Yoshitha Rajapaksa granted bail by Colombo High Court

Government to consider restructuring domestic debt

The Government is to consider restructuring Sri Lanka’s domestic debt, but a final decision is yet to be taken, President Ranil Wickremesinghe told Parliament today. He said that all aspects will be looked into when restructuring Sri Lanka’s domestic debt. “Some banks are saying they will not be able to face this. Then they must takeover this economy,” the President said. He said that various people cannot make threats by holding a gun to the head. The President also noted that there are con

26 Apr, 2023

US envoy disappointed with lies in Wimal’s book

The US Ambassador to Sri Lanka, Julie Chung, has expressed disappointment with the book written by MP Wimal Weerawansa which she says should be labeled ?fiction.? She said that the MP has made baseless allegations and spread outright lies in his book. “I am disappointed that an MP has made baseless allegations and spread outright lies in a book that should be labeled ?fiction.? For 75 years, the US & SL have shared commitments to democracy, sovereignty, and prosperity – a partnership and futur

26 Apr, 2023

US ?still assessing? recovered parts from China spy balloon, says Pentagon

Washington [US], April 4 (ANI): The United States is still assessing the parts that were recovered from the balloon and precautionary steps were taken in time to limit the intelligence value that it would be able to collect, Deputy Pentagon Press Secretary Sabrina Singh said in a press briefing on Monday. Responding to media queries on whether the balloon was able to transmit intelligence back to China, she added that the US took steps to protect its own military installations from foreign inte

27 Apr, 2023