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Sri Lanka Crisis: Debt-ridden nation s parliament is likely to reconvene on July 15 and a new President may be elected on July 20, Reuters quoted country s parliamentary speaker as saying. ....
Prime Minister Ranil Wickremesinghe said Sri Lanka is unable to purchase imported fuel, even for cash, due to heavy debt owed by its petroleum corporation. ....
South Asia News: COLOMBO: Embattled Sri Lankan President Gotabaya Rajapaksa on Monday expanded the Cabinet with the induction of eight more ministers but he did not ap. ....
Sri Lanka has defaulted on its debt for the first time in its history as the country struggles with its worst financial crisis in more than 70 years ....
Sri Lanka crisis: Prime minister Wickremesinghe - less than a week into the job - said he was forced to print money to pay salaries, which will pressure the nation’s currency. ....