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The Executive Board of the International Monetary Fund (IMF) has completed the combined Fifth and Sixth Reviews of the Extended Fund Facility for Sri Lanka, providing the country with immediate access to SDR508 million (about US$695 million) to support economic policies and reforms. MORE..

28 May 2026 (8:53 AM)

US President Donald Trump on Wednesday (May 27) dismissed a report that Iran and Oman would manage shipping through the Strait of Hormuz as part of a deal to end the war, in a sign that any agreement remained elusive. MORE..

28 May 2026 (8:26 AM)

The U.S. military carried out new strikes overnight in Iran targeting a military site that officials believed posed a threat to U.S. forces and commercial maritime traffic in the Strait of Hormuz, a U.S. official told Reuters on Wednesday. MORE..

28 May 2026 (8:22 AM)