Trade Union member Ananda Palitha granted bail

US House passes resolution banning sales from strategic petroleum reserve to China

The US House of Representatives on Thursday passed a resolution banning the sale of oil from the United States’ Strategic Petroleum Reserve (SPR) to China as the stockpile reaches historic lows. The House passed the Protecting America’s Strategic Petroleum Reserve from China Act along bipartisan lines in a vote of 331-97, The Hill newspaper reported. The report said 113 Democrats joined all Republicans who voted in passing the measure. “More than 100 House Democrats just voted with Republicans

25 Jan, 2023

Sri Lanka’s gross official reserves at US dollars 1.9 billion

Sri Lanka’s gross official reserves stood at an estimated US dollars 1.9 billion by the end of 2022, the Central Bank of Sri Lanka said today. The bank said that the gradual improvement in workers? remittances, together with the revitalisation of tourism, helped improve the external current account balance in recent months while easing excessive pressures in the domestic foreign exchange market. As a result, the exchange rate has remained relatively stable, and recorded a marginal appreciation

25 Jan, 2023

Infant among 2 killed in Valaichchenai accident

An infant was among 2 people killed in an accident in Valaichchenai today, involving a van and a bus. The Police said the driver of the van was killed in the accident together with a three-month-old infant. The van was travelling to Batticaloa from Puttalam while the bus was travelling to Polonnaruwa from Kalmunai. Three others sustained injuries in the accident. The driver of the bus has been arrested over the accident. (Colombo Gazette)

24 Jan, 2023