Markets are showing mounting concern about Sri Lanka’s ability to manage debt loads, amid financial deterioration that sparked a downgrade deeper into junk Friday.
UPDATE 1-S&P downgrades Sri Lanka on debt servicing risks
Rating agency S&P slashed Sri Lanka’s credit rating to “CCC+/C” on Friday, citing concerns that risks to the island nation’s debt servicing capacity have risen as the COVID-19 pandemic has squeezed …
Sri Lanka slams S&P following downgrade of credit rating
Global Ratings after the country’s credit rating was downgraded from B to CCC+. In a statement issued by the Finance Ministry, the Government of Sri Lanka (GOSL) said it is disappointed with today’s …
Cricket-Stokes, Archer rested for England’s tour of Sri Lanka
(Reuters) -All-rounder Ben Stokes and fast bowler Jofra Archer have been rested for England’s two-test tour of Sri Lanka in January, but both will return for the series in India the following month.
Sri Lanka Debt Concerns Mount After Downgrade Deeper Into Junk
Markets are showing mounting concern about Sri Lanka’s ability to manage debt loads, amid financial deterioration that sparked a downgrade deeper into junk Friday.
EMERGING MARKETS-Turkey’s lira falls past 8 per dollar; FX, stocks eye 6th week of gains
* Turkey’s lira tumbles on U.S. sanction threat * EU extends sanctions on Russia by another six months * Sri Lankan dollar bonds slide after S&P rating cut By Shashank Nayar and Sruthi Shankar …
Review: ‘Funny Boy’ is an ambitious story about growing up gay and Tamil in Sri Lanka
Deepa Mehta’s “Funny Boy” juxtaposes a gay teenage love story with rising ethnic tensions in Sri Lanka for a film that is ultimately about thriving, or just surviving, as someone deemed “different.” …
Sri Lanka’s tour of South Africa likely to go ahead as planned
Sri Lanka’s tour of South Africa is likely to go ahead as planned after Sri Lanka Cricket’s medical staff confirmed they were satisfied with the bio-bubble arrangements being planned for the series.
‘Funny Boy’ Review: A Gorgeous Queer Coming-of-Age Tale Set in a Divided Sri Lanka
Deepa Mehta’s gorgeous adaptation of Shyam Selvadurai’s popular novel sets an intimate romance amidst wrenching political turmoil.
Sri Lanka confirm two-Test series in SA
Holiday cricket will take place after all as Sri Lanka confirmed that they will tour SA for two Tests on Boxing Day and the New Year. The scare of a tour cancellation came after the integrity of …