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(Reuters) - Global investors and Sri Lankan officials expect to start negotiations aimed at restructuring $12 billion in defaulted global bonds next week, Bloomberg News reported on Thursday.
April 29, 2024 at 11:53 PM. [Getty Images] Everything feels sodden in Kenya's capital, Nairobi, and beyond. It seems as if the rain has been falling without respite for six weeks, and the impact ...
Sri Lanka has approved a new law backed by the International Monetary Fund (IMF) allowing the state to seize any proceeds from criminal activities, a cabinet spokesperson said on Friday. The new ...
The 2022 Sri Lankan political crisis was a political crisis in Sri Lanka due to the power struggle between President Gotabaya Rajapaksa and the people of Sri Lanka. It was fueled by the anti-government protests and demonstrations by the public due to the economic crisis in the country. The anti-government sentiment across various parts of Sri ...
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]
Daily News (Sri Lanka) Daily News. (Sri Lanka) The Daily News is an English-language newspaper in Sri Lanka. It is now published by the Associated Newspapers of Ceylon Limited (Lake House), a government-owned corporation. The newspaper commenced publishing on 3 January 1918. [1]
April 25, 2024 at 12:02 AM. The UN says more than 40,000 have been forced from their homes [EPA] Roads have turned into rivers in the Kenyan capital Nairobi, as a top official said flooding had ...
Website. nation .lk. The Nation is a weekly English-language newspaper in Sri Lanka. It is published on every Sunday, by Rivira Media Corporation (Pvt) Ltd. A sister newspaper of Rivira, The Nation was established in 2006. It has a circulation of 132,000 per issue and an estimated readership of 662,000 by 2012.