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Pressure mounts on Sri Lanka leader to quit as crisis grows

The Cheap InvestorApril 9, 2022April 10, 20220

COLOMBO, Sri Lanka (AP) — Thousands of Sri Lankans rallied in the country’s main business district and Christian clergy marched…

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S&P downgrade indicates Russia headed for historic default

The Cheap InvestorApril 9, 2022April 12, 20220

BOSTON (AP) — The credit ratings agency Standard & Poor’s has downgraded its assessment of Russia’s ability to repay foreign…

Russia Calls For Integrating BRICS Payment Systems
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  • Reuters

Russia Calls For Integrating BRICS Payment Systems

The Cheap InvestorApril 9, 20220

(Reuters) – Russia, hit by Western sanctions, has called on the BRICS group of emerging economies to extend the use…

Exclusive-Sri Lanka To Seek $3 Billion To Stave Off Crisis -finance Minister
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  • Reuters

Exclusive-Sri Lanka To Seek $3 Billion To Stave Off Crisis -finance Minister

The Cheap InvestorApril 9, 20220

By Devjyot Ghoshal and Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka will need about $3 billion in external assistance in the…

Saxo Bank Terminates Russian, Belarussian Clients Following Sanctions
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  • Reuters

Saxo Bank Terminates Russian, Belarussian Clients Following Sanctions

The Cheap InvestorApril 9, 20220

COPENHAGEN (Reuters) – Danish investment bank Saxo Bank said on Saturday it had terminated clients from Russia and Belarus in…

Explainer-Clock Ticks Down Towards A Russian Default
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  • Reuters

Explainer-Clock Ticks Down Towards A Russian Default

The Cheap InvestorApril 9, 20220

LONDON (Reuters) – Russia faces its first sovereign external default in over a century after it made arrangements to make…

YouTube Blocks Russian Parliament Channel, Drawing Ire From Officials
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  • Reuters

YouTube Blocks Russian Parliament Channel, Drawing Ire From Officials

The Cheap InvestorApril 9, 20220

(Reuters) -YouTube has blocked Duma TV which broadcasts from Russia’s lower house of parliament, drawing an angry response from officials…

Generali Shareholders Urged To Back CEO Reappointment - Documents
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Generali Shareholders Urged To Back CEO Reappointment – Documents

The Cheap InvestorApril 9, 20220

MILAN (Reuters) -Leading investor advisers have recommended shareholders at Generali back the proposal by the Italian insurer’s outgoing board to…

Vietnam's VinFast Seeks US Government Loans For Expansion
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Vietnam’s VinFast Seeks US Government Loans For Expansion

The Cheap InvestorApril 9, 20220

(Reuters) -The chairman of Vietnam’s Vingroup conglomerate said on Saturday that the company’s auto unit, VinFast, would seek financing from…

Exclusive-Sri Lanka Seeking $3 Billion In Months To Stave Off Crisis - Finance Minister
  • Headlines
  • Reuters

Exclusive-Sri Lanka Seeking $3 Billion In Months To Stave Off Crisis – Finance Minister

The Cheap InvestorApril 9, 20220

By Devjyot Ghoshal and Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka will need about $3 billion in external assistance within…

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