Asia

Asia Sep 26, 2024

Sri Lanka’s new leftist President wants to dissolve parliament, renegotiate with IMF

Sri Lankans elected leftist politician Anura Kumara Dissanayake as the new president in the debt-ridden country’s first election since its economy collapsed in 2022. The 55-year-old defeated his nearest rival, opposition leader Sajith Premadasa, to emerge as the clear winner after a historic second round of counting, which included second-preference votes, after no candidate won […]
By Abhijit Nag
Asia Sep 25, 2024

Sri Lanka’s new president dissolves parliament to pave way for Nov 14 polls

Sri Lanka’s newly elected President Anura Kumara Dissanayake has taken a bold step by dissolving the nation’s parliament and calling for early elections, a move he frames as crucial for combating corruption and renegotiating the country’s $3 billion bailout from the International Monetary Fund (IMF). In a special gazette issued Tuesday, Dissanayake ordered parliamentary elections […]
By Abhijit Nag
Asia Sep 11, 2024

Adani reminds Bangladesh to pay up $500m power debt as Dhaka urges India to send back Hasina

India-Bangladesh relations have become bumpy. The new Bangladesh government is trying to extradite former prime minister Sheikh Hasina,  who has taken shelter in India after being ousted from power in August. Now, further straining relations between the two countries, India’s Adani Group is pressing Bangladesh for nearly $500 million in overdue payments. Bangladesh owes the […]
By Abhijit Nag
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