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The International Monetary Fund (IMF) warned that a further escalation in the war on Iran and continued disruption to oil markets could push the global economy to the brink of recession, with growth potentially slowing to 2% under its worst-case scenario. MORE..

15 Apr 2026 (6:22 PM)

Long queues of vehicles were reportedly observed today (15) at the Pinnaduwa entrance of the Southern Expressway in Galle. MORE..

15 Apr 2026 (5:50 PM)

The war in the Middle East has intensified strains on an already fragile global fiscal situation, with higher interest rates and rising energy prices already fueling calls for support from emerging markets and developing economies, the International Monetary Fund said on Wednesday in its Fiscal Monitor report. MORE..

15 Apr 2026 (11:31 PM)

The Republican-led Senate on Wednesday rejected the latest Democratic attempt to halt President Donald Trump s war in Iran, turning aside a resolution that would require the U.S. to withdraw forces from the conflict until Congress authorizes further action. MORE..

16 Apr 2026 (7:03 AM)

A major fire has broken out at one of Australia s two oil refineries, deepening fears over the nation s petrol supplies amid a global fuel crunch. MORE..

16 Apr 2026 (8:52 AM)

Iran s Foreign Ministry spokesperson Esmail Baghaei says the exchange of messages between Tehran and Washington is continuing with a Pakistani intermediary after talks failed on Sunday. MORE..

15 Apr 2026 (8:53 PM)