumbling markets but the endowment ended at $50.9 billion. Returns from these schools are watched closely because they pioneered putting money into hedge and private equity funds. Rival Yale University returned 1.8% while the University of Pennsylvania returned 1.3%.

Persons: N.P, Narvekar, Svea Herbst, Bayliss, Diane Craft Organizations: BOSTON, Harvard, Harvard Management, Harvard Management's, Private, Rival Yale University, University of Pennsylvania, Massachusetts Institute of Technology, Columbia University, Stanford, Svea, Thomson

Scientists are setting out to collect genetic material from 500,000 people of African ancestry to create what they believe will be the world’s largest database of genomic information from the population. The initiative was launched Wednesday by Meharry Medical College in Nashville, Tennessee, as well as Regeneron Genetics Center, AstraZeneca, Novo Nordisk and Roche. Organizers said there’s a clear need for the project, pointing to research showing that less than 2% of genetic information being studied today comes from people of African ancestry. Each of the pharmaceutical companies involved intends to contribute $20 million toward the genetic and educational parts of the effort. ___The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Science and Educational Media Group.

Persons: Meharry, ”, Anil Shanker, Lyndon Mitnaul Organizations: Meharry Medical College, Genetics Center, AstraZeneca, Novo Nordisk, Roche, Genomics Institute, Organizers, Regeneron Genetics, University of Zambia, Project, Genetics, Corporate, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Nashville , Tennessee, Americas, Asia, Europe, Nashville, U.S, Africa, Meharry

☆ Amazon employees slam its Clubhouse-competing app in internal meeting following abrupt leadership change: 'This place is becoming a circus'
▼ + stars: | 2023-09-21 | by ( Eugene Kim | Katherine Long | ) www.businessinsider.com time to read: +5 min

A sudden leadership change at Amazon's Amp live radio division this week has drawn a rancorous response and trenchant questions from employees, reflecting the mounting hostility within the failing business. Shortly after the announcement, employees submitted a long list of questions for leadership at an internal town hall meeting scheduled for Wednesday. 'Failing to lead Amp to success'Many questions submitted by employees asked about the general direction of the Amp business. Another person noted the Amp team has missed some of its key performance goals, such as monthly active users. Employees expressed a strong distrust of the leadership team, too.

Persons: Matt Sandler, John Ciancutti, Alok Verma, didn't, Nicki Minaj, Sandler, John, Eugene Kim, Katherine Long Organizations: Amazon, Amazon Music's, Amazon Care, Employees

☆ AI-Driven Cataclysm Could Rock the Job Market: Top Economist
▼ + stars: | 2023-09-18 | by ( Aki Ito | ) www.businessinsider.com time to read: +33 min

Over the course of three conversations this summer, Acemoglu told me he's worried we're currently hurtling down a road that will end in catastrophe. "There's a fair likelihood that if we don't do a course correction, we're going to have a truly two-tier system," Acemoglu told me. "I was following the canon of economic models, and in all of these models, technological change is the main mover of GDP per capita and wages," Acemoglu told me. In later empirical work, Acemoglu and Restrepo showed that that was exactly what had happened. "I realize this is a very, very tall order," Acemoglu told me.

Persons: who's, Katya Klinova, Daron Acemoglu, Simon Johnson, Acemoglu, Johnson, we've, he's, we're, Power, James Robinson, —, Robinson, David Autor, Pascual Restrepo, Restrepo, John Maynard Keynes, Simon Simard, Lord Byron, Eric Van Den Brulle, hasn't, it's, Gita Gopinath, Paul Romer, Romer, What's, Daron, GPT, Asu Ozdaglar, It's, Mark Madeo, Tattong, Erik Brynjolfsson, Brynjolfsson, There's, Yoshua Bengio, Yuval Noah Harari, Andrew Yang, Elon Musk, I've, That's, Aki Ito Organizations: Getty, MIT, of Technology, Hulton, London School of Economics, Stagecoach, Technology, —, International Monetary Fund, Microsoft, Asu, Companies, Computer, Greenpeace, Communications, Big Tech, Workers Locations: Silicon Valley, America, Boston, Istanbul, Turkey, Acemoglu, England, United States, Britain, Australia

☆ Factbox: Horizon project: Which EU science schemes has Britain joined?
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +2 min

Daniel Leal/Pool via REUTERS/File Photo Acquire Licensing RightsLONDON, Sept 7 (Reuters) - Britain on Thursday said it would join the European Union's flagship Horizon science research programme and its Copernicus earth observation programme, but not the Euratom nuclear research initiative. HORIZON EUROPEHorizon Europe is the EU's key funding programme for scientific research and innovation with a budget of 95.5 billion euros ($102.3 billion). It has five main missions: Adapting to climate change, making climate neutral cities, combating cancer, and restoring oceans and soil. COPERNICUSCopernicus, previously known as GMES (Global Monitoring for Environment and Security), is the Earth observation component of the EU'S Space programme. EURATOMThe EU describes the Euratom Research and Training programme as a "complementary funding programme to Horizon Europe" covering nuclear research and innovation, using the same instruments and participation rules.

