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In 2022, as protests began growing in Sri Lanka, Jaliya Wickramasuriya, former Sri Lankan ambassador to the United States and Mexico, and a cousin of the Rajapaksa brothers, pleaded guilty in U.S. District Court for defrauding $332,027 from the Sri Lankan government during the purchase of a new embassy building in 2013.
Sri Lanka's credit was also downgraded during the period. On 20 November credit rating agency Moody's released a statement downgrading the Sri Lankan government's foreign currency issuer and senior unsecured ratings to B2 from B1 and changed the outlook to stable from negative. Moody's says the downgrade was driven by the "ongoing tightening in ...
The 2022 Sri Lankan political crisis was a political crisis in Sri Lanka due to the power struggle between President Gotabaya Rajapaksa and the people of Sri Lanka. It was fueled by the anti-government protests and demonstrations by the public due to the economic crisis in the country. The anti-government sentiment across various parts of Sri ...
Protests resumed in Sri Lanka's capital Colombo Wednesday shortly after lawmakers elected the country's widely unpopular prime minister and acting president, Ranil Wickremesinghe, as the new ...
Gotabaya Rajapaksa, a Sri Lankan politician and former military officer who served as the 8th president of Sri Lanka from 2019 to 2022, initiated a self-imposed exile on 13 July 2022, following widespread protests led by civilians demanding his resignation, triggered by extensive discontent over his handling of the country's economic crisis.
Sri Lankan President Gotabaya Rajapaksa is set to resign, with outrage over the an economic crisis boiling over and protesters at their doorstep — literally. Breaking Point: A visual guide to ...
A group of Rohingya refugees living in Sri Lanka staged a protest outside the office of the U.N. refugee agency Tuesday, saying they fear losing their living allowance once the agency's office in ...
At the Commonwealth Heads of Government Meeting 2007 in Kampala, Uganda, Commonwealth leaders agreed on Sri Lanka as the host for the 2011 meeting. [15] However, during the final stages of the Sri Lankan civil war the government was accused of committing war crimes, and hence at the Commonwealth Heads of Government Meeting 2009 in Port of Spain, Trinidad and Tobago it was decided that the 2011 ...