Sri Lanka is committed to meeting all its debt repayments and is hoping to complete debt restructuring negotiations in the next six months, the country’s central bank chief P. Nandalal Weerasinghe said on Tuesday. Sri Lanka hopeful of completing debt restructuring in six months. “There has been good progress this month with India already pledging […]
Author: News Desk
30 Hindu extremists detained for violence during ‘Pathaan’ screening in India
Shah Rukh Khan’s eagerly anticipated return movie, Pathaan, was released in India today amid long lines of eager viewers. Millions of tickets for the Siddharth Anand film, which also prominently features Deepika Padukone and John Abraham, were sold in advance.30 Hindu extremists detained for violence during ‘Pathaan’ screening in India After various Indian officials said […]
China offers Sri Lanka a 2-year debt moratorium
The Export-Import Bank of China has offered Sri Lanka a two-year moratorium on its debt and said it would support the country’s efforts to secure a $2.9 billion loan from the International Monetary Fund, according to a letter reviewed by sources. China offers Sri Lanka a 2-year debt moratorium. Regional rivals China and India are […]
US sues Google for online ad business monopoly
In its latest attempt to undermine Big Tech’s market power, the US Justice Department filed a lawsuit against Alphabet’s Google on Tuesday, accusing it of abusing its hegemony in the digital advertising industry and demanding that it surrender its ad manager suite. US sues Google for online ad business monopoly 80 per cent of Google’s […]
Texas high school basketball game erupts in ugly racism
Two Texas school districts have launched an investigation after a video surfaced on social media of high school parents and students displaying bigoted behavior including making monkey calls to players of a basketball team. Texas high school basketball game erupts in ugly racism. In a clip from the disheartening video, which was shared online and […]
Earth’s inner core may have started spinning other way: study
Earth’s inner core may have started spinning other way, claims new study. Earth’s inner core, a hot iron ball the size of Pluto, has stopped spinning in the same direction as the rest of the planet and might even be rotating the other way, research suggested on Monday. Earth’s inner core may have started spinning […]
Chris Hipkins sworn in as New Zealand’s 41st prime minister
Chris Hipkins has been sworn in as New Zealand’s 41st prime minister. The 44-year-old was formally appointed to the role in Wellington, a week after Jacinda Ardern’s shock resignation. Ms Ardern, 42, had said she no longer has “enough in the tank” to lead the country. The country’s governor-general Cindy Kiro accepted her formal resignation […]
Microsoft Outlook and Teams down for tens of thousands around world
Microsoft says it has “rolled back a network change” it thinks could be linked to users around the world being unable to access its services, including Teams and Outlook. Microsoft Outlook and Teams down for tens of thousands around the world. Downdetector, which tracks website outages, showed more than 5,000 people in the UK had […]