Sri Lanka

As President Donald Trump lights the global economy on fire in his bid to reduce America’s $1.2 trillion annual trade deficit, a few astute observers on X have uncovered the math that went into arriving at the tariffs that other countries charge the United States, which ultimately led to the...

A Sri Lankan family was found dead in Ottawa, Canada, with a 19-year-old Sri Lankan student arrested for the murders. What Happened: The Ottawa Police Service announced the death of six individuals from Sri Lanka, including a mother and four young children, on Wednesday. The incident, a rare case...

Japan, the second-biggest creditor to Sri Lanka, is trying to organize a creditors' conference in hopes that it could help solve the island nation's debt crisis, reported Reuters.  Tokyo’s move could not only be seen as a step toward recouping its $3 billion in loans, but...

Entangled in its worst economic crisis ever, Sri Lanka has seen mass protests around the country. Some experts believe that the road to recovery for the island nation is painful, but "it has an end." What Happened: The turmoil in the country is the product of years of political corruption...

In the middle of an unprecedented economic turmoil, Gotabaya Rajapaksa, the president of Sri Lanka, confirmed his resignation as protesters continued to occupy the official residence of the top leader. What Happened: The prime minister's office confirmed that Rajapaksa would be officially...

Amid the deepening financial crisis in the country, Sri Lanka defaulted on its $51 billion foreign debt, pending a bailout from the International Monetary Fund, with whom the talks are scheduled for the end of this month. Grappled by acute food and fuel shortages and long electricity blackouts, the...

This article was originally published on Cannabis & Tech Today and appears here with permission. When people think of countries that are on the verge of adult-use cannabis legalization, Sri Lanka is likely a country that doesn’t pop up too often. After all, cannabis is illegal ...