Feb 04, 2023, at 07:34 pm
Islamabad/IBNS: A Pakistan leader has stirred a row with his bizarre solution to the country's economic crisis that has kept the South Asian nation on an edge, media reports said.
Pakistan's currency drops to a record low after govt ends control
Jan 27, 2023, at 02:51 am
Islamabad: Pakistan's currency Thursday fell to a record low of Rs 255 against the US dollar, according to local media reports.
Sri Lanka should have embraced IMF earlier: State Finance Minister
Sep 28, 2022, at 10:43 pm
Colombo/UNI: Sri Lanka would not have landed in an economic mess if only previous governments had adhered to the agreements with the International Monetary Fund (IMF), State Finance Minister Ranjith Siyambalapitiya said in remarks published on Wednesday.
As global economic crises ‘pile up’, Ghanaian leader says it's time for urgent attention
Sep 23, 2022, at 05:56 pm
New York: It was doubtful that any generation of Earth’s inhabitants has ever witnessed “such a perfect storm of global economic chaos, a war with global consequences, and an unwillingness or inability to find a consensus to deal with the catastrophe,” the President of Ghana told the UN General Assembly on Wednesday.
Bangladesh will not face Sri Lanka-type economic crisis, assures PM Sheikh Hasina
Sep 06, 2022, at 01:58 am
Dhaka: Rejecting concerns that Bangladesh could go the Sri Lanka way, Prime Minister Sheikh Hasina on Sunday said that despite the Covid-19 onslaught and the Russia-Ukraine conflict, her country's economy continued to be in robust shape and that her regime exercised a high level of diligence when taking any loans.
3-hour power cut announced in Sri Lanka for two days
Jul 17, 2022, at 06:18 pm
Colombo/UNI: As Sri Lanka continues to face an economic crisis, the Public Utilities Commission has approved power cuts for three hours on Monday and Tuesday.
Sri Lanka: Protesters claim to recover millions of rupees from prez Gotabaya Rajapaksa's house
Jul 11, 2022, at 12:43 am
Colombo: The protesters, who stormed inside Sri Lanka president Gotabaya Rajapaksa's official residence on Saturday, have claimed to recover millions of rupees hidden inside the mansion, according to a media report.
Day after Lankans barge into President's home, Army chief appeals for peace
Jul 11, 2022, at 12:32 am
Colombo/IBNS: Sri Lankan Army chief General Shavendra Silva on Sunday urged people to maintain peace in the island nation as it struggles with an unprecedented economic crisis.
All updates: Lanka PM's house set ablaze, President Gotabaya Rajapaksa to resign next Wednesday
Jul 10, 2022, at 04:50 am
Colombo/IBNS: Sri Lanka President Gotabaya Rajapaksa will resign next Wednesday, after months of protest against him amid an unprecedented economic crisis in the island nation.
Sri Lanka crisis: Protesters set PM Ranil Wickremesinghe's house on fire
Jul 10, 2022, at 03:44 am
Colombo/IBNS: After barging into Sri Lanka President Gotabaya Rajapaksa's residence, anti-government protesters have now set Prime Minister Ranil Wickremesinghe's house on fire amid a deepening crisis in the island nation.
Jul 10, 2022, at 02:33 am
Colombo/IBNS: Sri Lanka President Gotabaya Rajapaksa fled his official residence Saturday as thousands of anti-government protesters stormed into his residence demanding his resignation.
Sri Lanka PM Ranil Wickremesinghe agrees to step down after protesters storm President's house
Jul 10, 2022, at 12:43 am
Colombo/UNI: The office of Sri Lanka's Prime Minister in a statement on Saturday said Ranil Wickremesinghe has agreed to step down following demands by party leaders in Parliament, Khaleej Times reported.
Sri Lanka MP, ex-minister's houses set ablaze by protesters
May 10, 2022, at 04:42 am
Colombo/IBNS: The houses of a Sri Lankan legislator and a former minister were set ablaze on Monday evening in the biggest clashes in weeks of anti-government protests in the island nation.
Sri Lanka police open fire on anti-government protesters, leave 1 dead, several injured
Apr 20, 2022, at 01:39 am
Colombo/IBNS: The police in Sri Lanka opened fire on protesters for the first time on Tuesday since the start of anti-government agitation over an economic crisis in the country, leaving one dead and several others injured, reports said.
'Every minute you protest, country deprived of dollar inflow': Mahinda Rajapaksa addresses nation
Apr 12, 2022, at 02:33 am
Colombo/IBNS: Sri Lanka Prime Minister Mahinda Rajapaksa, who is facing raging protests in the country amid the worst economic crisis, on Monday explained that the Covid lockdown in a weak economy depleted foreign reserves resulting in the present situation.
Sri Lanka revokes state of emergency even as protests spread
Apr 06, 2022, at 06:26 am
Colombo/IBNS: Sri Lankan President Gotabaya Rajapaksa on Tuesday night revoked the emergency rule ordinance that had gone into effect on April 1, even as the government struggles to combat protests amid the nation's worst economic crisis.
Social media blocked in Sri Lanka amid 36-hour curfew to stem protests
Apr 03, 2022, at 04:19 pm
Colombo/IBNS: Battling the nationwide protest amid a massive economic crisis, the Sri Lankan government has blocked access to all social media sites in its latest bid to quell agitation against President Gotabaya Rajapaksa.
Sri Lanka declares state of emergency after unrest over economic crisis
Apr 02, 2022, at 06:14 am
Colombo/IBNS: Sri Lanka President Gotabaya Rajapaksa on Friday declared a state of emergency providing the security forces with sweeping powers a day after hundreds of people protested outside his residence amid an unprecedented economic crisis.
Hundreds protest outside Sri Lanka President's residence amid economic crisis
Apr 01, 2022, at 05:27 am
Colombo/IBNS: People in Sri Lankan capital Colombo, suffering from a massive economic crisis, erupted in protest on Thursday evening, reports said.
At least 70 children injured during days of protests in Lebanon’s Tripoli: UNICEF
Jan 31, 2021, at 02:18 pm
Beirut/Sputnik: Protests in Lebanon’s second-largest city, Tripoli, have led to the injury of at least 70 children over the course of one week, according to the United Nations International Children's Emergency Fund (UNICEF).
US economic crisis 'deepening': Joe Biden
Jan 24, 2021, at 02:05 pm
Washington/Sputnik/IBNS: President Joe Biden said on Friday that the COVID-19 induced economic crisis in the United States is deepening.
Japan's Foreign Minister says economy facing worst postwar crisis due to COVID-19 pandemic
Apr 20, 2020, at 11:43 am
Tokyo/Sputnik/UNI: Japan’s economy is facing the most serious crisis since World War II due to the coronavirus pandemic, Japanese Foreign Minister Toshimitsu Motegi said on Monday.