Sri Lanka restricts 367 ‘luxuries’ as forex crisis worsens
(AFP/Reuters)-Sri Lanka on Wednesday tightened restrictions on a wide range of imports from whisky to kitchen appliances as a foreignContinue Reading
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Video: #Dubai’s Museum of the Future: An Architectural Marvel
The Museum of the Future is one of National Geographic’s most beautiful museums in the world. The impressive structure seeksContinue Reading
U.S. crude oil briefly tops $130 a barrel, a 13-year high on possible Western ban of Russian oil
U.S. crude oil surged more than 7% in Sunday evening trade as the market continued to react to supply disruptionsContinue Reading
Watch: Shane Warne’s body moved from the hospital to undergo an autopsy
Shane Warne suffered chest pains before he travelled to Thailand for a holiday, where the cricket great died from aContinue Reading
IMF urges Sri Lanka to raise taxes, devalue currency
(AFP)-The International Monetary Fund warned crisis-hit Sri Lanka on Thursday that its foreign debt was “unsustainable”, and called for devaluationContinue Reading
Shell pulls out of energy investments in Russia over war
LONDON (AP) — Shell says it pulling out of Russia as President Vladimir Putin’s invasion of Ukraine costs the country’sContinue Reading
EU, UK, Canada, US pledge to remove selected Russian banks from interbank messaging system SWIFT
KEY POINTS The U.S., European allies and Canada agreed to disconnect specific Russian banks from the Society for Worldwide InterbankContinue Reading
Russian forces invade Ukraine after Putin orders attack
Summary– Putin authorises military operation in east Explosions heard in Kyiv and across Ukraine Kyiv declares state of emergency, callsContinue Reading
Sri Lanka pays $35 million for 40,000 T diesel shipment while imposing rolling power cuts
COLOMBO – Sri Lanka has paid $35.3 million for a 40,000 tonne diesel shipment, an energy ministry official said onContinue Reading
Sri Lanka says open to talks with IMF as economic situation worsens
COLOMBO- Sri Lanka is open to discussions with the International Monetary Fund (IMF) and other multilateral lenders for assistance, aContinue Reading
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