For decades, Sri Lanka’s national airline has occupied an uneasy place in the country’s public life: a source of national pride on one hand and a continuing financial burden on the other.
Fuel stocks have run out at many fuel stations across Sri Lanka as demand surged across the country, according to reports from local journalists. Long queues began forming at filling stations from
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The government is reportedly preparing to consider the introduction of a four-day work week as part of emergency measures to address the ongoing fuel crisis. The proposal is expected to be discussed
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As missile alerts flash across smartphones in cities like Dubai and Doha, millions of Indian expatriates across the Gulf are confronting a new and unsettling reality: the region they once considered safe
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Global financial markets have been thrown into chaos as the escalating Iran war triggered one of the most volatile trading periods in years, sending oil prices soaring and investors scrambling to protect
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by Our Correspondent in Colombo Sri Lanka is reportedly confronting an acute shortage of crude oil, sparking fears of a potential energy crisis in the near future, according to sources within the
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Once a Silk Road crossroads, Iran had become the centerpiece of a modern vision to link Asia, Europe, and the Middle East, creating a trade network that threatened to challenge long-standing U.S.
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The share of companies paying ransoms to cybercriminals rose significantly in 2025, reversing two years of decline as hackers increasingly deploy artificial intelligence to conduct more sophisticated attacks. According to a study
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Venezuela and Iran hold the largest and third-largest petroleum reserves in the world, respectively. Both have been targeted for regime change by Washington. The world’s hegemon naturally seeks access to such resources.
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Airline shares moved in sharply different directions on Thursday as the aviation industry grappled with the fallout from escalating conflict in the Middle East, with Asian carriers showing signs of recovery while
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Fahad al-Saif, Saudi Arabia’s newly appointed minister tasked with securing $70 billion in foreign investment by 2030, has faced an unexpectedly tumultuous start. Less than three weeks into his tenure, western business
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Blackstone, the New York-based private equity giant, experienced a significant surge in withdrawals from its $82 billion flagship credit fund, BCRED, during the first quarter of 2026, highlighting growing investor anxiety about
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Investors and financial institutions are scrambling to protect their interests following the dramatic collapse of Market Financial Solutions (MFS), a Mayfair-based mortgage lender, which has left private investors and Wall Street and
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Sri Lanka’s vital tea export industry has been thrown into uncertainty as escalating military tensions in the Middle East disrupt key shipping lanes across the Mediterranean and Gulf seas. The government warns
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Sri Lanka is exploring new avenues to attract international tourists by turning its underwater heritage into a major draw. Deputy Minister of Tourism Ruwan Ranasinghe recently highlighted the potential of historically significant
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The Central Bank of Sri Lanka has issued a stern warning that all transactions between residents must be conducted exclusively in Sri Lankan Rupees, unless explicit permission has been granted under the
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