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13hon MSN
Sri Lanka’s top court has ordered the owners of a Singapore-flagged container ship that sank in 2021 to pay $1 billion in ...
The cargo also contained nurdles, small pellets used in plastic manufacturing, that soon started appearing on the beaches of India and Sri Lanka. At the time of Rodrigo’s reporting, nurdles had been ...
Sri Lanka, an island nation of 22 million, is facing an economic and political crisis, with protesters taking to the streets in defiance of curfews and government ministers stepping down en masse.
Sri Lanka's central bank said on Tuesday it had become "challenging and impossible" to repay external debt, as it tries to use its dwindling foreign exchange reserves to import essentials like fuel.
Sri Lanka defaulted on its debt last spring, and it is now in discussions with the International Monetary Fund over a bailout package that could inject $2.9 billion in much-needed cash into its ...
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