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The Sri Lankan economic crisis [8] is an ongoing crisis in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]
There are two primary mechanisms of stream bank erosion: fluvial erosion and mass failure. Fluvial erosion is the direct removal of soil particles by flowing water. The rate of fluvial erosion is determined both by the force of the flowing water (e.g. faster flow equals more force) and the resistance of the bank material to erosion (e.g. clay is generally more resistant to erosion than sand).
Location of Sri Lanka. Environmental issues in Sri Lanka include large-scale logging of forests and degradation of mangroves, coral reefs and soil. Air pollution and water pollution are challenges for Sri Lanka since both cause negative health impacts. Overfishing and insufficient waste management, especially in rural areas, leads to ...
The World Bank approved $700 million in budgetary and welfare support for Sri Lanka on Thursday, the biggest funding tranche for the crisis-hit island nation since an International Monetary Fund ...
Sri Lanka says it has reached an agreement with the Exim Bank of China on key terms and principles for restructuring its debt, a key step toward unlocking a second instalment of a $2.9 billion ...
Since the average precipitation is expected to decrease or increase regionally (63), rainfall induced landslides may change accordingly, due to changes in infiltration, groundwater levels and river bank erosion. Weather extremes are expected to increase due to climate change including heavy precipitation (63).
The Sri Lankan banking industry was changed during the late 1980s with the introduction of automation by private banking corporations. [10] Previously, few foreign banks were operating within Sri Lanka with few branches such as Hongkong and Shanghai Banking Corporation, etc. HSBC was using interactive electronic customer interfaces such as automated teller machines (ATMs).
Ranjith Sunimal Fernando now has a shell of a home at the edge of Sri Lanka's coast, lost to the sea. “One night last month, my son went to the bathroom and I suddenly heard him screaming ...