Latest Mahinda Rajapaksa News

EXPLAINER: Why Sri Lanka's economy collapsed and what's next

Jun. 23, 2022 14:01 PM EDT

COLOMBO, Sri Lanka (AP) — 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. Short of cash to pay for imports of such necessities and already defaulting on its debt, it is seeking help from neighboring...

Sri Lanka's crisis cripples once burgeoning middle class

Jun. 22, 2022 05:54 AM EDT

COLOMBO, Sri Lanka (AP) — Miraj Madushanka never thought he'd need government rations to ensure his family could eat two meals a day, but Sri Lanka’s economic crisis, the worst in its history, has recast his life and those of many others in its burgeoning middle class. Families...

The AP Interview: Sri Lanka PM says he's open to Russian oil

Jun. 12, 2022 07:28 AM EDT

COLOMBO, Sri Lanka (AP) — Sri Lanka may be compelled to buy more oil from Russia as the island nation hunts desperately for fuel amid an unprecedented economic crisis, the newly appointed prime minister said. Prime Minister Ranil Wickremesinghe said he would first look to other...

The AP Interview: Sri Lanka PM says he's open to Russian oil

Jun. 12, 2022 00:08 AM EDT

COLOMBO, Sri Lanka (AP) — Sri Lanka may be compelled to buy more oil from Russia as the island nation hunts desperately for fuel amid an unprecedented economic crisis, the newly appointed prime minister said. Prime Minister Ranil Wickremesinghe said he would first look to other...

Sri Lankan president's brother quits; UN launches aid appeal

Jun. 09, 2022 10:47 AM EDT

COLOMBO, Sri Lanka (AP) — Basil Rajapaksa, the younger brother of Sri Lanka's president and the country's former finance minister, said he resigned from Parliament on Thursday amid mounting criticism of his role in the island nation's economic crisis, as the United Nations launched an appeal for...

Sri Lanka PM invites protesting youth to join governance

May. 29, 2022 23:25 PM EDT

COLOMBO, Sri Lanka (AP) — Sri Lanka’s prime minister said Sunday that protesting youth groups will be invited to be part of governance under political reforms he is proposing to solve the country’s political crisis triggered by an economic collapse. Prime Minister Ranil...

Sri Lanka police tear gas protesters opposed to president

May. 28, 2022 13:24 PM EDT

COLOMBO, Sri Lanka (AP) — Police in Sri Lanka used tear gas and a water cannons Saturday to disperse demonstrators trying to approach the president's office to demand he resign over the country's ongoing economic crisis. The demonstrators were rallying to mark the 50th day of...

Sri Lankan leader seeks world's help during financial crisis

May. 26, 2022 11:27 AM EDT

TOKYO (AP) — Sri Lankan President Gotabaya Rajapaksa asked for urgent international help on Thursday as his country suffers from a financial crisis. “We are presently undergoing a severe economic crisis that has profoundly impacted the lives of all Sri Lankans, resulting in...

Sri Lanka's prime minister tackles thorny finances, economy

May. 25, 2022 22:50 PM EDT

COLOMBO, Sri Lanka (AP) — Sri Lanka’s new Prime Minister Ranil Wickremesinghe has been sworn in as finance minister as this Indian Ocean island nation confronts its worst economic crisis in memory. President Gotabaya Rajapaksa named Wickremesinghe minister of Finance, Economic...

Sri Lanka arrests 67 suspected to be heading to Australia

May. 24, 2022 06:07 AM EDT

COLOMBO, Sri Lanka (AP) — Sri Lanka’s navy said Tuesday that it has arrested 67 people who it believes were trying to travel by sea to Australia illegally. The navy said in a statement that 12 men were arrested first near the port town of Trincomalee, 260 kilometers (160 miles)...