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Sri Lanka seeks US$ 300 million credit line from Russia with love
Sri Lanka is turning to Russia for overcoming the grave fuel crisis while renewing the bilateral ties at a time where the country has been depending on US , India, China, Japan and even Bangladesh credit lines.
Costly food and energy are fostering global unrest
“Money no longer had any value in Istanbul,” laments the narrator of “My Name is Red”, a novel by Orhan Pamuk set in the 16th century....
Sri Lanka Trade Development Council demands Govt. to save SMEs
Lanka Trade Development Council (SLTDC) recently demanded immediate action from the Government to protect the small and medium enterprises (SMEs) with a plan to Cabinet paper, warning they would otherwise bring all engaged in the sector to the streets.
UK Parliament suggests attaching HR conditions to IMF bailout for SL
Conservative Member of the Parliament of the United Kingdom, Eliot Colburn urged the UK Government ensure that any IMF bail-out is attached to human rights conditions, similar to that of GSP+.
As Sri Lanka’s crisis deepens , India extends more humanitarian aid
As Sri Lanka grapples with a massive economic crisis , India yesterday (June 24) delivered a humanitarian consignment containing 15,000 metric tons of essential items including rice, milk powder and pharmaceuticals to Sri Lanka.