Top economists call for halt to Sri Lanka debt repayments after Cyclone Ditwah

December 21, 2025

Group of 120 experts including Joseph Stiglitz urge fresh debt restructuring plan given scale of destruction

A group of the world’s top economists – including the Nobel prize winner Joseph Stiglitz – have called for Sri Lanka’s debt payments to be suspended as it tackles the devastation caused by Cyclone Ditwah.

More than 600 people were killed and hundreds of thousands of homes destroyed across the island, in what Sri Lanka’s president, Anura Kumara Dissanayake, called the “largest and most challenging natural disaster in our history”.

Source: www.theguardian.com

Read full article

Written by: truelightfm

Rate it

UK asylum seekers not widely abusing modern slavery rules, report finds

Exclusive: Thinktank’s findings undermine successive home secretaries’ statements about misuse of system in England and WalesAsylum seekers are not abusing the modern slavery system in a widespread manner, according to a report from a centre-right thinktank that undermines statements from successive home secretaries.The report from Bright Blue finds limited evidence […]

December 21, 2025

International

Ira ‘Ike’ Schab, one of last remaining Pearl Harbor survivors, dies aged 105

Schab was a 21-year-old navy musician aboard USS Dobbin when Japan carried out surprise attack in 1941A second world war veteran who was among the last survivors of the 1941 Japanese bombing of Pearl Harbor died on Saturday.Ira “Ike” Schab, who served in the US navy at the time of […]

December 21, 2025