Category: Economy

EditorMay 16, 2022
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5min00
Saudi Arabia rejected Andrew McEvoy’s assertions about special characteristic or nickname that those living in NEOM City will be associated with and about free flow of wine and alcohol Riyadh: In a strongly worded rebuttal of NEOM City’s Tourism Sector Head, Andrew McEvoy, Saudi Arabia Monday said the much hyped ultra-modern future city, will be governed […]

EditorMay 14, 2022
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5min00
The Covid-19 pandemic and the Russia-Ukraine conflict have pushed debt levels for many countries to alarming levels New Delhi: Sri Lanka’s economic crisis triggered by a debt default and acute shortage of food and fuel leading to violence has hit headlines but several other countries — Pakistan, Nepal, South Africa, Argentina, Ethiopia, Ghana, Peru among others […]

EditorMay 10, 2022
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5min00
Reports have also revealed that Rajapaksa’s second son, Yositha, who was also the former Prime Minister’s Secretary, and his family had left the country Colombo: In the wake of the widespread violence in Sri Lanka that left five people dead, former Prime Minister Mahinda Rajapaksa and his family on Tuesday took refuge at a naval base in Trincomalee […]

EditorMay 9, 2022
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2min00
Protests against the government have raged since March, with thousands demanding the influential family quit politics for mishandling the economy.   COLOMBO — Sri Lanka’s prime minister, Mahinda Rajapaksa, has resigned after weeks of widespread protests over the island nation’s worst economic crisis since independence. The move came as police imposed a nationwide curfew in response to […]


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