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Dealers with links to black market dollar trade enter commodity imports
Several dealers with links to black market dollar trading registered with the Trade Ministry under the US$ 1 billion Indian credit line are now active in the import of essential commodities taking advantage of easing restrictions on open account transactions, a Pettah Traders Association’s high ranking member alleged.
UN urges to ensure peaceful and constitutional transfer of power in Sri lanka
The head of the UN Country Team in Sri Lanka has urged senior politicians to ensure a peaceful transfer of power in line with the national Constitution, following weeks of protests that finally saw the resignation of President Gotabaya Rajapaksa on Thursday.
Ukraine blames Russia for Ongoing Crisis in Sri Lanka
Ukrainian President Volodymyr Zelensky blamed Russia for causing unrest in Sri Lanka as well as around the world due to the blocking of food products during the invasion of Ukraine.
The Observer view on the upheaval in Sri Lanka
Sri Lankans are to be congratulated on their ousting of the Rajapaksa family, crowned by last week’s hasty flight into exile of the country’s president, Gotabaya Rajapaksa.
Ranil Wickremesinghe: Can Sri Lanka’s acting president restore order?
Ranil Wickremesinghe has suddenly been promoted from being Sri Lanka's prime minister to its new interim president - but how long he lasts in that job is an open question.