Persons: Rishi Sunak, Daniel Leal, COPERNICUS Copernicus, Nicolaus Copernicus, Euratom, Alistair Smout, John Stonestreet Organizations: Britain's, Kent Scientific Services, European Union's, Environment, Security, EU, Research, Thomson Locations: West Malling, Kent, Britain, European, Europe

☆ Scientists propose long Covid definition based on key symptoms in large study
▼ + stars: | 2023-05-25 | by ( Spencer Kimball | ) www.cnbc.com time to read: +4 min

South_agency | E+ | Getty ImagesScientists funded by the federal government have proposed a definition of long Covid based on symptoms identified in a large study published Thursday in the Journal of the American Medical Association. The scientists assigned points based on how much each symptom distinguished participants with long Covid from those who did not catch the virus. There are no tests that can diagnose long Covid based on markers in the blood. Scientists participating in RECOVER are trying to understand the underlying biology that causes long Covid, which could potentially lead to such tests in the future. Horwitz said the proposed definition could help create a rubric to diagnose patients with long Covid in a manner similar to Lupus.

☆ Planning a solo trip to Seoul? Here are some places that cater to singles in Seoul
▼ + stars: | 2023-04-30 | by ( Monica Pitrelli | ) www.cnbc.com time to read: +6 min

Source: Morgan AwyongOrders are placed and paid for with tablets. In her videos, she recommends solo travelers try restaurants such as Labap for fine dining, or Gimbap Cheongu and Pomato for their wide variety of Korean food. Earlier this year, South Korea announced a new visa for digital nomads is in the pipeline. Some residential buildings allow short-term lodging, which solo travelers can book. Source: Morgan Awyong

☆ Op-ed: Crypto and blockchain need a trellis, not just a weed killer, says Scaramucci
▼ + stars: | 2023-03-21 | by ( Anthony Scaramucci | ) www.cnbc.com time to read: +4 min

You might not know this, but Goldilocks and the Three Bears is actually a story about the debate currently surrounding regulation of the blockchain and crypto industries. The agency nearly doubled the size of its crypto assets enforcement unit last May. Many in the crypto industry want this "regulation by enforcement" to stop. It's as much of a trellis for good plants as it is a weed killer. Scaramucci is the founder and managing partner of SkyBridge Capital, an alternative asset manager and SEC-registered investment adviser.

[1/2] Sri Lankan rupees are seen in a bowl at a vegetable vendor's shop amid the rampant food inflation, amid Sri Lanka's economic crisis, in Colombo, Sri Lanka, July 29 , 2022. China has extended its "firm support to Sri Lanka through a debt treatment", EXIM Bank wrote in the letter to the Sri Lankan government on March 6. "Meanwhile, we would like to expedite the negotiation process with your side regarding medium- and long-term debt treatment in this window period, with a view to finalising the specifics of a debt treatment in the coming months. We will make our best efforts to contribute to the debt sustainability of Sri Lanka." By end-2020, Sri Lanka owed EXIM $2.83 billion, or 3.5% of its external debt, according to IMF data.

It was not clear what new support China, the world's biggest sovereign creditor, had extended to Sri Lanka on Monday. By end-2020, Sri Lanka owed the Export-Import Bank of China $2.83 billion or 3.5% of the island's external debt, according to IMF data. Sri Lanka needs to repay about $6 billion on average each year until 2029 and will have to keep engaging with the IMF, Wickremesinghe said. Countries in debt distress such as Zambia and Sri Lanka have faced unprecedented delays in securing IMF bailouts as China and Western economies have clashed over how to provide debt relief. Sri Lanka has been waiting for about 187 days to finalise a bailout after reaching a staff-level deal with the IMF.

☆ Sri Lanka expects approval of $2.9 billion IMF deal after China support
▼ + stars: | 2023-03-07 | by ( Uditha Jayasinghe | ) www.reuters.com time to read: +4 min

"Sri Lanka has completed all prior actions that were required by the IMF," Wickremesinghe said. It was not clear what new support China, the world's biggest sovereign creditor, extended to Sri Lanka on Monday. By end-2020, Sri Lanka owed the Export-Import Bank of China $2.83 billion or 3.5% of the island's external debt, according to IMF data. Sri Lanka needs to repay about $6 billion on average each year until 2029 and will have to keep engaging with the IMF, Wickremesinghe said. Sri Lanka has been waiting for about 187 days to finalise a bailout after reaching a staff-level deal with the IMF.

☆ With China's support, Sri Lanka expects nod for $2.9 bln IMF deal
▼ + stars: | 2023-03-07 | by ( Uditha Jayasinghe | ) www.reuters.com time to read: +4 min

"Sri Lanka has completed all prior actions that were required by the IMF," Wickremesinghe said. It was not clear what new support China, the world's biggest sovereign creditor, extended to Sri Lanka on Monday. By end-2020, Sri Lanka owed the China EximBank $2.83 billion or 3.5% of the island's external debt, according to IMF data. Sri Lanka needs to repay about $6 billion on average each year until 2029 and will have to keep engaging with the IMF, Wickremesinghe added. Sri Lanka has been waiting for about 187 days to finalise a bailout after reaching a staff-level deal with the IMF.

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