Encyclopedia of Financial News
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FINANCIAL CHRONICLE – Sri Lanka achieved a current account surplus of 1.7 billion US dollars in 2025, according to official data, highlighting net outflows through the financial account for debt repayment. In December, the current account surplus stood at 45 million US dollars, a decrease from 92 million dollars in the previous month. The current
On Monday, U.S. President Donald Trump announced a new trade agreement with India, reducing U.S. tariffs on Indian imports from 50% to 18%. In return, India has agreed to cease purchasing oil from Russia and to lower trade barriers. Trump made the announcement via social media following a discussion with Indian Prime Minister Narendra Modi,
