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Japan presses Sri Lanka to secure China debt deal
Japan presses Sri Lanka to secure China debt deal
Business and Economy
by  AFP

Japan pressed bankrupt Sri Lanka on Saturday to expedite its debt restructuring, including with its biggest creditor China, to stabilise the island nation's economy after an unprecedented crisis. China holds about 52 percent of Sri Lanka's bilateral credit, with Japan and India the next biggest lenders.

UK railways hit by latest staff walkout
UK railways hit by latest staff walkout
Business and Economy
by  AFP

Rail workers in Britain held their latest strike over pay and conditions on Saturday, as more than a year of walkouts on the country's train network grinds on. The repeated strikes by rail staff have been mirrored across the public and private sectors in Britain, as workers demand pay rises in response to decades-high inflation and the worst cost-of-living crisis in a generation.