an economic recovery huge protests happened and there was no fuel and gas supplies were cut was of now sri lanka, after getting $2.9 billion from the international monetary fund,is from the international monetary fund, is slowly making a recovery. now it has to work at what to do with its huge debt. that is why they are discussing this five days. they approve the proposal yesterday and now they want to take it to parliament. basically, they are asking those who are holding the dollar denominated bonds to write off some of out of it. they outstanding the loan period as well, of up to perhaps 15 years and no interest free payment for at least nine year. this will give them some space to develop this economic recovery. because of these bonds are being held, they do not want to destabilise the banking sector. there will be a meltdown of the banking system if people start selling and buying, that is why the sri lankan government declared this five day bank holiday, which is also h
Hello, im matthew amroliwala. Welcome to verified live. We start with flooding described as the worst in nearly 100 years in russia and kazakstan. Thousands have been forced from their homes cities under threat, evacuations ongoing. The flooding in the urals and Western Siberia has been caused by unseasonably warm temperatures, which has melted snow. In the russian city of 0renburg home to half a Million People the authorities said water levels had reached dangerous levels. Thousands of people have left the city. 0renburg is downstream from the city of 0rsk, which was inundated when a dam burst last week. Live now to moscow and our Russia Editor steve rosenberg. Steve, editor steve rosenberg. Give me a sense of the sc of steve, give me a sense of the scale of this . ,. , , of this . The first thing to say is that spring of this . The first thing to say is that Spring Flooding of this . The first thing to say is that Spring Flooding is of this . The first thing to say is that Spring Flo
And with just over 100 days to go until the paris olympics, the river seine water could be unsafe for athletes. Let mejust bring let me just bring you some breaking news that has come in in the last few seconds, Imported News Being reported by reuters. They report that three sons of the hamas leader have been killed in israeli air strikes in gaza. That has come from a Hamas Affiliated news agency. The leader has been based in qatar, but they are quoting the Hamas Affiliated news agency on the ground, saying that three sons of the hamas leader have been killed in an israeli air strike in gaza. So thatis an israeli air strike in gaza. So that is significant. We will try to find out more details on that in the coming minutes. Sport, and for a full round up from the bbc sport centre, heres chetan. Good afternoon. We start with news that athletics will become the first sport to introduce prize money at the olympics in paris this summer. The governing body, World Athletics, is breaking 128 y
policy court of appeal. isn t the whole policy unravelling? not court of appeal. isn t the whole policy unravelling? court of appeal. isn t the whole policy unravelling? not at all. our bill is absolutely policy unravelling? not at all. our bill is absolutely essential - policy unravelling? not at all. our bill is absolutely essential as - policy unravelling? not at all. our bill is absolutely essential as an i bill is absolutely essential as an element in fixing this problem. it will allow us to detain and remove those who arrive here illegally. the problem is out of control. 16,000 people arrived here illegally last year, it is costing the british taxpayer £6 million a day in hotel accommodation. that is why the british people want us to fix this problem. the system is rigged against them, and that is why we are doing everything in our power to fix the system, change our laws and stop the system, change our laws and stop the boats. but the system, change our laws and stop the b