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The UK is set to be one of the worst performing major economies in the world this year, according to the International Monetary Fund (IMF). It says the UK economy’s performance in 2023 will be the worst among the 20 biggest economies, known as the G20, which includes sanctions-hit Russia. The IMF predicts the UK […]
At least 34 migrants from sub-Saharan Africa – including children and babies – are missing off the Tunisian coast after their boat capsized. It is the fifth migrant boat to sink in two days, with seven people confirmed dead so far, and 67 still missing. Authorities believe the boat was heading for Italy. The Tunisian […]
By Samira Hussain Pakistan’s former prime minister, Imran Khan, is threatening to dissolve two provincial assemblies in a high-stakes attempt to force the federal government to hold early elections. The dissolution of legislatures controlled by his party in Punjab and Khyber Pakhtunkhwa is set for 23 December, about a year before elections are due. “For […]
The three-year-old is losing weight and complains of leg pains and weakness. The doctor's diagnosis is clear - Nitisha is underfed and malnourished.The post Sri Lanka’s children go hungry as food prices soar appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
By Michael Rowand As Sri Lankan protesters stormed the presidential residence in Colombo, the Chinese Embassy released no statements and did not tweet. The Chinese Ministry of Foreign Affairs offered no comment until Monday afternoon, well behind others such as India, the European Union, and the United States. The French Embassy even retweeted a tweet […]
Sri Lanka speaker says he mistakenly told BBC that the president had left the country.
[…]The post Aragalaya: People’s Response To Rajapaksa-Made Crisis appeared first on Colombo Telegraph.
By Nick Beake Billions of dollars of Chinese money are boosting some European economies – but some of the deals being struck have a catch. Critics say they are “debt traps”, where China gets to choose what happens if loans aren’t repaid. China insists it is a reliable investment partner – but it is also […]
LONDON (Reuters): Britain’s economy shrank far more than expected in the second quarter, battered by everything from an extra public holiday to government spending cuts and the neighbouring euro zone crisis. Finance minister George Osborne said figures released on Wednesday showed Britain had “deep-rooted economic problems,” adding that the slump in the second quarter was ...
The sports minister in Sri Lanka has vowed to continue bidding for more international sporting events despite the failure to secure 2018 Commonwealth Games in Hambantota. Sri Lanka lost to Australia’s Gold Coast in Saint Kitts last year, after a lengthy bidding process spending Rs. 880 million. But Sports Minister Mahindananada Aluthgamage told BBC Sinhala ...
The newly elected president of Sri Lanka Cricket (SLC) has once again has predicted that at least five years will be needed to resolve its financial crisis. Upali Dharmadasa, who was elected uncontested on 03 January, said the SLC will get a considerable amount of income from future tours
have not been paid for months as a result of financial crisis it is facing since hosting the World C...
Following is the address delivered by Senior Minister for International Monetary Cooperation Dr. Sarath Amunugama at the fourth South Asia Economic Summit (SAES IV) Plenary Session: In the aftermath of the global economic crisis, there has been a noticeable shift in economic clout, moving from the USA and the debt-plagued countries of the Eurozone, to ...
Sri Lanka Cricket (SLC) has sought financial help from the government and state banks. SLC treasurer Sujeewa Rajapakse told the BBC that the board has sought a grant from the two bodies. .
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