Crisis hit Sri Lanka snapping up cheap Russian oil -Financial Times
Debt-laden Sri Lanka has been buying up large amounts of discounted Russian oil amid an economic meltdown that sent the country into default forContinue Reading
Author: MDWLive.net
IMF cuts global growth forecast for next year, warns ‘the worst is yet to come’
KEY POINTS The International Monetary Fund predicts global growth will slow to 2.7% in 2023. “The worst is yet toContinue Reading
U.N says Tunisia, Sri Lanka and Pakistan top list of 54 countries in dire need of debt relief
Cascading global crises have left 54 countries — home to more than half of the world’s poorest people — inContinue Reading
E.U condemns ‘barbaric’ Russian missile attacks, warns Belarus
BRUSSELS (Reuters) -The European Commission condemned as “barbaric” Russian missile strikes on Kyiv and other Ukrainian cities on Monday andContinue Reading
Sri Lanka Top Court Allows Proceedings Against Former President Rajapaksa, Others
COLOMBO (Reuters) – Sri Lanka’s top court has granted permission for proceedings against former President Gotabaya Rajapaksa, the rights groupContinue Reading
Japan says no pact yet with Sri Lanka on debt restructure talks
TOKYO (Reuters) -Japan has not yet reached an agreement to co-chair a debt summit with Sri Lanka’s creditors, a governmentContinue Reading
UN extends Sri Lanka war-time violations monitoring, calls government to investigate & prosecute officials who triggered country’s worst financial crisis
GENEVA (Reuters) -The U.N. rights body on Thursday renewed the mandate of a U.N. office to collect and preserve evidenceContinue Reading
Sri Lanka refuses international human rights investigation
COLOMBO, Sri Lanka (AP) — Sri Lanka will not accept any international investigation imposed by the U.N. Human Rights CouncilContinue Reading
Amnesty says Creditors should provide debt relief to Sri Lanka
COLOMBO, Sri Lanka (AP) — International creditors should provide debt relief to Sri Lanka to alleviate suffering as its peopleContinue Reading
Sri Lanka’s key inflation rate surges to record, keeps central bank pressured
COLOMBO (Reuters) -A key measure of Sri Lanka’s consumer inflation surged to an annual record 69.8% in September, official dataContinue Reading
