Sri Lanka has reportedly hired financial services company Lazard Ltd. and law firm Clifford Chance LLP as financial and legal advisors to undertake debt restructuring negotiations with international creditors, Reuters reported May 24.
Pakistan's government has reportedly forbidden former Prime Minister Imran Khan from holding a march in the capital of Islamabad to demand snap elections, and police have arrested more than 400 workers to keep the march and a sit-in from happening, AP reported on May 24.
Moldova's pro-Russia former President Igor Dodon has been arrested in Moldova's capital of Chisinau on suspicion of high treason and other charges including corruption, Deutsche Welle reported May 24.
The leaders of the Quad (Australia, India, Japan and the United States), met in Tokyo, Japan, and issued a statement promising $50 billion in infrastructure and aid investment focused on countering Chinese influence in the Asia-Pacific region, Kyodo News reported May 24.
Gasoline prices in Laos are causing fuel shortages and inhibiting work commutes and agricultural processes like plowing, Radio Free Asia reported May 23.
The Afghan Taliban announced that it has agreed to let Emirati firm GAAC Solutions operate international airports in Kabul, Herat and Kandahar, AP reported May 24.
According to data from Mexico's federal government, hydrocarbon theft rose 15% month-on-month in April to 6,700 barrels per day after it rose 28% month-on-month to 5,800 b/d in March, El Economista reported May 24.
The Rwanda Defense Force (RDF) reported that cross-border shelling in its northern Musanze district bordering the Democratic Republic of the Congo injured several civilians and damaged property in the Kinigi and Nyange sectors of the district, Deutsche Welle reported May 23.
Anglo American Platinum Ltd., the world's largest platinum miner by market value, agreed to a five-year wage deal with South Africa's Association of Mineworkers and Construction Union (AMCU) and the National Union of Mineworkers (NUM), Bloomberg reported May 24.
The Central Bank of Nigeria raised its benchmark interest rate by 75 basis points, up to 13% from 11.5%, Reuters reported May 24.
