Colombo avoids a debt default, but it’s fast running out of money to pay for imports. Will the IMF provide a bailout?
Counting the Cost
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A weekly look at the world’s top business and economics stories. Watch Counting the Cost every Friday 2230GMT
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Space tourism will be worth $8bn by 2030, but that’s a fraction of today’s $350bn space industry.
The conflict in the north has cost $2.5bn, the dollar has sunk and international investors are staying away.
El Salvador does not have its own currency, making financing growth difficult as debts soar to 90 percent of GDP.
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From mishandling the pandemic to its overreliance on commodities, leaders are being challenged by parties on the left.
As the government fails to expand the economy to accommodate its growing population, youth unemployment has soared.
China is struggling to encourage couples to have more children, risking its long-term economic prospects.
Women’s jobs are 1.8 times more vulnerable to this crisis. The global economy could suffer trillions in lost output.
Washington has little to show for the billions spent on reconstruction, but the consequences for Kabul are far greater.
Despite vaccine diplomacy and hopes it would rise to become a bulwark to China, India mishandled the crisis at home.
Beijing’s internment of ethnic minorities in Xinjiang has Western companies scrambling to unwind supply chains.
As Biden’s $4 trillion economic growth plan faces political obstacles, prices and wages are already on the rise.
Time is running out for oil producing nations to reset their economies as the world transitions to green technology.
As China contests islands from Japan to Malaysia, it has deployed its ‘maritime militia’ across the South China Sea.