Donald Trump says he expects to be arrested on Tuesday and has urged his supporters to launch mass protests.
However, his lawyer said there had been no communication from law enforcement and the former president's post was based on media...
The ICJ today called upon the Government to respect an Interim Order of the Supreme Court to ensure that funds are available to hold local elections and for the Speaker of Parliament to withdraw his referral of Supreme Court...
Sri Lanka’s crisis-hit economy shrank by a record 7.8 percent last year, official data shows, as the country struggles with its worst financial crisis in seven decades.
The island’s fourth-quarter gross domestic product (GDP) contracted by 12.4 percent, according to...
The ICJ today called upon the Government to respect an Interim Order of the Supreme Court to ensure that funds are available to hold local elections and for the Speaker of Parliament to withdraw his referral of Supreme Court...
Colombo, March 16: As part of the 15 measures needed to be taken to get the IMF’s bailout package of US$ 2.9 billion, the Sri Lankan government has introduced the Central Bank of Sri Lanka (CBSL) Bill. The idea...
United States Commission on International Religious Freedom (USCIRF) report of March 2023 has condemned anti-conversion laws passed by 12 Indian states. They are gross violations of International Human Rights Law and accepted international conventions, it says.
International human rights law...
Crisis-hit Pakistan will need to pause debt repayments if it isn’t able to secure funding from the International Monetary Fund quickly enough, according to Bank of America.
“Unless the payout comes through soon, a state of moratorium looks unavoidable” economists...
NEW DELHI, March 13 (Reuters) -
India has asked banks and traders to avoid using Chinese yuan to pay for Russian imports, three government officials involved in policy making and two banking sources said, because of long-running political differences with...
ØOnce the proposal from the IMF is received; it will be presented to Parliament for consideration. The Parliament may either agree to it or propose an alternative solution
ØIf the Government program fails, the country will be pushed to a...
KEY POINTS
Sri Lanka needs institutional reforms in order to achieve long-term debt sustainability, said Steve Hanke, who played a key role in establishing new currency regimes in emerging markets
The South Asian country is grappling with its worst...
Colombo, March 10: The annual threat assessment of the US intelligence community dated February 6, 2023, includes the possibility of armed clashes between India and China and India-Pakistan. Globally, the US sees China, rather than Russia, as the greatest...
Sri Lanka president expects funds from ADB, WB after IMF loan
Stocks, bonds and currency advance on bailout optimism
China has given assurances that it will support Sri Lanka’s debt restructuring, potentially clearing the biggest hurdle for the South...
