China will support Sri Lanka’s debt rework, says Central bank governor
Sri Lanka expects China to aid its attempt to restructure money owed and assist it start repaying its obligations, in line with the state`s critical financial institution governor. The united states additionally objectives to quick entire negotiations with reliable and…
Pakistan Following Sri Lanka’s Path Into Chinese Debt Trap: Report
Islamabad: Pakistan’s already fragile financial system suffered some other setback whilst lately China demanded compensation, through November 2023, of USD 55.6 million for the Lahore Orange Line Project, pronounced Italian booklet Osservatorio Globalizzazione. Meanwhile, on the cease of March, the…
Sri Lankan crisis hands Indian airlines an opportunity on a platter, will they grab it?
Recent weeks had been turbulent for Sri Lanka. Sinking overseas foreign money reserves, raging inflation and political instability have had many casualties and amongst them are airline flights. A couple of weeks ago, information surfaced that the authorities can be…
In Sri Lanka’s Giant Economic Mess, The Big China Link
Sri Lanka is struggling its worst financial disaster when you consider that its independence from Britain in 1948. Months of prolonged blackouts and acute shortages of meals, gasoline and drugs have infuriated the general public, with massive protests stressful the…
Senior Lankan Military Officer Explains ‘3-Step’ Shoot-At-Sight Orders
Soon after sensational claims of Sri Lankan government issuing shoot-on-sight orders on Tuesday to quell unrest an afternoon after the island became hit via way of means of lethal violence and rioting over a dire monetary crisis, the Lankan authorities…
Crowds jeer Sri Lankan PM on rare outing
Boos and heckles greeted Sri Lankan Prime Minister Mahinda Rajapaksa Sunday on his first public day trip considering the fact that national protests erupted disturbing his ruling own circle of relatives renounce over the worsening financial disaster. Months of blackouts…