Bankrupt Sri Lanka says treasury running dry

Bankrupt Sri Lanka says treasury running dry. On Tuesday, bankrupt Sri Lanka announced significant cuts to government spending and warned that despite significant tax increases, it would hardly have enough money to cover public salaries and pensions. Following an extraordinary economic crisis that caused widespread suffering last year, the island nation has defaulted on its […]

Iran sentences former president’s daughter to 5-year prison term

Iran sentences former president’s daughter to 5-year prison term. Akbar Hashemi Rafsanjani’s activist daughter has received a five-year prison sentence, according to her attorney, who announced the news on Tuesday. The charges against Faezeh Hashemi were not specifically stated by the attorney. However, according to the semi-official ISNA news agency, Hashemi was charged with “propaganda […]