Browsing Tag

Inflation

Sri Lanka repays debtors as citizens go hungry

Sri Lanka supermarket shelves are bare and restaurants are unable to serve full meals due to acute food shortages and high inflation. Families, like that of travel agent Banduka Karunaratne in Colombo, are eating two meals a day, if at…

Asian markets bounce back from omicron sell-offs

BANGKOK Asian shares were mostly higher on Tuesday after a worldwide slump for financial markets spurred by worries about how badly the omicron variant, inflation and other forces will hit the world economy. Tokyo gained nearly 2% and…