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Gold fell to a three-week low on Tuesday, as elevated oil prices kept inflation concerns high, while investors awaited key central bank decisions this week to see if the Middle East conflict has altered the interest rate outlook.
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Pakistan and Sri Lanka on Monday kicked off a joint counter-terrorism exercise at Tarbela aimed at enhancing professional capabilities and strengthening longstanding military-to-military relations, the military’s media wing said in a statement
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U.S. President Donald Trump is unhappy with the latest Iranian proposal on resolving the two-month war, a U.S. official said, dampening hopes for a resolution to the conflict that has disrupted energy supplies, fuelled inflation, and killed thousands.
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Sri Lanka is at risk of a serious seed shortage in the future due to heavy reliance on imports and global political instability Chairman of the National Farmers’ Union Anuradha Tennakoon has warned.
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The Joint opposition yesterday lodged a complaint with the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) on an alleged US $ 11 million scam in connection with the procurement of diesel through an unsolicited tender.
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As Buddhist monks walk across Sri Lanka for peace, a special companion has been quietly winning hearts. Aloka, known as the “Peace Dog,” is walking alongside them, spreading a simple message of kindness and compassion. A rescue dog from India, Aloka, today is under special veterinary care and fed with unique pet food.
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In response to a question about the ongoing investigation into the US 2.5 million cyber heist, Australian High Commissioner Matthew Duckworth said it is Sri Lanka’s investigation and Australia would consider any request for further assistance if requested.
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Sri Lanka’s economy, which has been very badly hit by the Middle East crisis as well other external shocks such as climate change, is not expected to have a very promising future, noted former Central Bank Deputy Governor Dr. W.A. Wijewardena.
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Sri Lanka’s apparel industry yesterday warned of a narrowing policy window to stabilise the exports, after the shipments fell 8 percent in the first quarter (1Q26), with the rising energy costs, shifting US trade dynamics and looming European market risks threatening to deepen the slowdown, unless immediate action is taken.