Rupee hits new record low against USD

Sri Lanka abstains from voting on resolution against Russia

Sri Lanka abstained from voting on a resolution at the United Nations against Russia, which was passed with 143 votes. The UN General Assembly passed the resolution by a large majority, calling on countries not to recognise the four regions of Ukraine which Russia has claimed, following so-called referendums held late last month, and demanding that Moscow reverse course on its “attempted illegal annexation”. The results were 143 Member States in favour, with five voting against, and 35 abstent

13 Oct, 2022

Japan puts preconditions to support Sri Lanka’s debt issue

Japan has placed preconditions in order to support Sri Lanka’s debt issue. Finance Minister Shunichi Suzuki said that Japan is prepared to “do its part” over Sri Lanka’s debt issue. However, he said that other creditors, such as China and India, should also be involved in efforts to resolve it. Suzuki made the remarks after meeting with President Ranil Wickremesinghe, the Kyodo news service reported. The Japanese Finance Minister said that he urged Sri Lanka to provide the necessary informat

30 Sep, 2022

World bids farewell to Queen Elizabeth II following majestic funeral

The world bid farewell to Queen Elizabeth II today (Monday) with a majestic funeral steeped in tradition and a send-off reflective of the broad popularity she managed to retain over her remarkable seven-decade reign. Royal family members and dignitaries gathered at Westminster Abbey for a somber service. Presidents, prime ministers, princes and princesses, and other public figures sat side-by-side to pay their last respects — a testament to her far-reaching appeal and deft diplomacy. The funer

19 Sep, 2022