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    Sri Lanka May consumer prices soar 45.3% y/y, highest since 2015

    Sri Lanka May consumer prices soar 45.3% y/y, highest since 2015

    21 Jun 2022

    Sri Lanka’s headline inflation accelerated in May to the highest since 2015 due to rising food and transport costs, as the island nation grappled with its worst economic crisis in...

    Bankrupt Sri Lanka opens IMF talks, begins shutdown

    Bankrupt Sri Lanka opens IMF talks, begins shutdown

    20 Jun 2022

    Sri Lanka closed schools and halted all non-essential government services on Monday, beginning a two-week shutdown to conserve fast-depleting fuel reserves as the International Monetary Fund opened talks with...

    Nissanka stars as Sri Lanka cruise past Australia in third ODI

    Nissanka stars as Sri Lanka cruise past Australia in third ODI

    19 Jun 2022

    Sri Lanka went 2-1 up on Sunday as they cruised to a six-wicket victory over Australia in the third One-Day International (ODI) thanks to a brilliant Pathum Nissanka century....

    Sri Lanka troops open fire to contain fuel riots

    Sri Lanka troops open fire to contain fuel riots

    19 Jun 2022

    Sri Lanka's military opened fire to contain rioting at a fuel station, officials said Sunday as unprecedented queues for petrol and diesel were seen across the bankrupt country. Troops...

    Cash-strapped Sri Lanka announces weekly fuel quotas for motorists

    Cash-strapped Sri Lanka announces weekly fuel quotas for motorists

    12 Jun 2022

    Crisis-hit Sri Lanka announced weekly fuel quotas for motorists on Sunday, as an acute shortage worsened and longer queues formed outside the few pumping stations still operating. Energy minister Kanchana...

    Sri Lanka PM Wickremesinghe says he's open to Russian oil

    Sri Lanka PM Wickremesinghe says he's open to Russian oil

    12 Jun 2022

    Sri Lanka may be compelled to buy more oil from Russia as the island nation hunts desperately for fuel amid an unprecedented economic crisis, the newly appointed prime minister...

    Ruling family still holds key to Sri Lanka’s future

    Ruling family still holds key to Sri Lanka’s future

    08 Jun 2022

    Alasdair Pal and Devjyot Ghoshal, Reuters It was the moment when two brothers who had dominated Sri Lanka’s politics for nearly 20 years finally went their separate ways. On...

    Sri Lanka will need $5 bln in next six months for essentials: Prime Minister

    Sri Lanka will need $5 bln in next six months for essentials: Prime Minister

    07 Jun 2022

    Sri Lanka's cash-strapped government will need at least $5 billion in the next six months to maintain basic standards of living, including some $3.3 billion for fuel imports, the...

    Sri Lanka holds its breath as new PM fights to save economy

    Sri Lanka holds its breath as new PM fights to save economy

    06 Jun 2022

    It has been nearly three weeks since Ranil Wickremesinghe took over as prime minister of Sri Lanka with a daunting mandate to pull the crisis-weary country from the brink...

    Asia Cup likely to be moved to UAE: Sources

    Asia Cup likely to be moved to UAE: Sources

    05 Jun 2022

    Mohammad Abdullah, Gulf Today There can be yet another chance for the cricket lovers to rejoice as Asia Cup is likely to be moved to the UAE, according to...

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