Sri Lanka suspends fuel sales for two weeks as economic crisis worsens | Sri Lanka

Sri Lanka suspends fuel sales for two weeks as economic crisis worsens | Sri Lanka

Cash-strapped Sri Lanka has announced a two-week halt to all fuel sales except for essential services and called for a partial shutdown as its unprecedented economic crisis deepened. The south Asian nation is facing its worst economic meltdown since gaining independence from Britain in 1948, and has been unable to finance even the imports of

We face a global economic crisis. And no one knows what to do about it | Phillip Inman

We face a global economic crisis. And no one knows what to do about it | Phillip Inman

Back in February, plenty of investors were betting that the buildup of Russian troops on Ukraine’s border was no more than an elaborate bluff. The Russian and Ukrainian currencies appreciated in value as hedge funds and private equity firms, signalling their faith in some form of peace deal emerging, confidently bought roubles and the Ukrainian

What Crisis Negotiation Can Teach Business Leaders About Discussing Money

What Crisis Negotiation Can Teach Business Leaders About Discussing Money

Michelle is a financial advisor and the founder of MichelleAB, a lifestyle platform that enables change-makers to achieve financial freedom. getty As the leader of a business or an entrepreneur, how do you talk to yourself about money? Are you empathetic and gentle with yourself? Or do you sound more like a strict, overbearing parent? There’s

Facing Down the Mortgage Industry’s Looming Capacity Crisis

Facing Down the Mortgage Industry’s Looming Capacity Crisis

The capacity crisis in mortgage originations is being precipitated in part by a lack of competent underwriting talent relative to demand. With pipelines bulging, the cost of an underwriter has virtually doubled in the last six months and loan cycle times have extended dramatically, exceeding 80 days (up from 45). Underwriters provide the critical thinking