Welcome to the Canadian National Multilingual News Group (CNMNG). This is a project made possible through funding by Canadian Heritage. CNMNG aims to gather news researched and written by a corps of Canadian-based journalists/writers from the country’s multilingual community groups. The overall goal is to inform, analyze and critique the issues of the day in a professional manner and to provide that to publishers and editors active in the ethnocultural-multilingual press and media whose experience provides them with a perspective that is sensitive to news relevant to their own language group.
The Bloomberg reported last week that Sri Lanka was the highest default risk in the Asia-Pacific, overtaking Papua New Guinea, Kazakhstan, Mongolia, Pakistan, Malaysia and Indonesia. The news agency’s “debt default probability” scale now rates Sri Lanka at almost 28 percent, up from 13 percent six months ago. (more…)
