Bankrupt Sri Lanka seeks discounted Russian, Qatar oil
COLOMBO- Cash-strapped Sri Lanka on Sunday (Jun 26) announced sending ministers to Russia and Qatar to try and secure cheap oil a dayContinue Reading
Category: World News
Sri Lanka hikes fuel prices as US delegation arrives
Sri Lanka hiked fuel prices on Sunday, creating further pain for ordinary people as officials from the United States arrivedContinue Reading
Planned fuel supplies next week won’t be fulfilled – limited distribution, don’t line up – Sri Lanka energy minister
Sri Lanka’s energy minister says Planned fuel supplies next week won’t be fulfilled – with limited distribution planned. ‘Regret toContinue Reading
India to support crisis-hit Sri Lanka’s economic recovery; signals willingness to go beyond $4 billion in loans already provided
COLOMBO, June 23 (Reuters) – India’s top diplomat held talks with Sri Lanka’s president and prime minister on Thursday asContinue Reading
Sri Lanka bets on casino magnate to revive wrecked economy
Sri Lankan casino magnate Dhammika Perera entered parliament on Wednesday with a mandate to revive the bankrupt island nation’s wreckedContinue Reading
Afghanistan: At least 920 killed after 6.1 magnitude earthquake
At least 920 people have been killed and hundreds more injured after a 6.1 magnitude earthquake in southeastern Afghanistan, officialsContinue Reading
Sri Lanka PM says economy ‘has collapsed,’ unable to buy oil
COLOMBO, Sri Lanka (AP) — Sri Lanka’s prime minister says its debt-laden economy has “collapsed” after months of shortages ofContinue Reading
Sri Lanka’s crisis cripples once burgeoning middle class
COLOMBO, Sri Lanka (AP) — Miraj Madushanka never thought he’d need government rations to ensure his family could eat twoContinue Reading
Sri Lanka sued by US bondholder over default
Sri Lanka was sued in the US by a private bondholder after it defaulted on its debt for the firstContinue Reading
Sri Lanka May Consumer Prices Soar 45.3% Y/y, Highest Since 2015
Sri Lanka’s headline inflation accelerated in May to the highest since 2015 due to rising food and transport costs, asContinue Reading
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