Sri Lanka PM Mahinda Rajapaksa to propose constitutional amendment
Colombo/UNI/Xinhua: Sri Lankan Prime Minister Mahinda Rajapaksa is set to propose to the cabinet an amendment to the constitution, the PM's media unit said on Monday.
Sri Lanka Economic Crisis: Govt announces default on all $51 billion debt
Colombo: Sri Lanka has run out of foreign exchange and its government on Tuesday announced that it will be defaulting on all its external debt $51 billion as a last resort to prevent further deterioration of its financial position.
Fighting financial crisis: Sri Lanka hopes for $2.5bn rescue loan from China
Colombo: Sri Lankan officials are confident that they will receive a $2.5 billion rescue loan from China as financial support to help it ride through the economic crisis being faced by it, Al Jazeera reported on Tuesday.
'Every minute you protest, country deprived of dollar inflow': Mahinda Rajapaksa addresses nation
Colombo/IBNS: Sri Lanka Prime Minister Mahinda Rajapaksa, who is facing raging protests in the country amid the worst economic crisis, on Monday explained that the Covid lockdown in a weak economy depleted foreign reserves resulting in the present situation.
'Gota Go Gama' stir site near SL House
Colombo: People protesting against the Sri Lankan government over the acute shortage of essential commodities and the current economic crisis have renamed the agitation site near the presidential secretariat "Gota Go Gama".
Respect and protect basic human rights in Sri Lanka, UN experts urge
New York: Following this week’s crackdown on non-violent demonstrations in Sri Lanka, independent UN human rights experts urged the government on Friday to “ensure that all human rights be respected and protected” and guarantee the fundamental rights of peaceful assembly and expression.
Indian businessman Sanjay Baid helps Sri Lanka as country fights severe economic crisis
An Indian businessman is trying to help people in Sri Lanka, who are facing a severe economic crisis, under the company's Corporate Social Responsibility (CSR), media reports said.
Sri Lanka: Mishandling of economic crisis triggers alarm over rights violations
New York: The UN human rights office (OHCHR) on Tuesday urged authorities in Sri Lanka to defuse tensions peacefully, after a state of emergency was declared in response to protests over the country’s deepening economic crisis.
Sri Lanka revokes state of emergency even as protests spread
Colombo/IBNS: Sri Lankan President Gotabaya Rajapaksa on Tuesday night revoked the emergency rule ordinance that had gone into effect on April 1, even as the government struggles to combat protests amid the nation's worst economic crisis.
Sri Lanka's finance minister quits one day after joining
Colombo: Amid a deepening economic crisis and growing public unrest, Sri Lanka's finance minister Ali Sabry has resigned a day after being sworn in.
Sri Lanka crisis: Students march to PM Mahinda Rajapaksa's house in rain as protests spiral
Colombo/IBNS: The Sri Lankan crisis spiralled on Tuesday with the Mahinda Rajapaksa government temporarily shutting down embassies in Australia, Norway and Iraq.
Sri Lankan President Gotabaya Rajapaksa says won’t step down
Colombo: Sri Lankan President Gotabaya Rajapaksa has informed senior party leaders that he will not step down from the Presidency but will hand over the government to whoever holds 113 seats in Parliament.
Over 40 MPs desert Sri Lankan President Gotabaya Rajapaksa
Colombo: More than 40 MPs have deserted Sri Lankan President Gotabaya Rajapaksa's coalition government deepening the political crisis in a country which is reeling under the worst economic crisis since its independence in 1948.
Sri Lanka violence: 36-hour curfew lifted
Colombo/UNI: The 36-hour curfew in Sri Lanka, which was imposed amid anti-government protests, was lifted on Monday.
Sri Lankan crisis: Cabinet ministers resign en masse
Colombo: The worsening economic crisis in Sri Lanka saw cabinet ministers resigning en masse after protests over the government's handling of the situation, BBC reported on Monday.