Sri Lanka's $2.9bn bailout by IMF

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Sri Lanka has secured a $2.9bn bailout from the International Monetary Fund as it faces its worst economic and social crisis since independence. A day after UBS Bank brought Credit Suisse out of financial trouble uncertainty in the markets have calmed down. The former finance Minister of Canada Joe Oliver gives his take on if politicians can have much influence on a financial crisis... China's leader Xi Jinping showed the importance of close relations between Russia and China at a dinner hosted by Vladimir Putin on Monday. This comes days after an international court called for the Russian president's arrest for war crimes in Ukraine (PICTURE: People wait in a line to buy petrol at a Ceylon Ceypetco fuel station on a main road n Colombo, Sri Lanka. Picture Credit: Reuters/Dinuka Liyanawatte)