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The two-week-old federal government shutdown may cost the U.S. economy as much as $15 billion a week in lost output, a Treasury official said late on Wednesday, correcting an earlier statement from Treasury Secretary Scott Bessent that put the cost at up to $15 billion per day. MORE..

16 Oct 2025 (12:19 PM)

Madagascar s new military ruler, Colonel Michael Randrianirina, said he will be sworn in as president on Friday and was open to talks with the African Union, after it suspended the country s membership following a coup to oust President Andry Rajoelina. MORE..

16 Oct 2025 (6:18 PM)

Sri Lanka s tax policies played a driving role in the country s devastating 2022 economic crisis and have contributed to the chronic underfunding of education and other public services, Human Rights Watch said in a report released recently. MORE..

16 Oct 2025 (1:29 PM)

Officials of the Ministry of Transport, Highways, Ports, and Civil Aviation informed the Ministerial Consultative Committee that currently, more than 300,000 driver s licenses are pending issuance, and arrangements have been made to print and distribute them within the next three months. MORE..

16 Oct 2025 (5:46 PM)

The price of gold in Sri Lanka has risen significantly following the continuous increase in global gold prices. MORE..

16 Oct 2025 (3:12 PM)

Senior Superintendent of Police (SSP) Hemal Prashantha, who served as the Director of the Police Narcotics Bureau (PNB) was transferred in connection with an ongoing investigation against him, according to sources from Police Headquarters. MORE..

16 Oct 2025 (1:35 PM)