Explained: the Economic Crisis in Sri Lanka Sri Lanka is currently in an economic and political crisis of mass proportions, recently culminating in a default on its debt payments. The country is also nearly at empty on their foreign currency reserves, decreasing the ability to purchase imports an...
Live: Latest on Sri Lanka's crisis – President Gotabaya Rajapaksa to resign on July 13Updated 12:09, 10-Jul-2022 Colombo, Sri Lanka Share Error loading player: No playable sources found Sri Lankan President Gotabaya Rajapaksa agrees to resign on Wednesday, July 13. He has been shifted to ...
Reports on a political crisis in Sri Lanka in November 2003 resulting from the decision by Sri Lankan President Chandrika Kumaratunga to suspend parliament and sack several senior ministers. Aim of Kumaratunga's move; Details of the proposals by the Liberation Tigers of Tamil Eelam; Public ...
Sri Lanka is facing a beach pollution crisis as tonnes of plastic waste from a burning container ship wash ashore. Firefighting operations continue on the Singapore-registered vessel for a 10th day. Authorities say the fire was caused by a nitric acid leak that the crew knew abou...
Sri Lanka's central bank has laid out the extent of the country's worst economic crisis in more than 70 years. In its annual report, the bank outlined how last year wages failed to keep up with the soaring cost of everything from food to fuel. ...
Jan. 25, 2025 3:00am BJT Mail|Share|Print|Text:AAA Video Play VideoUN official heads to Sri Lanka to resolve humanitarian crisis Play VideoObama scolds Sri Lankan unrest Play VideoSri Lankan hospital hit by mortar shell COLOMBO, May 15 (Xinhua) -- Sri Lanka's over 30-year-old conflict...
Sri Lanka Presidential Election Due Between Sept 17 and Oct 16, Election Commission Says More Reuters FILE PHOTO: A general view of city's skyline, amid the country's economic crisis in Colombo, Sri Lanka, April 19, 2022. REUTERS/Dinuka Liyanawatte/File Photo...
“If one creditor or creditors are not willing to provide these assurances, that would indeed deepen the crisis here in Sri Lanka and would undermine the repayment capacity,” Peter Breuer, senior IMF mission chief told reporters in Colombo when asked what if China does not agree on...
IMF Urges Sri Lanka to Tighten Monetary Policy, Raise Tax to Address Debt Woes More Reuters FILE PHOTO: Demonstrators shout slogans against Sri Lanka's President Gotabaya Rajapaksa, near the Presidential Secretariat, amid the country's economic crisis, in Colombo, Sri Lan...
Sajith Premadasa, the current Sri Lankan opposition leader, emphasized that while the country is “extremely grateful” for India’s help in the current crisis, the government needs to ensure that Sri Lanka’s sovereignty and political independence are not impacted by the situation. ...