Crisis-hit Sri Lanka defaults on foreign debt
Sri Lanka announced a default on its $51 billion foreign debt Tuesday as the island nation grapples with its worst economic crisis in memory and escalating protests demanding the government's resignation.
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Millions of Somalis at risk of famine: UN agencies
Millions of people in Somalia are at risk of famine, with young children the most vulnerable to the worsening drought in the troubled Horn of Africa nation, UN agencies warned on Tuesday.
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Ukraine war set to push record US inflation even higher
US government data will on Tuesday likely confirm what many Americans already suspected: prices continued to rise at record rates last month, continuing a phenomenon that began last year but which has been exacerbated by Russia's invasion of Ukraine.
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Markets mostly down ahead of key US data
Most Asian and European markets were down Tuesday, after a weak lead from Wall Street and with all eyes on key US inflation data due later in the trading day.
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As EU eyes stopping Russian gas imports, Israel sees an opening
As Europe aims to wean itself off Russian fossil fuel because of the Ukraine invasion, Israel hopes to help fill the gap with gas from its offshore reserves.
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Taiwan issues wartime survival handbook
Taiwan's military published a handbook on Tuesday advising civilians on how to prepare for a potential Chinese invasion, including where to find bomb shelters and how to stockpile emergency supplies.
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Indonesia passes long-awaited sexual violence bill
Indonesia's parliament passed a long-awaited sexual violence bill on Tuesday, a landmark decision that raises hopes of justice for victims after the country recorded a spike in reported cases during the coronavirus pandemic.
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Australia dispatches minister to Solomon Islands over China pact
Australia's Minister for the Pacific was dispatched to the Solomon Islands on Tuesday over a controversial security pact Western allies fear will enable a Chinese military foothold in the South Pacific.
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Crisis-hit Sri Lanka defaults on all foreign debt
Sri Lanka defaulted on its $51 billion foreign debt Tuesday as the island nation grapples with its worst economic crisis in memory and widespread protests demanding the government's resignation.
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Asia markets mostly down ahead of key US data
Most Asian markets were down Tuesday afternoon, after a weak lead from Wall Street and with all eyes on key US inflation data due later in the day.
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