shocks

Nobel Economics Prize 2026: Who are Robert Hall and Michael Woodford, and how can they help control economic shocks?

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Robert Hall and Michael Woodford win the 2026 Nobel Economics Prize for research on economic stability. (Photo by Jonathan Nackstrand / AFP) (AFP)

US economists Robert E. Hall and Michael Woodford jointly won the 2026 Nobel Economics Prize on Monday. They were awarded the prize for their research on how governments and central banks can manage changes in the economy. Robert Hall and Michael Woodford win the 2026 Nobel Economics Prize for research on economic stability. (Photo by … Read more

Sri Lanka economy resilient to shocks: IMF

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Sri Lanka economy resilient to shocks: IMF

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