Sri Lanka

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Sri Lanka seeks another $1bn from India

Sri Lanka seeks another $1bn from India

Sri Lanka has sought an additional credit line of $1bn from India to import essentials amid its worst economic crisis in decades, Reuters has reported, citing two sources. According to …

SriLankan Airlines suspends flights to Russia

SriLankan Airlines suspends flights to Russia

Sri Lanka’s state-run national carrier SriLankan Airlines has suspended its flights to Moscow, Russia, with effect from March 28 citing “operational restrictions that are outside of the airline’s control”. …

Sri Lanka to settle oil import dues to Iran by bartering tea

Sri Lanka to settle oil import dues to Iran by bartering tea

Sri Lanka plans to settle $251 million in oil import dues owed to Iran by bartering tea, a Sri Lankan minister said on Wednesday, amid dwindling foreign reserves. Plantations Minister Ramesh Pathirana told Reuters he aimed to start …

Sputnik vaccine approved for emergency use in Sri Lanka

Sputnik vaccine approved for emergency use in Sri Lanka

Russia's Sputnik V Covid-19 vaccine has been approved for emergency use in Sri Lanka, State Minister Channa Jayasumana said. He said that the permission has been given by the expert committee of the National Medicines Regulatory …

Death toll in Sri Lanka blasts exceeds 200

Death toll in Sri Lanka blasts exceeds 200

At least 207 people were killed in a series of eight blasts that hit Sri Lanka on Sunday, TASS reported citing local news portal Newsfirst. Earlier reports said 190 people died and more than 500 others were wounded. The …

Turkish FM condemns deadly terrorist attacks in Sri Lanka

Turkish FM condemns deadly terrorist attacks in Sri Lanka

Turkish Foreign Minister Mevlüt Çavuşoğlu on Sunday condemned deadly terrorist attacks that targeted churches and hotels across Sri Lanka on Easter Sunday, killing at least 138, Yeni Safak reported. At least …

Moody’s: Armenia to face greatest funding risks

Moody’s: Armenia to face greatest funding risks

Armenia, Sri Lanka and Pakistan top the list of smaller emerging economies most vulnerable to refinancing risks, because they face a combination of large upcoming repayments and low foreign currency reserves, ratings agency Moody’s …