Sri Lanka
Dutch to return stolen Sri Lankan treasures
The Netherlands returned formal ownership to Sri Lanka of six colonial-era treasures on Aug. 28, including a more than 275-year-old cannon inlaid with gold, silver, bronze and rubies.
At a ceremony at the cultural ministry in Colombo, Dutch deputy minister for culture, education and science, Gunay Uslu, signed over the ownership of the objects to Sri Lanka, local officials said.
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Sri Lanka may allow Indian rupee to be used in local transactions
Sri Lanka is considering the possibility of allowing the use of the Indian rupee for local transactions, as the island nation struggles to build its depleted foreign reserves and to emerge from last year's unprecedented economic crisis.
Inflation eases sharply in bankrupt Sri Lanka
Sri Lanka's inflation eased to 12 percent in June, official data showed on July 1, the lowest figures since the island nation careened into an unprecedented economic crisis last year.
Sri Lanka defaulted on its $46 billion foreign debt in April 2022 and the public endured months of food, fuel and medicine shortages.
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Sri Lanka bailout conditional on tackling corruption: IMF
Sri Lanka must not allow entrenched corruption to undermine a bailout for its bankrupt economy, the International Monetary Fund (IMF) said yesterday after signing off on a $3 billion loan for the crisis-hit nation.
The IMF approved its long-delayed rescue program on March 20 after China, the South Asian nation's biggest bilateral lender, offered debt relief assurances.
VPNs Surge Amid Protests, Conflict and War in 2022 (infographic)
Sri Lanka recorded the highest uptick
US announces $40 million agricultural aid to Sri Lanka
The United States has announced $40 million in aid to buy fertilizer and other key agricultural inputs in time for the next cultivation season in crisis-hit Sri Lanka.
USAID Administrator Samantha Power, who is visiting Sri Lanka, made the announcement after she met farmer representatives in Ja-Ela outside the capital, Colombo.
Sri Lanka troops barricade Parliament against protesters
Military troops were moving Thursday to secure Sri Lanka's parliament building against a takeover by protesters infuriated by the country's economic collapse and the embattled president's failure to resign a day after fleeing the country.
Sri Lankan President requests Vladimir Putin for Credit to import Fuel
As Sri Lanka continues to battle its worst financial crisis in seven decades, President Gotabaya Rajapaksa has sought urgent credit support to import fuel to the island nation in a telephonic conversation with the Russian President Vladimir Putin on Wednesday (local time).
Sri Lanka hikes fuel prices
Sri Lanka hiked fuel prices yesterday, creating further pain for ordinary people as officials from the United States arrived for talks aimed at alleviating the island's dire economic crisis.
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Sri Lanka leader offers to share power as protests mount
Sri Lanka's president offered to share power with the opposition yesterday as protests escalated across the country demanding his resignation over worsening shortages of food, fuel, and medicines.