Hungarians rally against Orban's reforms, skeptical of change

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BUDAPEST: About 1, 000 Hungarians demonstrated against Perfect Minister Viktor Orban’s government on Sunday (Jul 16) in the latest of a series of smaller demonstrations immediately since his right-wing Fidesz party exceeded legislation sharply raising taxes on small firms. Nationalist Orban can be facing his hardest challenge yet considering thatContinue Reading

G20 finance chiefs resolved on food security; Ukraine war prevents formal communique

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Russia’s finance minister attended the meeting virtually while his deputy attended in person. Ukraine’s finance minister addressed the session virtually where he called for “more severe targeted sanctions”. Indonesia’s Sri Mulyani said while chairing a fractured G20 has been “quite overwhelming” due to the war in Ukraine, all members agreedContinue Reading

Sri Lanka's political crisis: What happens next?

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WHY AN ACTING PRESIDENT? Rajapaksa formally quit on Jul 14, just 32 months into his five-year term, with prime minister Wickremesinghe automatically elevated as the acting leader under the country’s constitution. Wickremesinghe is serving as a stop-gap until the 225-seat parliament elects one of its members to lead the countryContinue Reading