Sri Lanka hikes interest rates, warns trouble ahead
Cash-strapped Sri Lanka raised interest rates one percentage point Friday, the second sharp hike in three months, as the centralContinue Reading
Author: MDWLive.net
Sri Lanka president asks Russia’s Vladimir Putin to help import fuel
COLOMBO (Reuters) — Sri Lanka’s president on Wednesday said he urged Russian leader Vladimir Putin to help his cash-strapped island nation import fuelContinue Reading
Sri Lankans Return To Cooking With Firewood As Economy Burns
As once relatively wealthy Sri Lanka suffers a dire economic crisis with shortages of everything from medicines to gas, peopleContinue Reading
UK Finance Minister Rishi Sunak resigns, says the government should be run ‘properly, competently and seriously’; Health Secretary also resigns
LONDON — British Chancellor Rishi Sunak resigned Tuesday, saying the government should be run “properly, competently and seriously.” “I recogniseContinue Reading
Sri Lanka PM says talks with IMF difficult due to bankruptcy
COLOMBO, Sri Lanka – Sri Lanka’s negotiations with the International Monetary Fund are more complex and difficult than in the pastContinue Reading
Watch: ’2023 is going to be difficult, by 2024 things should pick up’- Sri Lanka PM on Al Jazeera
Ranil Wickremesinghe, prime minister of crisis-hit Sri Lanka, has said he is confident he can turn the economy around –Continue Reading
Lanka grinds to a halt as fuel reserves shrink
(AFP)-Sri Lanka has less than a day’s worth of fuel left, the energy minister said on Sunday, with public transportContinue Reading
Ronaldo tells Man Utd ‘it’s time for me to leave’ in bombshell statement
Cristiano Ronaldo has reportedly dropped a bombshell on Manchester United, telling the club it is time for him to leave.Continue Reading
Watch: England’s Stuart Broad concedes new record of 35 runs in a Test over
England great Stuart Broad set a new if unwanted record by conceding 35 runs in a Test over, against IndiaContinue Reading
Galloping inflation forces Sri Lankan households to cut back on meals
COLOMBO, July 1 (Reuters) – With an out of work husband, housewife Sujeewa Nelum Perera is all too familiar withContinue Reading
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