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Tuesday, Jun 10, 2025
Sri Lanka that is being run by Rajapaksa and members of his family since 2019 is struggling to pay for imports of fuel and other goods.
Prime Minister's son and Minister for Sports & Youth Affairs, Namal Rajapaksa, confirmed his resignation as Lanka is going through its worst economic crisis.
Sri Lanka has sought an additional credit line of $1.5 billion from India to import essentials.
Central to the economic crisis Sri Lanka is facing are some of the short-sighted policy decisions taken by President Rajapakse’s regime as they came to power, promising national security and greater economic revival.
On Tuesday, six people from Sri Lanka were rescued by the Indian Coast Guard from a small island inside the Palk Strait off the coast of Rameswaram Island, also known as Pamban Island.
Psychologists and economists have linked increase in movie watching with economic distress.
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