US Treasury Secretary Scott Bessent says the economy is getting stronger, and he expects inflation and bond yields to fall once the Iran conflict ends. Bessent said the current rise in inflation and bond yields is largely linked to the energy shock caused by the war. US Treasury yields rise as markets weigh the Iran … Read more
Colombo, Sri Lanka’s economy has proved remarkably resilient to successive shocks, with economic activity expanding 4.2 per cent in the second quarter of 2026, the International Monetary Fund said on Wednesday. Sri Lanka economy resilient to shocks: IMF The growth marked the 11th consecutive quarter of strong economic expansion, the IMF said in a statement … Read more
The United States and Canada have repeatedly come close to a full-scale trade war since President Donald Trump returned to office. Trump has often stepped back from some of his strongest threats against Canada, but that period of relative calm has now ended. Trump’s 50% Canada tariffs could raise costs, push up prices and hurt … Read more
A new poll shows a majority of Americans are dissatisfied with the way President Donald Trump is governing the country, especially on day-to-day issues such as prices, jobs and relations with other countries. this ABC News/Washington Post/Ipsos poll via Ipsos Knowledge Panel, This comes just before the Supreme Court struck down Trump’s earlier global tariffs. … Read more