Search results
Results from the WOW.Com Content Network
The Sri Lankan economic crisis [8] is an ongoing crisis in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]
Shortly before 7:00 am on 15 October 1997 a group of up to six fighters from the LTTE’s Black Tigers drove a truck laden with approximately 350 kg (770 lb) explosives into the car park of the Galadari Hotel, a five-star luxury hotel, located in the heart of Colombo’s business and government district, where they shot and killed four unarmed ...
The presidency of Mahinda Rajapaksa, from 2005 to 2015 was an increasingly authoritarian regime [3] characterised by the diminishing human rights in the country, nepotism, weakening of government institutions, slow progress of national reconciliation in the aftermath of the Sri Lankan Civil War, and controversial ties to China. [4]
It’s the first election since the mass protests - called the “aragalaya”, Sinhalese for struggle – which were sparked by Sri Lanka’s worst economic crisis. Inflation was at 70%. Basics ...
The attack took place on 31 January 1996, in the Sri Lankan city of Colombo. A lorry containing about 440 pounds of high explosives crashed through the main gate of the Central Bank of Sri Lanka, a seaside high-rise which managed most of the financial business of the country. As gunmen traded fire with security guards, the suicide bomber in the ...
Crisis-hit Sri Lanka's poor hope new president will change their fortunes. Uditha Jayasinghe and Sudipto Ganguly. September 18, 2024 at 10:25 PM. By Uditha Jayasinghe and Sudipto Ganguly. COLOMBO ...
The 2022 Sri Lankan protests, commonly known as Aragalaya (Sinhala: අරගලය, lit. 'The Struggle'), were a series of mass protests that began in March 2022 against the government of Sri Lanka. The government was heavily criticized for mismanaging the Sri Lankan economy, which led to a subsequent economic crisis involving severe inflation ...
September 20, 2024 at 3:03 PM. By Uditha Jayasinghe and Sudipto Ganguly. COLOMBO (Reuters) - Millions of Sri Lankans cast their votes on Saturday to select a new president who will face the task ...