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Sri Lanka parliament passes anti-corruption bill without vote - speaker

Sri Lanka parliament passes anti-corruption bill without vote - speaker

The legislation was passed without a vote in the 225-member parliament as part of requirements linked to a $2.9 billion bailout from IMF.
Wed Jul 19 2023
[COLUMNIST] Highway buy-back a form of bailout by the people?

[COLUMNIST] Highway buy-back a form of "bailout" by the people?

The overall objective should be meeting the minimum end date of the concession.
Fri Apr 15 2022
[COLUMNIST] Technocratic legal bailout framework to arrest 'bailoutpreneurship'

[COLUMNIST] Technocratic legal bailout framework to arrest 'bailoutpreneurship'

The moral hazard risk abundant in the corporate world is multiplied times in the presence of government links and involvement.
Mon Apr 11 2022
Indonesia takes over land controlled by Suharto son's firm

Indonesia takes over land controlled by Suharto son's firm

The move was part of wider efforts to recoup $7.7 billion of unpaid loans given as bank bailouts during the 1997-1998 financial crisis.
Fri Nov 05 2021
Time for MAS and unions to look beyond bailouts

Time for MAS and unions to look beyond bailouts

Political interference can waste even the best talents and may have contributed to the failure of past turnaround efforts.
Mon Nov 30 2020
US: Man used coronavirus aid to buy Lamborghini, Justice Department says

US: Man used coronavirus aid to buy Lamborghini, Justice Department says

David Hines was arrested and charged with bank fraud, making false statements to a financial institution and engaging in transactions in unlawful proceeds, the US Justice Department announced Monday.
Wed Jul 29 2020
Govt will not bailout airlines - Finance Minister

Govt will not bailout airlines - Finance Minister

Tengku Zafrul said Khazanah Nasional Bhd's Board of Directors has not heard any news related to a capital injection of RM5 billion into Malaysia Airlines Bhd (MAB).
Fri Jun 12 2020
Indonesian government plans $8.6 billion coronavirus bailout for state firms

Indonesian government plans $8.6 billion coronavirus bailout for state firms

The bailout funds will be provided on top of capital injection plans made before the pandemic.
Sun May 17 2020
IMF turns its back on Europeans in Greece bailout

IMF turns its back on Europeans in Greece bailout

The "breakthrough" deal announced Wednesday to resume handing out bailout money to Greece sounded like old times: the IMF working with European countries again as official lenders to Athens.
Mon May 30 2016
Eurozone reaches deal on Greek bailout funds, debt

Eurozone reaches deal on Greek bailout funds, debt

Eurozone finance ministers reached a vital deal with Greece after marathon talks Wednesday to unlock 10.3 billion euros ($12 billion) in bailout cash and start debt relief.
Wed May 25 2016
Greek conservatives elect new leader to challenge PM Alexis Tsipras

Greek conservatives elect new leader to challenge PM Alexis Tsipras

Greek conservatives elected Kyriakos Mitsotakis as their new leader on Sunday, hoping he can revive their fortunes and challenge leftist Prime Minister Alexis Tsipras
Mon Jan 11 2016
Tsipras to back Greek bailout with Tsakalotos as finance minister

Tsipras to back Greek bailout with Tsakalotos as finance minister

Euclid Tsakalotos helped steer bailout discussions with Greece's creditors that produced an 86 billion euro loan accord with Athens in August.
Tue Sep 22 2015
EU welcomes Tsipras victory, says no 'time to lose' on reforms

EU welcomes Tsipras victory, says no 'time to lose' on reforms

European Commission head Jean-Claude Juncker congratulated Alexis Tsipras on his left-wing party's re-election victory.
Mon Sep 21 2015
Facts and figures on Sunday's Greek vote

Facts and figures on Sunday's Greek vote

Only Greek citizens aged 18 and above are entitled to vote on Sunday when ballots open, provided their rights have not been suspended.
Sun Sep 20 2015
Greece to receive 23 billion euro cash injection ahead of key repayment

Greece to receive 23 billion euro cash injection ahead of key repayment

Greece is set to receive the first instalment of its third multi-billion-euro bailout Thursday, just as a key repayment to the European Central Bank falls due.
Thu Aug 20 2015
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Sat Oct 19 2024
Putin says Russia willing to seek compromises between Iran and Israel

Putin says Russia willing to seek compromises between Iran and Israel

Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
Sat Oct 19 2024
What proposals will Russia push at the BRICS summit?

What proposals will Russia push at the BRICS summit?

The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Sat Oct 19 2024
Indonesia's free meals plan in the spotlight as Prabowo readies for office

Indonesia's free meals plan in the spotlight as Prabowo readies for office

Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Sat Oct 19 2024
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Sat Oct 19 2024
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Sat Oct 19 2024
Liam Payne's ex-partner calls for media restraint after 'painful' death

Liam Payne's ex-partner calls for media restraint after 'painful' death

Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Sat Oct 19 2024
Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Sat Oct 19 2024
Biden offers both a carrot and a stick to Israel as his term nears an end

Biden offers both a carrot and a stick to Israel as his term nears an end

Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Sat Oct 19 2024
Putin says BRICS will generate most of global economic growth

Putin says BRICS will generate most of global economic growth

Russian President Vladimir Putin will host a summit of the group in the city of Kazan on Oct. 22-24.
Sat Oct 19 2024