Sri Lanka’s bondholders aren’t living up to their obligations and should cancel debt to allow the country to get out of its economic crisis, a group of international academics said in a letter.

Sri Lanka is facing its worst economic crisis in more than seven decades and a shortage of dollars has ... The letter mirrors what EXIM Bank sent to Sri Lanka in ... Gold. 3,313.10-30.80 (-0.92% ...

The speaker of Sri Lanka’s parliament has accepted a resignation letter from President Gotabaya Rajapaksa, which the embattled leader sent after fleeing to Singapore. “From this point, we will ...

Accordingly, Sri Lanka fully supports the Letter which defended not just the Secretary General but the UN mandate itself.” The Chilean letter was endorsed by at least 10 of the U.N. Security Council ...

The Export-Import Bank of China has told Sri Lanka it will try to finalise in the months ahead how it treats debt owed by the crisis-hit nation, according to a letter seen by Reuters which also ...

The Export-Import Bank of China has told Sri Lanka it will not seek immediate repayment of debt for 2022 and 2023 and expedite negotiations on "medium- and long-term debt treatment" to finalise ...

Oil News: China Stimulus and U.S. Inventory Drop Lift Crude Outlook Amid Seasonal DemandFri, 03 Jan 2025 11:09:11 GMT Tesla’s Stock Holds Key to Nasdaq Rebound After Delivery Miss and 6% DropFri ...