Sri Lanka Enters Default for the first time in its history and Warns Inflation May Surge to 40%
(Bloomberg) — Sri Lanka fell into default for the first time in its history as the government struggles to haltContinue Reading
Tag: Sri Lanka
Sri Lankan ‘Gota Go Home’ protesters include Tamil victims in war memorial
COLOMBO, Sri Lanka (AP) — Sri Lankan protesters lit flames and offered prayers Wednesday remembering thousands — including ethnic TamilContinue Reading
Sri Lanka to default on debt today, no money for fuel, minister says
COLOMBO (Reuters) – Sri Lanka is expected to be placed into default by rating agencies on Wednesday after the non-paymentContinue Reading
Sri Lanka’s embattled President escapes censure motion; Prime Minister Ranil slams Opposition leaders on the move
Sri Lanka’s beleaguered president side-stepped a censure motion on Tuesday after his fractured coalition rallied to delay a resolution blamingContinue Reading
Sri Lanka P.M. proposes privatizing national airline amid crisis; country’s financial health is so poor government forced to print money to pay salaries of government workers
COLOMBO, Sri Lanka (AP) — Sri Lanka’s new prime minister on Monday proposed privatizing the country’s loss-making national airline asContinue Reading
‘Next couple of months will be the most difficult ones of our lives’- Sri Lanka PM, proposes to privatize loss-making national airline
Sri Lanka’s Prime Minister in a special address to the nation warned the country that difficult months were ahead. ‘TheContinue Reading
Crisis-hit Sri Lanka set for uneasy ‘economic war cabinet’; 2 stalwarts from SJB opposition party agree to become Ministers
Sri Lanka was set to form a new cabinet on Monday as bitter political rivals make common cause to tackleContinue Reading
Watch: ‘Podi Malinga’ strikes with first IPL ball
Sri Lankan U19 pacer Matheesha Pathirana debuting for CSK striked on his first ball to dismiss Shubman Gill. Watch:
Rajapaksa swears in 4 Cabinet members amid Sri Lanka crisis
COLOMBO — Sri Lanka’s president swore in four new Cabinet ministers Saturday in an effort to ensure stability until aContinue Reading
