SRI LANKA CRISIS
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Business & Economy
Crisis-hit Sri Lanka turns to dovish rates to boost recovery
Colombo, June 1 (EFE).- Sri Lanka’s central bank Thursday cut the key policy interest rates by 250 basis points to…
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Conflicts & War
Sri Lankan economy shrinks due to crisis as protests intensify
Colombo, Mar 16 (EFE).- Sri Lankan university teachers protested on Thursday against the conditions imposed by the International Monetary Fund…
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Conflicts & War
Sri Lankan workers launch massive strike against IMF bailout plan
Colombo, Mar 15 (EFE).- Sri Lankan state employees on Wednesday launched a massive strike in protest against the conditions imposed…
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Conflicts & War
Measures to secure IMF bailout fuels protests in Sri Lanka
Colombo, Mar 9 (EFE).- Discontent on the streets of Sri Lanka has been on the rise over rising taxes and…
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Conflicts & War
Delay in local elections attracts fresh criticism in Sri Lanka
Colombo, Feb 21 (EFE).- The lack of funds to organize local elections in Sri Lanka, the first polls since the…
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Social Issues
People smuggling increases amid crisis in Sri Lanka
By Aanya Wipulasena Colombo, Feb 21 (EFE) .- In a fishing village in Sri Lanka, Nalaka is the go to…
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Politics
Sri Lankans protest as government restores old tax regime to deal with crisis
Colombo, Feb 8 (EFE).- Sri Lankan President Ranil Wickremesinghe’s decision to restore the tax regime abolished by his predecessor triggered…
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Politics
US backs Sri Lanka for IMF aid, urges China to do more
Colombo, Feb 1 (EFE).- The United States’ Undersecretary of State for Political Affairs, Victoria Nuland, on Wednesday pledged Washington’s support…
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Business & Economy
Sri Lanka orders more austerity measures pending IMF bailout
Colombo, Jan 31 (EFE).- Sri Lanka’s income is “far below” the expenses, the government said on Tuesday, calling for more…
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Conflicts & War
Sri Lanka secures India’s support amid economic crisis
Colombo, Jan 20 (EFE).- Sri Lanka has secured India’s support as it seeks to come out of its acute financial…
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