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Ukraine cease-fire urgent: UN

UN Secretary-General Antonio Guterres on Monday again called for an immediate humanitarian cease-fire in Ukraine to allow for the delivery of life-saving aid as...

Sri Lanka downgraded by another rating agency

Moody’s on Monday downgraded Sri Lanka to Ca from Caa2 following the government’s suspension of principal and coupon payments on offshore public debt. The rating...

South Africa flood toll rises to 443

The death toll from floods that have battered South Africa climbed above 440 on Sunday as abating rains allowed rescue operations to accelerate after...

Second British man captured in Mariupol – 6,824 foreign mercenaries from 63 countries are in Ukraine

A former British soldier who fought with the Ukrainian army has appeared on Russian television in a video where he identifies himself as: “Shaun...

Sri Lanka’s true inflation at 74% in April – Prof. Steve Hanke

Sri Lanka’s headline inflation measured by Hanke’s Annual Inflation Index hit a staggering 74 percent in the year through April 15, 2022 as prices...

India and IMF are trying to bailout Sri Lanka

Sri Lanka has sought India’s assistance in garnering international support to secure bridge financing as it enters negotiations with the International Monetary Fund (IMF)...

Russian flagship sinks

The Russian missile cruiser Moskva, the flagship of the Black Sea Fleet, sank while being towed into port amid stormy sea conditions, the Defence...

India offers another $2 billion in financial assistance to Sri Lanka

India is willing to commit up to another $2 billion in financial assistance to Sri Lanka while also supporting the island nation with food...

Sri Lanka seeks $4 Bn from IMF

The International Monetary Fund (IMF) on Wednesday (13) said that it supported Sri Lanka's plans to engage in "collaborative dialogue" with creditors, a day...

Sri Lanka PM appeals for ‘patience’ from protesters

Sri Lanka's Prime Minister Mahinda Rajapaksa pleaded for "patience" Monday as thousands continued to take to the streets to protest his family's rule, with...

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