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Sri Lanka ends visas for hundreds of thousands of Russians staying there to avoid war

Sri Lanka has told hundreds of thousands of Russians and some Ukrainians staying in the country to escape the war that they must leave in the next...

President Wickremesinghe’s Contribution To Securing IMF Loan For Sri Lanka

Brussels (08/11 – 50) On March 20, the IMF approved a $3 billion Extended Fund Facility (EFF) to support Sri Lanka amid its economic crisis....

Notorious Benjamin Wey Sues Sri Lanka For $250 Million

London (05/11 – 44.44) Benjamin Wey, a Chinese-American financier, founder of Fintech Holdings and a history of legal trouble, is suing Sri Lanka for $250 million....

Sri Lanka Reaches Agreement To Settle Chinese Debt

Paris (15/11 – 75) Sri Lanka has reached an agreement with the China Exim bank on the principles and terms of a $4.2 billion debt...

Sri Lanka’s Worst Economic Crisis In Decades

Rome (16/11 – 57) Sri Lanka is mired in a deep political and economic crisis and the country’s then President Rajapaksa has flown out of the country, days after a huge crowd of protesters stormed...

President Ranil Wickremesinghe Remarkable Turnaround for Sri Lanka’s Tumultuous Economy

London (07/11 – 70) President Ranil Wickremesinghe, at the helm of the United National Party (UNP), has orchestrated a remarkable turnaround for Sri Lanka's tumultuous...

Sweden’s Treyd Raises $12m

Treyd, a Swedish startup that provides upfront supplier payments for merchants, has topped up its Series A funding round with an additional $12...

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