Sri Lankan security personnel and Buddhist monks clash during a protest in the southern port city of Hambantota, Sri Lanka. AFP
The Central Bank of Sri Lanka monetary board reduced its lending rate by 100 basis points to 5.5 percent. The deposit rate was cut by the same amount to 4.5 percent.
The Central Bank of Sri Lanka (CBSL) has decided to extend a debt moratorium for the country’s crisis-hit tourism sector by six months. A debt moratorium on capital and interest for Sri Lanka’s tourism sector
The number of international tourist arrivals in Sri Lanka declined for the twelfth straight month in March 2020 by 70.8 per cent in comparison to a year ago as the tourism industry is hit hard by the coronavirus outbreak.
The Writers Guild of America (WGA) and the Alliance of Motion Picture and Television Producers have reached a draft agreement which is to be ratified by members of WGA. This was preceded by a 148-day strike, which began on May 2. This was a protest against the use of AI in the work of writers, and giving
The federal government is just days away from a shutdown that will disrupt many services, squeeze workers and roil politics as Republicans in the House, fueled by hard-right demands, force a confrontation over federal spending.
The feds are coming after Google. In January, the Department of Justice filed an antitrust lawsuit alleging that the technology giant monopolised the lucrative space of digital advertising. A sure-to-be exhaustive trial underway in the US District Court in Washington is expected to last until November.
A few days before attending a small gathering of friends, I came down with cold, allergy, flu or possibly COVID-19 symptoms. It was at the beginning of what has become a summer surge of COVID-19 cases, and though I had tested negative for COVID-19 twice over 48 hours, I decided it was still better to not attend.