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Volatility Looms Over the Colombo Stock Market
Sri Lanka’s benchmark All Share Price Index (ASPI) is facing renewed uncertainty as escalating tensions between Iran and the United States inject volatility into global energy markets and unsettle risk-sensitive frontier economies. After staging a cautious recovery from the country’s 2022 sovereign default, the Colombo Stock Exchange had begun to reflect improving macroeconomic stability, supported
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U.S. sub sinks Iranian warship off Sri Lanka, killing 87 and expanding war zone
Over 100 Iranians are feared dead following a maritime disaster off the coast of Galle, a southern town in Sri Lanka. The United States has claimed that its submarine was responsible for sinking Tehran’s naval ship. Ship identified as Iranian frigate IRIS Dena Hegseth say U.S. unleashed ‘Quiet death’ on ship with torpedos Sri Lankan
- U.S. Embassy in Riyadh Hit by Drone Strikes — Fire, Damage but No Casualties
In a dramatic escalation of the wider Middle East conflict,… Read more: U.S. Embassy in Riyadh Hit by Drone Strikes — Fire, Damage but No Casualties - Trump’s Claims: Fact, Fiction, Partly True?
What Does the U.S. Claim — and What’s Verified? The… Read more: Trump’s Claims: Fact, Fiction, Partly True? - TRUMP and IRAN Draw Others in as War Escalates
A full-blown military confrontation has erupted involving the United States… Read more: TRUMP and IRAN Draw Others in as War Escalates
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