Cambodia Faces Deep Economic Crisis Amid War Strain
Western experts warn Cambodia's economy remains strained after a year of war. They cite rising prices, currency depreciation, and a large budget deficit as key dangers, urging drastic moves such as devaluation and tighter foreign exchange controls. Revenue losses and slow aid delivery compound shortages, with relief seen only from U.S. aid of about 78.5 million dollars pending faster use.
MENTIONED IN THIS ARTICLE
Thnom Penh
Cambodia
Sitik Matak
Mnrin
Phnom Penh
Oudong
Phoom Penh
United States
Karymsky Volcano Eruptions Persist for Years Says Tass
Tass reports from Petropavlovsk Kamchatsky indicate the Karymsky volcano has erupted continuously for over a year and is likely to continue for at least four more years before quieting. The Soviet agency cites ongoing seismic activity and lava flow as indicators of a prolonged eruption cycle.
MENTIONED IN THIS ARTICLE
Petropavlovek, Kan
Chatskiy
Karymsky Volcand
Kamchatka
Tass
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