Exclusive by Our Correspondent in Colombo Sri Lanka is on the verge of losing its Generalised Scheme of Preferences Plus (GSP Plus) status, with an urgent warning from the European Union. A
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Former State Minister and leader of the Tamil Makkal Viduthalai Pulikal (TMVP), Sivanesathurai Chandrakanthan, widely known as ‘Pilleyan’, has been arrested by the Criminal Investigation Department (CID), official sources confirmed today. While
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President Anura Kumara Dissanayake (AKD) completed six months in office in March. During the month the first-ever Budget 2025 of the National People’s Power (NPP) government, was passed in Parliament by a
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by Our Correspondent in New Delhi The Rising Bharat Summit 2025 unfolded as a timely convergence of ambition, reflection, and regional introspection, as two young South Asian leaders—Namal Rajapaksa of Sri Lanka
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Exclusive by Our Correspondents in New Delhi and Colombo Indian Prime Minister Narendra Modi has declined an invitation to visit the newly commissioned Adani-operated terminal at the Colombo Port during his recent
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At this moment, a huge amount of attention is being justifiably paid to the announced tariffs and their very big impacts on markets and economies while very little attention is being paid
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Two years into his prison term for a 2020 murder, Ivan Rossomakhin was recruited into a Russian private military company (PMC) in exchange for freedom. He returned home from Ukraine in 2023 and, within
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On Thursday, 3 April, Sri Lankans woke up to the alarming news that the United States, the country’s single largest export destination, would be applying 44% tariffs. These tariffs will hit Sri
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Singapore has voiced growing alarm over the escalating trade tensions triggered by U.S. President Donald Trump’s sweeping tariff hikes, warning that a global trade war could severely harm small, trade-dependent nations. In
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A trove of newly declassified documents released by the National Archives and posted by the National Security Archive provides a rare and dramatic glimpse into the inner workings of the CIA’s global
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Bangladesh’s interim government on Monday called on the United States to postpone its planned tariff measures on Bangladeshi exports, requesting a three-month delay to allow time for comprehensive trade reforms aimed at
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The visit by the head of the Russian Direct Investment Fund and special representative of the Russian president for investment and economic cooperation Kirill Dmitriev to Washington on April 2-3, the first
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Goldman Sachs has significantly increased its predictions for the likelihood of a U.S. recession, now pegging the chances at a staggering 45% within the next 12 months. This alarming forecast comes just
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The wealth of Asia’s richest individuals took a significant hit on Monday, as markets across the region continued their downward trajectory following President Donald Trump’s announcement of new tariffs. According to the
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India’s ongoing caution towards China is evident as it has announced restrictions on Chinese electric vehicle (EV) maker BYD Co., despite efforts to attract investments from US-based Tesla Inc. This move underscores
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