Por: The New York Times Business January 31, 2023
On the surface, calm has returned to Sri Lanka since the South Asian nation plunged into political chaos and virtual bankruptcy last summer. Gone are the fuel lines that snaked for blocks; a seaside expanse that had been the site of was resplendent over the holidays with Christmas lights and carnival rides.But underneath, the island nation’s economy remains on a ventilator, with the government yet to secure a way out of crushing debt. Sri... + full article
ABC News USA Business July 29, 2023
COLOMBO, Sri Lanka -- Japan's Foreign Minister Yoshimasa Hayashi said Saturday that Sri Lanka is a key partner in a Tokyo-led initiative aimed at building security and economic cooperation around the Indo-Pacific but also at countering an increasingly assertive . Sri Lanka,... + más
China's Sinopec signs agreement to enter retail fuel market in crisis-hit Sri Lanka | Associated Press
IMF to assess Sri Lankan governance as part of $3B bailout | Associated Press
ABC News USA World July 29, 2023
ABC News USA World July 22, 2023
COLOMBO, Sri Lanka -- Sri Lanka is considering the possibility of allowing the use of the Indian rupee for local transactions, as the island nation struggles to build its depleted foreign reserves and to emerge from last year’s unprecedented economic crisis.Sri Lankan Foreign... + más
Crisis-hit Sri Lanka may allow Indian rupee to be used in local transactions | ABC News
Associated Press USA Business May 22, 2023
COLOMBO, Sri Lanka (AP) — Chinese petroleum giant Sinopec signed an agreement with Sri Lanka on Monday to enter into the South Asian island country’s retail fuel market as it struggles to resolve a worsening energy crisis amid an unprecedented economic upheaval.The contract... + más
India backs Sri Lanka to secure IMF bailout plan amid crisis | Associated Press
Associated Press USA Business March 21, 2023
COLOMBO, Sri Lanka (AP) — The International Monetary Fund said Tuesday it is assessing Sri Lanka’s governance in the first case of an Asian country facing scrutiny for corruption as part of a bailout program. The IMF executive board approved a nearly $3 billion bailout plan... + más
IMF is bullish Sri Lanka's crisis-stricken economy will recover as country gets bailout | CNBC
Associated Press USA Politics January 20, 2023
COLOMBO, Sri Lanka (AP) — India’s foreign minister said Friday his country has given financial assurances to the International Monetary Fund to facilitate a bailout plan to help neighboring Sri Lanka emerge from its worst economic crisis, in a first formal announcement from... + más
Sri Lanka rallies with a big win; Netherlands beats Namibia | Associated Press
Sri Lanka's government cuts expenses as economy tanks | Associated Press
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