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Sri Lanka’s President flees the country after airport mishap

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Sri Lanka’s president Gotabaya Rajapaksa has fled the country, following mass protests over the island’s economic crisis

The President had been in hiding since crowds stormed his palace on Saturday.

Earlier, Gotabaya Rajapaksa was blocked from departing Sri Lanka after refusing to join a public queue at the Bandaranaike International Airport in order to have his passport checked by immigration.

His brother, the former Finance Minister, has also left the crisis-hit country.

Rajapaksa is due to formally leave office on Wednesday, after being forced to resign in the wake of months-long protests over the nation’s crippling economic crisis.

Protesters had demanded the president and his prime minister go over the island’s worsening economic crisis.

President Gotabaya Rajapaksa’s younger brother was at first prevented from leaving the country but is now said to be heading to the US.

Sri Lanka defaults

Sri Lanka has defaulted on its debt for the first time in its history.

It comes after a 30-day grace period expired on Wednesday. The nation was forced to come up with 78 million dollars of unpaid debt interest payments.

Sri Lanka is struggling with its worst financial crisis in more than 70 years.

A debt default happens when governments are unable to meet some or all of their debt payments to creditors.

It can damage a country’s reputation with investors, and makes it harder to borrow the money it needs on international markets.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Markets brace for pivotal week following renewed US-China trade talks

Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.

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Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.


Global markets prepare for a critical week as US–China trade talks, major earnings, and inflation data could shift investor sentiment and central bank expectations.

Kyle Rodda from Capital.com breaks down the key risks and opportunities.

#GlobalMarkets #USChinaTrade #Inflation #EarningsSeason #Investing #FederalReserve #AUD #Tesla #Netflix #MarketUpdate


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Global markets steady ahead of CPI

Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.

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Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.


Global equities remain resilient, with Wall Street, Europe, and Asia near record highs as investors eye Friday’s US CPI data to gauge central bank moves.

Market watchers note cautious optimism amid ongoing volatility.

#GlobalMarkets #CPI #WallStreet #Equities #Investing #CentralBanks #RBA #Fed #USMarkets #MarketUpdate


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US sanctions Russia’s top oil giants

US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.

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US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.


The US has imposed new sanctions on Rosneft and Lukoil, aligning with Europe to pressure Moscow amid rising oil prices and global market tensions.

Analysts warn the real impact will hinge on enforcement and international response.

#Russia #USSanctions #Rosneft #Lukoil #OilMarkets #Geopolitics #EnergyCrisis #DonaldTrump #EU #GlobalTrade #Moscow


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