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Sri Lanka’s rupee has once again come under severe pressure, sliding rapidly to around Rs. 354 against the US dollar this morning, raising fresh concerns about the country’s fragile external sector and declining foreign reserve position.
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In a major shift within Sri Lanka’s diplomatic postings, the Daily Mirror learns that Sri Lanka’s current Ambassador to the United States Mahinda Samarasinghe will return back to the country in July after ending his term. It is learnt that Samarasinghe will likely be replaced by President Anura Kumara Dissanayake’s Secretary, Dr. Nandika Sanath Kumanayake as the new Ambassador to Washington DC.
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The ongoing depreciation of the Sri Lankan rupee against the US dollar could trigger a shortage of medicines in both the public and private sectors, Medical and Civil Rights Doctors’ Trade Union Alliance Chairman Dr. Chamal Sanjeewa warned.
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An angry crowd set alight a section of a hospital at the epicentre of the Ebola outbreak in the eastern Democratic Republic of Congo after family and friends of a young man thought to have died from the virus were prevented from taking his body away for burial.
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Head of the Sri Lanka Cricket’s Transformation Committee, Eran Wickremaratne, buried accusations against his religious conviction and at the same time asked a responsible media to show proof that his Christian beliefs stood in the way of others and will it stand in the way of fair-play in cricket administration.
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Cricket in Sri Lanka is on the pathway for an unprecedented overhaul into the realms of accountability, decency and responsibility, the new Transformation Committee of the sport declared at its first meeting of journalists today nearly a month after replacing a despised hierarchy that nine out of ten people wanted dismissed.
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A subcommittee has been appointed to carry out a detailed investigation into the environmental impact of the Norochcholai Lakvijaya Power Plant, following concerns raised during discussions at the Sectoral Oversight Committee on Environment, Agriculture and Resource Sustainability.
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Five police officers, including a Sub-Inspector, who were arrested and produced before court over the alleged robbery of more than two kilograms of gold worth over Rs. 100 million, were remanded till June 1 and ordered to be produced for an identification parade on that date by Colombo Additional Magistrate Darshika Premaratne.
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Complaints have been lodged regarding remarks allegedly made by Dilum Amunugama, the National Organizer of the political movement Sarva Jana Balaya, during a public media conference held yesterday (20), in which a minor girl under state care was reportedly referenced in a manner described as derogatory.
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Iran’s Supreme Leader has issued a directive that the country’s near-weapons-grade uranium should not be sent abroad, two senior Iranian sources said, hardening Tehran’s stance on one of the main U.S. demands at peace talks.
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The Colombo Stock Exchange witnessed a volatile trading session today, as early optimism driven by easing geopolitical tensions in the Middle East was later overshadowed by concerns surrounding the sharp depreciation of the Sri Lankan Rupee against the US Dollar. Positive developments regarding the de-escalation of the Middle East conflict initially lifted investor sentiment,
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The Public Utilities Commission of Sri Lanka (PUCSL) has urged the public to follow proper electrical safety measures when illuminating Vesak lanterns and decorations to prevent accidents during the festive season.
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Opposition Leader Sajith Premadasa has called for an urgent meeting of Opposition political parties representing Parliament and other stakeholders to discuss the Forex crisis which Sri Lanka is currently facing, the Opposition Leader’s office said.
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Frontline Socialist Party (FSP) Education Secretary Pubudu Jayagoda has filed a writ petition before the Court of Appeal seeking an order directing the relevant authorities to recover losses arising from the supply of substandard coal to the Lakvijaya Power Plant from the responsible suppliers.
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The Sri Lankan government expressed deep concern and profound distress over footage posted by Israeli Minister Itamar Ben-Gvir, which appears to depict the dehumanising treatment of detainees of the “Global Sumud Flotilla’’, Ministry of Foreign Affairs, Foreign Employment and Tourism said.