Explained: How Sri Lanka fell into its worst economic crisis & what’s next

NEW DELHI: Sri Lanka’s economic crisis has only deepened further in the past few months, stemming from mismanaged government finances and ill-timed tax cuts in addition to the impact of Covid. Diminishing forex reserves, huge piles of debt, devaluation of currency, rising inflation and a falling economy has compelled the people to struggle for items … Read more

Why Netflix is ​​the worst performing stock in the S&P 500

Netflix has been an amazing innovator and an extravagant spender. And if you forget that it borrowed billions to finance two decades of exponential growth, the company would be a resounding success. I essentially said that four years ago, a warning that while Netflix’s streaming videos were a boon for consumers, the company was a … Read more