China Buying 1 Lakh Endangered Monkeys For Experiments
Gunadasa Samarasinghe, the top bureaucrat in Sri Lanka’s Ministry of Agriculture, has confirmed that China is buying one lakh endangered monkeys.
Will Malaysia Go Bankrupt Like Sri Lanka?
Will Malaysia go bankrupt like Sri Lanka? Tengku Zafrul Tengku Abdul Aziz, the finance minister of Malaysia, responded to suggestions that due to government debt, the nation would experience financial devastation similar to that of Sri Lanka.
List Of Countries With The Highest Default Risk
According to Bloomberg’s Sovereign Debt Vulnerability Ranking, here is the list of countries with the highest default risk.
India Allows International Trade Settlement In Rupee With Russia And Sri Lanka
A notification from the RBI has announced that India now allows international trade settlement in Rupee with Russia, Sri Lanka, and other nations.
How A Band Of Activists Brought Down The Sri Lankan Government
The movement began in March, when thousands flocked to the streets to protest long power outages and rising prices, as well as to demand that the Rajapaksa family that had dominated the country’s politics for much of the last 20 years to leave power. This is how a band of activists brought down the Sri Lankan government.
Timeline Of Sri Lanka’s Economic Crisis
Sri Lanka’s current economic crisis has emerged as a result of years of poor economic management. The timeline below considers the factors behind it.
Russian Oil Saves Sri Lanka From Energy Crisis
Considering that Sri Lanka owes more than $50 billion in foreign debt, it remains uncertain how it compensated for the Russian crude. But the deal has been done as Russian oil is saving Sri Lanka from an energy crisis.
Pandemic Creates New Billionaire Every 30 Hours — Pushing Millions Into Extreme Poverty
According to Oxfam Australia Chief Executive Lyn Morgain, the pandemic created a new billionaire every 30 hours and pushed a million into extreme poverty every 33 hours.
Crisis-Hit Sri Lanka Defaults On Debt As It Runs Out Of Fuel
The Sri Lankan government has announced that citizens should not wait in line for petrol as the crisis-hit Sri Lanka defaults on debt and runs out of fuel.
Sri Lanka Has Only One Day Of Petrol Left
Sri Lanka merely has enough petrol to span a single day, and the country’s new prime minister has cautioned that power shortages could last up to 15 hours every day, as it confront its biggest economic crisis ever since independence in 1948.