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The Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva says the economic fallout from the war with Iran would take at least three to four months to ease, even if the fighting were to stop immediately. MORE..

5 May 2026 (11:52 PM)

US President Donald Trump said on Tuesday (May 5) that the US operation to reopen the Strait of Hormuz, dubbed �Project Freedom�, will be paused for a short period to see whether an agreement with Iran can be finalised and signed, although a blockade on Iranian ports will remain in force. MORE..

6 May 2026 (6:54 AM)

The Illegal Assets Investigation Division of the Criminal Investigation Department (CID) has today (05) imposed restrictions on properties worth over Rs. 40 million, believed to have been acquired through a drug trafficking network linked to an associate of a major drug trafficker known as �Panadura Kudu Salindu�. MORE..

5 May 2026 (8:30 PM)

A joint operation by the Police Special Task Force (STF) and wildlife officials has led to the recovery of ammunition and protected animal skins during a raid in Attawilluwa, Puttalam, at a property reportedly linked to a former Deputy Inspector General (DIG) of Police. MORE..

5 May 2026 (10:22 PM)

The United Arab Emirates said that its air defenses are �currently dealing with a missile threat� from Iran. MORE..

5 May 2026 (9:31 PM)

Oil prices fell for a second day on Wednesday on expectations bottled up supply from the key Middle East producing region could resume flowing after U.S. President Donald Trump indicated a possible peace deal may be reached to end the war with Iran. MORE..

6 May 2026 (8:01 AM)