After the coup, Western donors withdrew billions of dollars in help and investment from Sudan, causing an already unstable economy to spiral out of control and depriving the government of much-needed foreign money.
International
The Foreign Office took the opportunity to show its support for refugees all across the world as part of World Refugee Day celebrations.
Saudi Arabia’s Crown Prince Mohammed bin Salman has arrived in Egypt, the Egyptian presidency said, starting his first tour outside…
Chinese firms, including state refining giant Sinopec and state-run Zhenhua Oil, have ramped up purchases of Russian oil, enticed by steep discounts after western oil majors and trading houses pulled back due to sanctions.
“To reduce gas consumption, less gas must be used to generate electricity. Coal-fired power plants will have to be used more instead,” Germany’s Minister Robert Habeck said.
This will be Sri Lanka’s 17th rescue package, according to the IMF, whose staff is currently in Colombo and will stay until June 30.
Russia invaded Ukraine on Feb 28 and in the first week of March, the Russian ruble crashed to 128 against the US dollar in the backdrop of economic sanctions imposed by the United States and some European countries.
The Russian Defense Ministry said that it had gained control of Metyolkine, a town south of Sievierodonetsk where several Ukrainian forces had surrendered, according to the Russian official news agency TASS.