Search For "crisis"
Foreign debt payments default will put pressure on banking sector: Sri Lan
Updated : 4 years, 3 months ago IST
Colombo [Sri Lanka], April 13 (ANI): Reacting to the Sri Lanka government's temporary suspension of payment of all foreign debts, former Prime Minister Ranil Wickremesinghe said that this will place further pressure on the banking sector in the country.
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South Korea to supply Ukraine with additional non-lethal aid
Updated : 4 years, 3 months ago IST
Seoul [South Korea], April 13 (ANI/Sputnik): South Korea intends to send additional non-lethal military aid worth 2 billion won ($1.6 million) to Ukraine in April amid Russia's special military operation therein, the Yonhap news agency reported on Wednesday, citing an informed source.
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On eve of Sri Lankan New Year, PM Rajapaksa offers to hold talks with prot
Updated : 4 years, 3 months ago IST
Colombo [Sri Lanka], April 13 (ANI): Sri Lanka's Prime Minister Mahinda Rajapaksa said on Wednesday that as the country's prime minister, he is ready to speak with the protesters who have been protesting against the government at Galle Face in Colombo for five days over the economic and p
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Imran Khan's desperate bid to cling to power brought Pakistan closer to ci
Updated : 4 years, 3 months ago IST
Islamabad [Pakistan], April 13 (ANI): Former Pakistan Prime Minister Imran Khan's unscrupulous and desperate attempts to cling on to power by inciting his followers to protest and rebellion was equivalent to a civilian coup, said a media report.
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Probability of Asia Cup 2022 being held in Sri Lanka depends on how other
Updated : 4 years, 3 months ago IST
Colombo [Sri Lanka], April 13 (ANI): Amid the ongoing economic crisis in Sri Lanka, former cricketer Arjuna Ranatunga feels that the hosting of Asia Cup 2022, in the country will depend on the nod of other nations.
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Pakistan Army claims 'propaganda campaign' launched to malign armed forces
Updated : 4 years, 3 months ago IST
Islamabad [Pakistan], April 13 (ANI): Pakistan Army on Tuesday claimed that there was a "recent propaganda" campaign by some quarters to malign the country's key institution.
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Protests intensifies in Colombo against Sri Lankan govt amidst economic cr
Updated : 4 years, 3 months ago IST
Colombo [Sri Lanka], April 13 (ANI): Protests in Colombo intensified on Tuesday against the Sri Lankan government amidst the ongoing economic crisis, despite Prime Minister Mahinda Rajapaksa's appeal to the people to keep patience in order to enable the government to resolve the situation.
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Pakistan: Shehbaz Sharif govt haunted by circular debt crisis
Updated : 4 years, 3 months ago IST
Islamabad [Pakistan], April 12 (ANI): The new Prime Minister of Pakistan is under tremendous pressure due to surging oil prices caused by the Russia-Ukraine conflict and is haunted by the circular debt crisis.
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11,000 MT rice from India reaches Colombo ahead of Sri Lanka's New Year
Updated : 4 years, 3 months ago IST
Colombo, (Sri Lanka), April 12 (ANI): Sri Lanka is all set to celebrate New year on April 14 at a time when the country is in the abyss of a severe economic crisis and as a neighbouring country, India is providing maximum help to the Island nation.
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India rushes to help Sri Lanka while China presses for FTA hurting Colombo
Updated : 4 years, 3 months ago IST
Colombo [Sri Lanka], April 12 (ANI): Even as India has rushed to help its neighbour Sri Lanka, which is facing a severe economic crisis, China has in turn been pressing the Island nation for a Free Trade Agreement that would hurt Colombo's finances.
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India distributes food packets in Sri Lankan villages
Updated : 4 years, 3 months ago IST
Colombo [Sri Lanka], April 12 (ANI): As Sri Lanka grapples with a deepening economic crisis, Indian Embassy distributed food packets to the families who are in need in Madawewa and Kirimetiyawa villages in the city of Anuradhapura, Sri Lanka on Tuesday.
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Sri Lanka succumbs to China's debt-trap diplomacy: Report
Updated : 4 years, 3 months ago IST
Colombo [Sri Lanka], April 12 (ANI): Sri Lanka, a thriving island country with a population of 22 million, has succumbed to China's debt-trap diplomacy while Colombo battles most significant economic crisis in decades amid mounting debt repayment woes.
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