S&P lowers Sri Lanka Sovereign rating to “CC” indicating looming default
Global rating agency Standard and Poor’s (S&P) today lowered Sri Lanka’s long-term foreign currency sovereign rating from “CCC” to “CC”Continue Reading
Author: MDWLive.net
Gota -Go- Gama; A small tent camp near Sri Lankan President’s office becomes focus of national protests
On a patch of grass near Sri Lankan President Gotabaya Rajapaksa’s office in the commercial capital Colombo, around two dozenContinue Reading
Watch: Georgetown University’s Devarajan on Sri Lanka Debt Crisis
Shanta Devarajan, Professor at Georgetown University, and also a member of Sri Lanka’s Presidential Advisory Group on Multilateral Engagement andContinue Reading
UK’s Johnson says he paid a police fine for lockdown parties- the first British leader sanctioned for breaking the law in office
LONDON (AP) — Prime Minister Boris Johnson said Tuesday he paid a fine from police for attending a lockdown-breaching birthdayContinue Reading
Sri Lanka to suspend normal debt servicing temporarily : Finance Ministry
The Secretary to the Ministry of Finance states that Sri Lanka will suspend normal debt servicing of all affected debts forContinue Reading
Watch: Former PM Ranil reacts angrily after asked by CNBC ‘Whether it’s time for you to step down from UNP?’
Former Sri Lanka Prime Minister Ranil Wickremesinghe reacted angrily and eventually hung up a phone call during a CNBC interview,Continue Reading
Sri Lanka Prime Minister Mahinda Jogs War Memory to Placate Citizens as Economic crisis rages on.
Sri Lankan Prime Minister Mahinda Rajapaksa retained his family’s defiant tone in the face of mounting protests, leaning on hisContinue Reading
Shehbaz Sharif Elected As New Pakistan Prime Minister
Pakistan Opposition leader Shehbaz Sharif, the 70-year-old younger brother of former three-time prime minister Nawaz Sharif, has been elected asContinue Reading
WATCH -#SriLanka could run out of reserves by the end of the month, says former Prime Minister Ranil
Ranil Wickremesinghe, former prime minister of Sri Lanka, says the country’s economic crisis is “very, very serious.” Watch his commentsContinue Reading
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