The Latest Breaking News from Gotabaya Rajapaksa

Sri Lanka’s strategic location on Indian Ocean shipping lanes has long attracted outsized interest in the small island nation from regional giants China and India

Sri Lanka’s economy, which a few years ago enjoyed strong growth that provided jobs and financial security, is now in a state of collapse, dependent on aid from India and other countries as its leaders desperately try to negotiate a bailout with the International Monetary Fund

Doctors and bankers were among hundreds of Sri Lankans who marched on Wednesday to demand the government resolve a severe fuel shortage at the heart of the Indian Ocean island's worst economic crisis in decades or step down.

Lebanon and Sri Lanka may be a world apart, but they share a history of political turmoil and violence that led to the collapse of once-prosperous economies bedeviled by corruption, patronage, nepotism and incompetence. The toxic combinations led to disaster for both: Currency collapse, shortages, triple-digit inflation and growing hunger.…

A shared history of political turmoil and violence in two countries a world apart, Lebanon and Sri Lanka, led to the collapse of once-prosperous economies that have been bedeviled by corruption, patronage, nepotism and incompetence

Vinay Kwatra told Mr. Rajapaksa that India will extend its fullest support in overcoming difficult situation.

Sri Lanka’s prime minister says the island nation's debt-laden economy has “collapsed” as it runs out of money to pay for food and fuel

Colombo (AFP) - Sri Lankan casino magnate Dhammika Perera entered parliament on Wednesday with a mandate to revive the bankrupt island nation's wrecked economy -- working alongside a premier who once accused him of corruption.

Sri Lanka’s economic crisis, the worst in its history, has completely recast the lives of the country’s once galloping middle class

In the middle of a crippling economic crisis, demonstrating is a luxury the country’s Tamil minority cannot afford

Sri Lanka’s government finally began bailout talks with IMF officials this week after a crippling delay exacerbated a longstanding economic crisis. But as food prices soar amid an impending global food shortage sparked by the Ukraine conflict, Sri Lankans are paying a heavy price for the government’s mismanagement, nepotism and…