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Sri Lanka at high risk of a currency crisis, warns top Japanese bank - newsfirst.lk - Japan - Sri Lanka - Pakistan - Turkey - Hungary - Romania - Egypt - Czech Republic
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Sri Lanka at high risk of a currency crisis, warns top Japanese bank
COLOMBO (News 1st) – Sri Lanka is among the seven countries with a high risk of a currency crisis, warned Nomura Holdings, Japan’s top brokerage and investment bank.The other countries are  Egypt, Romania, Turkey, the Czech Republic, Pakistan, and Hungary.According to Reuters, the Japanese bank said that 22 of the 32 countries covered by its in-house "Damocles" warning system have seen their risk rise since its last update since May, with the largest increases in the Czech Republic and Brazil.It meant the sum of the scores generated on all 32 by the model had increased sharply to 2,234 from 1,744 since May."This is the highest total score since July 1999 and not too far from the peak of 2,692 during the height of the Asian crisis," Nomura economists said, calling it "an ominous warning sign of the growing broad-based risk in EM currencies".The model crunches 8 key indicators on a country's FX reserves, exchange rate, financial health and interest rates to give an overall score.Based on data from 61 different EM currency crises since 1996, Nomura estimates that a score above 100 indicates a 64% chance of a currency crisis in the following 12 months.Egypt, which has already devalued its currency heavily twice this year and sought an International Monetary Fund (IMF) programme, now generates the worst score at 165.Romania is next on 145 having been propping up its currency with interventions.
UNHRC : Core Group produces 19-point resolution on Sri Lanka - newsfirst.lk - Usa - Sri Lanka - Switzerland - Italy - Austria - Croatia - Germany - Britain - Ireland - Australia - Canada - New Zealand - Netherlands - Denmark - Greece - Slovakia - Norway - Portugal - Bulgaria - Belgium - Finland - Malta - Sweden - Luxembourg - Latvia - Romania - Iceland - Malawi - Cyprus - Bosnia And Hzegovina - Albania - Slovenia - Macedonia - Montenegro - Lithuania - Estonia - Liechtenstein
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UNHRC : Core Group produces 19-point resolution on Sri Lanka
COLOMBO (News 1st) – The Core Group at the United Nations Human Rights Council has produced a 19-point resolution on Sri Lanka.This is a draft resolution and it has received the support of thirty other countries Albania,* Australia,* Austria,* Belgium,* Bosnia and Herzegovina,* Bulgaria,* Canada,* Croatia,* Cyprus,* Czechia,* Denmark,* Estonia,* Finland, Germany, Greece,* Iceland,* Ireland,* Italy,* Latvia,* Liechtenstein,* Lithuania, Luxembourg, Malawi, Malta,* Montenegro,* Netherlands, New Zealand,* North Macedonia,* Norway,* Portugal,* Romania,* Slovakia,* Slovenia,* Sweden,* Switzerland,* United Kingdom of Great Britain and Northern Ireland and United States of America.The draft resolution noting with appreciation the work of the Office of the United Nations High Commissioner for Human Rights towards the promotion and protection of human rights and truth, justice, reconciliation and accountability in Sri Lanka, has made the following 19-points.1.Welcomes the oral update presented by the United Nations High Commissioner for Human Rights to the Human Rights Council at its forty-ninth session and the report of Office of the United Nations High Commissioner for Human Rights presented to the Council at its current session;2.Also welcomes the engagement of the Government of Sri Lanka with the Office of the High Commissioner and the special procedures of the Human Rights Council, encourages the continuation of such engagement and dialogue, and calls upon Sri Lanka to implement the recommendations made by the Office and to give due consideration to the recommendations made by the special procedures;3.Expresses concern at the human rights impact of the economic crisis, including as a result of increased food insecurity,
Jens Stoltenberg - NATO activates chemical, nuclear defence elements amid Russia’s war on Ukraine - globalnews.ca - Usa - city Brussels - Russia - Slovakia - city Moscow - Hungary - Bulgaria - Romania - Ukraine
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NATO activates chemical, nuclear defence elements amid Russia’s war on Ukraine
NATO has activated its “chemical, biological, radiological and nuclear defence elements” amid fears Russia could launch a biological strike in Ukraine.Following an emergency summit of the military alliance on Thursday, NATO Secretary-General Jens Stoltenberg told reporters in Brussels the decision comes as the allies move to equip Ukraine with its own biological defences.“Our top military commander … has activated NATO’s chemical, biological, radiological and nuclear defence elements,” he said.“And allies are deploying additional chemical and biological and nuclear defences to reinforce our existing and new battlegroups, so we are taking measures both to support Ukraine and also to defend ourselves.” How the war in Ukraine stands a month after Russia’s invasion — and what may be next Stoltenberg made the announcement as part of a slew of new measures taken by the military alliance to boost its presence in eastern Europe amid a growing Russian threat, he said.NATO is sending four new battlegroups to Bulgaria, Hungary, Romania and Slovakia, Stoltenberg announced, while promising the allies will further support Ukraine in its fight against Russia as the invasion hit the one-month mark Thursday.However, the West fears Russia, which has yet to make significant ground in Ukraine, could escalate the conflict by using biological weapons. Leaders have expressed their fears over such an attack, but have not provided evidence one is looming.
World's COVID-19 death toll nears 6 million - fox29.com - China - Singapore - Usa - Hong Kong - city Bangkok - state Arkansas - Poland - Hungary - city Houston - Romania - Ukraine - city Jonesboro, state Arkansas
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World's COVID-19 death toll nears 6 million
BANGKOK (AP) - The official global death toll from COVID-19 is on the verge of eclipsing 6 million — underscoring that the pandemic, now in its third year, is far from over.The milestone is the latest tragic reminder of the unrelenting nature of the pandemic even as people are shedding masks, travel is resuming and businesses are reopening around the globe. The death toll, compiled by Johns Hopkins University, stood at 5,996,882 as of Sunday morning and was expected to pass the 6 million mark later in the day.Remote Pacific islands, whose isolation had protected them for more than two years, are just now grappling with their first outbreaks and deaths, fueled by the highly contagious omicron variant.Hong Kong, which is seeing deaths soar, is testing its entire population of 7.5 million three times this month as it clings to mainland China’s "zero-COVID" strategy.As death rates remain high in Poland, Hungary, Romania and other Eastern European countries, the region has seen more than 1 million refugees arrive from war-torn Ukraine, a country with poor vaccination coverage and high rates of cases and deaths.And despite its wealth and vaccine availability, the United States is nearing 1 million reported deaths on its own.A nurse checks on a patient in the ICU Covid-19 ward at NEA Baptist Memorial Hospital in Jonesboro, Arkansas, U.S., on Wednesday, Aug.
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