Search For "crisis"
India extended Line of Credit worth USD 1.85 bn to Sri Lanka in 10 years:
Updated : 3 years, 8 months ago IST
New Delhi [India], July 22 (ANI): India has extended 8 Lines of Credit (LOCs) to Sri Lanka amounting to USD 1850.64 million in the past 10 years, External Affairs Minister (EAM) S Jaishankar said on Friday.
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New Sri Lankan PM Dinesh Gunawardena, 17 ministers take oath
Updated : 3 years, 8 months ago IST
Colombo [Sri Lanka], July 22 (ANI): Dinesh Gunawardena was sworn in as the prime minister of Sri Lanka by President Ranil Wickremesinghe on Friday along with 17 other cabinet ministers.
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Sri Lanka: 9 arrested during clashes at Galle Face protest site, says Poli
Updated : 3 years, 8 months ago IST
Colombo [Sri Lanka], July 22 (ANI): As many as nine people were arrested in the early hours of Friday at the Galle Face protest site, in a face-off between protesters and armed security personnel.
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Dinesh Gunawardena sworn in as 15th Prime Minister of Sri Lanka
Updated : 3 years, 8 months ago IST
Colombo [Sri Lanka], July 22 (ANI): Dinesh Gunawardena on Friday took oath as Sri Lanka's new prime minister.
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"Brutal and Despicable" says Sri Lanka's rights body on action against Gal
Updated : 3 years, 8 months ago IST
Colombo [Sri Lanka], July 22 (ANI): Terming the actions of Sri Lankan authorities on the peaceful protesters at Galle Face "brutal and despicable", the country's Human Rights Commission condemned the act and urged the state to conduct its own investigation to ensure that rule of law is ma
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Lebanese President urges IMF to conclude aid deal with Beirut
Updated : 3 years, 8 months ago IST
Beirut [Lebanon], July 22 (ANI/Xinhua): Lebanese President Michel Aoun on Thursday urged the International Monetary Fund (IMF) to conclude the aid agreement with the crisis-ridden country, saying Lebanon has been adopting the needed structural reforms.
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India will continue to be supportive of people's requirements in Sri Lanka
Updated : 3 years, 8 months ago IST
Colombo [Sri Lanka], July 21 (ANI): As Sri Lanka continues to suffer the blow of a poor economy and political turmoil, India's High Commissioner to Sri Lanka, Gopal Baglay said that India will continue to assist the people of the island nation and contribute to the country through investm
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60 essential medicines vanish from Pakistani markets due to spike in produ
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 21 (ANI): With the economy shrinking and rising inflation in Pakistan, around 60 essential medicines, including suicide-prevention drugs, have vanished from the market due to the spike in the cost of production, prompting psychiatrists to fear high suicide cases in
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Pakistani rupee, stocks continue downward trend, experts blame country's p
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 21 (ANI): With the rupee hitting a record low level, losses at the Pakistan Stock Exchange (PSX), high inflation and low forex reserves of the country recently, experts in Pakistan believe that the delay in the loan facility from IMF and domestic political upheaval
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Afghanistan: Taliban arrest politician
Updated : 3 years, 8 months ago IST
Kabul [Afghanistan], July 21 (ANI): Sayed Javad Hosseini, leader of the Afghan Justice and Development Party was arrested by the Taliban in his home, a local media outlet reported.
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Asia Cup to be held in UAE, confirms BCCI president Sourav Ganguly
Updated : 3 years, 8 months ago IST
Asia Cup 2022 was supposed to be held in Sri Lanka but due to the ongoing economic crisis, the event has been shifted to UAE.
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Pak: Business community warns of Sri Lanka-like crisis as rupee in freefal
Updated : 3 years, 8 months ago IST
Karachi [Pakistan], July 21 (ANI): As the dollar touched an all-time high of 224.92 against the Pakistani rupee, the business community gathered at the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) to analyse the looming threat of a Sri Lanka-like economic emergency.
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