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The Latest Breaking News from Sri Lanka

Sri Lanka says World Bank agrees to provide $600M in financial aid

The World Bank has agreed to provide Sri Lanka with $600 million in financial assistance to help meet payment requirements for essential imports, the Sri Lankan president's media division said in a statement on Tuesday.

Reuters

Ukrainians have a right to defend themselves, says Norwegian Foreign Minister

Democracies are being threatened all over the world, says Anniken Huitfeldt

The Hindu

Cash-strapped Sri Lanka to sell 'golden' visas

Colombo (AFP) - Cash-strapped Sri Lanka announced on Tuesday it would sell long-term visas to attract desperately needed foreign currency after the island nation ran out of dollars to pay even for food and fuel.

AFP

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Sri Lanka discusses loan from China to cover earlier debts

Sri Lanka’s government says China does not want to restructure its loans to the island nation but is discussing making an additional loan to help with repayment of existing debts

The Independent UK

Sri Lanka begins talks with China on refinancing debt

Sri Lanka has begun discussions with China about refinancing its debt, a cabinet spokesman said on Tuesday, as Colombo struggles with its worst financial crisis in decades.

Reuters

IMF urges Sri Lanka to tighten monetary policy, raise tax to address debt woes

Sri Lanka must tighten monetary policy, raise tax and adopt flexible exchange rates to address its debt crisis, a senior International Monetary Fund (IMF) official said on Tuesday.

Reuters

Pope asks Sri Lanka to reveal Easter bombers over conspiracy murmurs

Vatican City (AFP) - Pope Francis urged Sri Lankan authorities on Monday to reveal who was behind the country's 2019 Easter bombings in an attack the island's Catholics suspect was a plot to propel President Gotabaya Rajapaksa to power.

AFP

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Sri Lanka shares plunge as Buddhist leaders ask govt to resign

Colombo (AFP) - Sri Lanka's stock market halted trading after a nearly 13 percent plunge Monday as the island nation's beleaguered government faces new pressure to resign from influential Buddhist leaders over a crippling economic crisis.

AFP

How bad do things have to get in Britain before we start to see solidarity emerge?

Despite a widespread sense of anger against the government, narratives of division still prevail, stymying public unity, says the journalist Moya Lothian-McLean

The Guardian - UK

Sri Lanka exchange halts again after 13% plunge

Colombo (AFP) - Crisis-hit Sri Lanka's stock exchange halted again Monday after a nearly 13 percent plunge, derailing the bourse's tentative reopening after a two-week break aimed at forestalling a market collapse.

AFP

Sri Lanka students mob PM's home over economic crisis

Colombo (AFP) - Thousands of Sri Lankan university students mobbed Prime Minister Mahinda Rajapaksa's home on Sunday demanding his resignation over the island nation's worsening economic crisis.

AFP

State awaits Centre’s word on asylum seekers from Sri Lanka

18 persons arrived recently in Dhanushkodi on Friday, taking the total to 60

The Hindu

World Bank readies Sri Lanka aid package, IMF calls loan talks 'fruitful'

The International Monetary Fund said on Saturday it held "fruitful technical discussions" with Sri Lanka on its loan request, while the World Bank said it was preparing an emergency aid package for the crisis-stricken country.

Reuters

India extends additional $500 million credit line to Sri Lanka for purchasing fuel

Sri Lanka needs at least $4 billion to tide over its mounting economic woes.

The Hindu

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AFP

Loyalists turn on Sri Lanka PM as protest pressure grows

Colombo (AFP) - Sri Lanka's beleaguered prime minister came under increasing pressure to step down on Saturday, as staunch allies broke ranks and backed street protests calling for resignations over a worsening economic crisis.

The Hindu

Fishing for workable solutions in the Palk Bay

A pragmatic approach is the first of options available to resolve the festering India-Sri Lanka fisheries issue

AFP

Health crisis looms as Sri Lanka medicines run out

Colombo (AFP) - By the time he reached a third Colombo pharmacy out of stock of the drug his cancer-stricken wife desperately needs, Dawood Mohamed Ghany was distraught.

AFP

Cash-strapped Sri Lanka hit by record inflation

Colombo (AFP) - Crisis-hit Sri Lanka's inflation hit a record high for the sixth consecutive month, official data showed on Friday as the government asked the IMF for an urgent bailout.

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ABC News

China's bid for influence in Asia does not stop with Solomon Islands. This is how Beijing gained a foothold in Sri Lanka

While Australian and US officials express shock and disappointment over Beijing's deal with Solomon Islands, China has been making diplomatic and economic inroads across the region for years.

The Hindu

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

A total of close to 400,000 MT of various types of fuel have been delivered with Indian assistance in two months

Al Jazeera

‘A curse’: Three years since Easter Sunday bombings in Sri Lanka

Protesters in Colombo demand justice on the third anniversary of devastating attacks in several churches and hotels.

The Hindu

A chance to hit refresh in Sri Lanka

Could the pluralistic ethos of the uprising bring the country back from Sinhalese majoritarianism?

The Independent UK

Rights group demands probe into Sri Lanka police shooting

A leading human rights group is demanding that Sri Lankan authorities conduct a prompt and impartial probe into a police shooting

The Hindu

Morning Digest | Bulldozers came into Jahangirpuri without a warning; Protests intensify in Sri Lanka over killing of anti-government protester, and more

A select list of stories to read before you start your day

Reuters

A protest in a small Sri Lankan town that quickly turned deadly

When K.D. Chaminda Lakshan was wheeled into the Kegalle Teaching Hospital in central Sri Lanka around 6 p.m. on Tuesday, the father of two was fighting for his life.

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