Sri Lanka is facing a critical foreign exchange crisis, says finance minister Basil Rajapaksa
The Hindu
The corona virus pandemic has battered the economy of the island nation which is dependent on tourism and tea exports
Sri Lanka is facing a severe foreign exchange crisis as the island nation, which depends heavily on tourism and tea exports, was battered by the coronavirus pandemic, Finance Minister Basil Rajapaksa has said. He added that state coffers also suffered huge revenue losses due to the COVID-19 outbreak. The Finance Minister told Parliament on Tuesday that Sri Lanka was facing a severe external crisis as well as a domestic crisis with revenues falling and expenses continuing to rise.
Vance to meet Danish and Greenlandic officials in Washington as locals say Greenland is not for sale
U.S. Vice-President Vance to meet Danish and Greenlandic officials amid local resistance to Greenland's potential sale to the U.S.
Toby Kiers wins the Tyler Prize for her groundbreaking research on vital underground fungal networks and their ecological significance.
Syrian Army and Kurdish forces clash in eastern Aleppo, escalating tensions amid stalled negotiations over military integration.
South Korea's President Lee orders review to potentially restore the 2018 military pact with North Korea aimed at reducing tensions.
Claudette Colvin, a civil rights pioneer, has died at 86, remembered for her courageous stand against segregation in 1955.
Iraqi officials arrest Kazem Hamad, an Australian national security threat linked to arson attacks, following a police investigation.
U.S. confirms release of multiple detained Americans in Venezuela following Maduro's capture, signaling a potential shift in relations.
Iran protest updates: Death toll from crackdown on protests in Iran jumps to at least 2,571, activists say. Follow The Hindu for LIVE updates
Trump gestures at a critic during a Ford plant visit, prompting embarrassment from Ford's chairman amid election campaign efforts.
Bangladesh's interim leader warns of disinformation threats to February elections, urging UN support to combat misinformation.
Costa Rica's security chief reveals an uncovered assassination plot against President Chaves ahead of upcoming elections.
Kim Yo Jong declares South Korea's hopes for improved relations with North Korea as an unachievable illusion, criticizing recent diplomatic overtures.
Bill and Hillary Clinton refuse to testify in House Epstein probe, labeling it a partisan investigation amid potential contempt charges.