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The Latest Breaking News from Colombo

Australia take winning T20 series lead in Sri Lanka

Colombo (AFP) - Sri Lankan spinner Wanindu Hasaranga took four wickets in Colombo on Wednesday but could stop Australia grabbing an unassailable 2-0 lead in the three-match Twenty20 series.

AFP

Australia need 125 to win T20I after Sri Lanka batting collapse

Colombo (AFP) - Sri Lankan batters failed to fire for the second consecutive T20 match against Australia and managed 124-9 in Colombo after the visitors won the toss and chose to field Wednesday.

AFP

Openers power Australia to thumping win over Sri Lanka in first T20

Colombo (AFP) - Australian openers David Warner and Aaron Finch smashed half-centuries in an impressive 10-wicket win against Sri Lanka in the first T20 international in Colombo on Tuesday.

AFP

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Hazlewood restricts Sri Lanka to 128 in first T20

Colombo (AFP) - Josh Hazlewood ran through hosts Sri Lanka to limit them to a modest 128 all out in the first T20 after Australia's Aaron Finch won the toss and chose to bowl in Colombo on Tuesday.

AFP

Sri Lanka urgently seeks $6 billion to keep economy afloat

Colombo (AFP) - Cash-strapped Sri Lanka on Tuesday asked the International Monetary Fund to arrange a creditor meeting for $6 billion in loans to help keep the country afloat during its unprecedented economic crisis.

AFP

Sri Lanka’s economic crisis threatens its dollar-earning IT firms

Sri Lanka’s IT sector is trying to retain talent with dollar-linked salaries as young professionals look to exodus.

Al Jazeera

Sri Lanka president vows to finish term, won’t run for re-election

COLOMBO, Sri Lanka — President Gotabaya Rajapaksa vowed to finish the remaining two years in his term despite month-slong street protests calling for his ouster, but won’t stand for re-election as he focuses on fixing a financial mess that tipped Sri Lanka into its worst-ever economic crisis.

Tribune News Service

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Australia's Finch hopes tour brings 'joy' to crisis-hit Sri Lanka

Colombo (AFP) - Australia's cricketers hope to bring some "joy" to Sri Lanka, white-ball captain Aaron Finch said on Friday, as the island nation prepares for a seven-week tour while wrestling with an unprecedented economic crisis.

AFP

Bankrupt Sri Lanka hikes taxes

Colombo (AFP) - Cash-strapped Sri Lanka on Tuesday announced steep, across-the-board tax hikes to shore up revenue as the country suffers its worst economic downturn and seeks an IMF bailout.

AFP

India sends one more consignment of 40,000 MT of diesel to crisis-hit Sri Lanka

With the economy in crisis and facing shortage of Forex, the Indian support has provided a lifeline to Sri Lanka

The Hindu

Sri Lankan woman rickshaw driver has to queue 12 hours, or more, for fuel

Lasanda Deepthi, a 43-year-old Sri Lankan woman, plans her day around fuel queues.

Reuters

Sri Lanka police tear-gas students in fresh clashes

Colombo (AFP) - Police fired tear gas to disperse thousands of students trying to storm the Sri Lankan president's home Sunday as the government offered an olive branch to demonstrators demanding his resignation.

AFP

Cash-strapped Sri Lanka gets Russian oil to ease shortages

Colombo (AFP) - Cash-strapped Sri Lanka took delivery Saturday of Russian oil -- which could soon be subject to a European embargo -- to restart operations at the country's only refinery, the energy minister said.

AFP

Crisis-hit Sri Lanka appoints PM to helm finance ministry

Colombo (AFP) - Sri Lanka's Prime Minister Ranil Wickremesinghe was on Wednesday given the additional responsibility of running the finance ministry as the island nation grapples with its worst-ever economic crisis.

AFP

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Reuters

Sri Lanka prime minister retains finance minister portfolio

Sri Lanka's Prime Minister Ranil Wickremesinghe will hold dual charge as finance minister, the president's office announced on Wednesday, and will lead talks with the International Monetary Fund (IMF) for a bailout for the crisis-hit nation.

AFP

Crisis-hit Sri Lanka hikes fuel prices to record high

Colombo (AFP) - Cash-strapped Sri Lanka sharply hiked fuel prices to a record high on Tuesday, causing further pain to the country's 22 million people in its worst crisis since independence.

Reuters

Sri Lanka increases fuel prices to address economic crisis

Sri Lanka increased fuel prices on Tuesday, a long-flagged move to mend public finances and combat its debilitating economic crisis, but the hikes are bound to add to galloping inflation at least in the short term.

AFP

Inflation in crisis-hit Sri Lanka hits new record

Colombo (AFP) - Sri Lanka's inflation hit a seventh consecutive record high in April as a petrol shortage worsened and food prices rose sharply, official data showed Monday.

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Reuters

Long fuel queues persist in Sri Lanka despite scramble to deliver supplies

Long queues snaked around gas stations in Sri Lanka's commercial capital and its outskirts on Monday even though the island nation's government was scrambling to deliver fuel supplies and douse any unrest as it battles a devastating economic crisis.

Reuters

Sri Lankan medicine shortage a death sentence for some, doctors say

A shortage of medicine caused by an economic crisis in Sri Lanka could soon cause deaths, doctors said, as hospitals are forced to postpone life-saving procedures for their patients because they do not have the necessary drugs.

The Hindu

Ship carrying relief materials from India for Sri Lankan people reaches Colombo

"More consignments from #India to follow."

AFP

Crisis-hit Sri Lanka expands cabinet, but no finance minister

Colombo (AFP) - Cash-strapped Sri Lanka appointed nine more ministers Friday to an "all-party government" tasked with trying to steer the country out of its economic crisis, but the crucial finance portfolio remains vacant.

Reuters

Thousands queue for petrol, gas in Sri Lanka amid warnings of food shortages

Thousands of people queued for cooking gas and petrol in Sri Lanka's commercial capital on Friday and Prime Minister Ranil Wickremesinghe warned of a food shortage as the island nation battles a devastating economic crisis.

Reuters

Sri Lanka fuel shortage set to ease; police clash with protesters

Sri Lanka's central bank has secured foreign exchange to pay for fuel and cooking gas shipments that will ease crippling shortages, its governor said on Thursday, but police fired tear gas and water canon to push back student protesters.

France 24

Sri Lanka's economic crisis: 'It's not looking good' for Rajapaksa family

Sri Lanka is in the grip of its worst economic crisis in decades, facing depleted petrol reserves, food shortages and a chronic lack of medical supplies. More than a month of mainly peaceful protests against the government's handling of the economy turned deadly last week when supporters of the former…

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