Sri Lanka Economic Crisis

President Rajapaksa agrees to replace brother Mahinda, to form all-party cabinet

<p> Sri Lankan President Gotabaya Rajapaksa has agreed to replace Mahinda Rajapaksa--current Prime Minister and elder brother, and form an…

3 years ago

Jayasuriya praises India for feeding Sri Lankans during economic meltdown

<div id="cke_pastebin"> Former Sri Lankan cricketer Sanath Jayasuriya met Indian High Commissioner Gopal Baglay on Thursday and requested him for…

3 years ago

Sri Lanka economic crisis: Nearly 1000 public, private unions to launch massive protest

<p> <strong>Protesting the Sri Lankan government led by Rajapaksa, around 1000 public and private sector unions are set to launch…

3 years ago

Rajapaksas Losing Power Grip In Sri Lanka As Protests Surge | Sri Lanka Economic Crisis

<p> <iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/Sbd5lmWJgEk" title="YouTube video player" width="560"></iframe></p> <p> Sri Lanka's opposition…

3 years ago

Public protests widen in Sri Lanka but ruling Rajapaksa clan remains defiant

<p> Thousands of Sri Lankan students mobbed Prime Minister Mahinda Rajapaksa's home on Sunday asking him to quit over the…

3 years ago

Sri Lankan opposition targets Gotabaya Rajapaksa by proposing fewer presidential powers

<p> Sri Lankan opposition leader Sajith Premadasa has submitted a number of proposals to Speaker Mahinda Yapa Abeyawardene on Thursday…

3 years ago

Will peaceful protests in Sri Lanka turn violent after police firing?

<p> One person was killed and 24 injured when the Sri Lankan police opened fire on a crowd protesting against…

3 years ago

IMF chief thanks India for support to Sri Lanka as island nation seeks bail-out

<p> International Monetary Fund (IMF) Managing Director, Kristalina Georgieva, appreciated India's role in supporting Sri Lanka through its economic and…

3 years ago

Sri Lankan delegation to begin talks with IMF for $4 billion loan in Washington today

<p> Sri Lanka's newly-appointed Finance Minister Ali Sabry is leading a delegation to the International Monetary Fund (IMF) in Washington,…

3 years ago

Desperate Sri Lanka seeks finance lifeline from India till IMF loan comes through

<p> While India plays a prominent role in helping its neighbour Sri Lanka come out of a deep economic crisis,…

3 years ago

Amid economic meltdown, Colombo Stock Exchange halts operations

<p> <strong>Amid Sri Lanka’s deepening economic crisis, <a href="https://www.cse.lk/">Colombo Stock Exchange</a> (CSE) has decided to temporarily shut for five working…

3 years ago

India likely to raise another $2 billion in aid for Sri Lanka as crisis mounts in island nation

<p> India is thinking of providing another $2 billion in financial support to Sri Lanka along with sending food and…

3 years ago

Now that Sri Lanka has defaulted on foreign debt, what happens now?

<p> The Sri Lankan Finance Ministry announced on Tuesday afternoon that the country was temporarily suspending all foreign debt payments…

3 years ago

Sri Lanka’s Beijing envoy confident of getting assistance from China even as Rajapaksas hold on to power

<p> Sri Lankan ambassador to China, Palitha Kohona says that China is ready to support the island nation with almost…

3 years ago

Sri Lanka’s economy is in free fall–island nation announces default on its $51 billion external debt

<p> <strong>Cash starved Sri Lanka has annouonced that it will default on its $51 billion external debt on Tuesday while…

3 years ago

Unlike Pakistan, Sri Lanka will choose its own constitutional provisions to oust government—Sajit Premadasa

<p> Dismissing the possibility of a no-confidence motion like Pakistan to oust the present government in Sri Lanka, Leader of…

3 years ago

Stern IMF cracks the whip on Sri Lanka–asks debt-ridden Colombo to raise taxes

<p> <strong>Debt ridden Sri Lanka, which is now looking for financial assistance from multilateral lenders including the International Monetary Fund,…

3 years ago

Sri Lanka Economic Crisis | Ex Cricketers Arjuna Ranatunga & Sanath Jayasuriya Praise India For Help

<p> <iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/mWNWSgkwCGE" title="YouTube video player" width="560"></iframe></p> <p> Sri Lankan former…

3 years ago

Explained: Sri Lanka & Pakistan Economic Crisis | And China’s Debt Trap Policy

<p> <iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/jSwLfav0jaM" title="YouTube video player" width="560"></iframe></p> <p> Like Sri Lanka,…

3 years ago

Sri Lanka closes Norway and Iraq embassies, Sydney consulate

<p> Sri Lanka has decided to shut down its embassies in Norway and Baghdad and also its consulate in Sydney…

3 years ago

Worldwide protests against Sri Lanka’s Rajapaksa family take root—demonstration in Los Angeles, Australia and Canada

<p> With the Sri Lankan economic downturn fast snowballing into a social and political crisis, professional groups are now joining…

3 years ago