IMF approves third review of Sri Lanka’s $2.9bn bailout, but warns of risks | Business and Economy News

Global lender says it will release about $333m to crisis-hit nation as signs of economic recovery emerge. The International Monetary Fund (IMF) has approved the third review of Sri Lanka’s $2.9bn bailout but warned that the South Asian island nation’s economy remains vulnerable. The global lender said on Saturday that it would release about $333m, … Read more

Bitcoin Is Doing Something It Has Never Done Before, and It May Lead to Big Gains

In 2021, the first Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) hit the U.S. market. Following the launch, Morningstar analyst Ben Johnson told investors in no uncertain terms, “These aren’t the Bitcoin ETFs you’re looking for.” That’s because the first generation of Bitcoin ETFs buy and sell futures contracts, rather than investing in the cryptocurrency itself. … Read more

How will other countries respond to Trump’s tariffs? By Investing.com

Investing.com — The imposition of tariffs under a potential second Trump administration is expected to prompt a response from affected nations that mirrors the measured retaliation strategies observed during his first term.  Analysts at Capital Economics suggest that while countries are likely to retaliate against the economic strain of U.S. tariffs, these responses will aim … Read more

Visible Promo Code: Up to $240 Off Plans

Visible offers access to Verizon’s network in two unlimited plans for as low as $25 per month, with unlimited data, talk and text using Verizon’s 5G & 4G LTE networks, and unlimited talk and text to Mexico and Canada. Buying a new phone and signing up for a new phone contract can be super overwhelming—with … Read more

UAE Bowler’s No-Ball in T10 League Goes Viral

UAE bowler Hazrat Bilal’s massive front-foot no-ball in the Abu Dhabi T10 League became the centre of amusement and debate. During Samp Army’s clash with New York Strikers, the error resulted in a six and sparked laughter on the field, social media buzz, and questions from Australian cricketer David Warner. UAE bowler Hazrat Bilal … Read more

Battery unicorn Northvolt files for bankruptcy, co-founder and CEO resigns

Beleaguered Swedish battery manufacturer Northvolt announced on Thursday that it was filing for bankruptcy in the U.S., striking a blow to Europe’s ambitions for homegrown lithium-ion batteries. The company reportedly chose Chapter 11 in an effort to right its finances. In the wake of the filing, co-founder and CEO Peter Carlsson resigned, though he’ll remain on … Read more