‘A nice feeling’: Sri Lanka basks in tourism surge after four-year crisis | Tourism

‘A nice feeling’: Sri Lanka basks in tourism surge after four-year crisis | Tourism – Canada Boosts

Colombo, Sri Lanka – Devmith Kaggodarachchi’s beachfront resort within the southwestern coastal city of Hikkaduwa, a vacationer hotspot 136km (85 miles) from the capital Colombo, is nearing full capability. The three-star resort, with air-conditioned rooms and personal balconies trying into the Indian Ocean, is busy serving vacationers visiting for the Christmas season. That isn’t the way…

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Sri Lanka bondholders raise concerns over debt deal transparency

Sri Lanka bondholders raise concerns over debt deal transparency By Reuters – Canada Boosts

© Reuters. A basic view of metropolis’s skyline, amid the nation’s financial disaster in Colombo, Sri Lanka, April 19, 2022. REUTERS/Dinuka Liyanawatte/File Photograph LONDON (Reuters) – A gaggle of collectors holding Sri Lanka’s worldwide bonds mentioned on Friday it welcomed the nation’s debt restructuring settlement with official collectors, although mentioned an absence of transparency on…

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‘Palestine will win’: Sri Lanka businesses raise funds for war-ravaged Gaza | Israel-Palestine conflict News

‘Palestine will win’: Sri Lanka businesses raise funds for war-ravaged Gaza | Israel-Palestine conflict News – Canada Boosts

Colombo, Sri Lanka – On most days, the Dolci Falasteen restaurant in Sri Lanka’s capital Colombo is quiet. Positioned on a essential street in a busy neighbourhood, the eatery is an escape from the busy temper of town. Conventional Arabic lanterns forged a heat glow over its cosy eating space. However on a Sunday afternoon,…

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Veteran market watcher and Fed critic Komal Sri Kumar makes a bold call: 'My base case is something breaking....in the next three months'

Veteran market watcher and Fed critic Komal Sri Kumar makes a bold call: ‘My base case is something breaking….in the next three months’ – Canada Boosts

After the Federal Reserve began elevating rates of interest to struggle the rise of inflation in March 2022, Wall Road’s high minds launched a gradual stream of recession predictions. Certainly, they warned, rising borrowing prices, sky-high shopper costs, and geopolitical tensions would mix to sluggish the financial system to a standstill—or worse. Some even argued…

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