Sri Lanka’s debt-laden economy has “collapsed” after months of shortages of food, fuel and electricity, its prime minister told lawmakers Wednesday (22), in comments underscoring the country’s dire situation as it seeks help from…
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Hamilton Reserve Bank Ltd., which holds more than US$ 250 million of Sri Lanka’s 5.875% International Sovereign Bonds due July 25, filed a lawsuit Tuesday (21) in a New York federal court seeking full payment of principal and interest.
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Sri Lanka closed schools and halted non-essential government services on Monday (20), starting a two-week shutdown to conserve fast-depleting fuel reserves as the International Monetary Fund (IMF) opened talks with Colombo on a possible…
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Sri Lanka's military opened fire to contain rioting at a fuel station, officials said Sunday (19) as unprecedented queues for petrol and diesel were seen across the bankrupt country
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Sri Lankan authorities on Friday (17) announced a two-week shutdown of government offices and schools, as public transport ground almost entirely to a halt due to a lack of dollars to pay for imported fuel
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Sri Lanka's fuel stocks will last for about five more days, its power and energy minister said on Thursday (16), as the island nation awaits official confirmation from the Indian government for a new $500 million credit line for fuel
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Thousands of impoverished women in Sri Lanka began receiving food aid Thursday (16) as part of a United Nations emergency response to the island's unprecedented economic crisis
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Bankrupt Sri Lanka will reserve a portion of its scarce fuel supplies for the cremation of Buddhists, whose funeral rites have been disrupted during a dire economic crisis
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risis-hit Sri Lanka is asking civil servants to take an extra day off each week to grow crops in their backyards in a bid to forestall a looming food shortage
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Crisis-hit Sri Lanka announced weekly fuel quotas for motorists on Sunday (12), as an acute shortage worsened and longer queues formed outside the few pumping stations still operating
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