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Sri Lankan Fuel Crisis: School Transport Services Association said that they will refrain from providing services from next Friday

The All Ceylon Inter-District School Transport Services Association said that they will refrain from providing services from next Friday (1st April) if the fuel crisis is NOT resolved immediately. The Chairman of All Ceylon Inter-District School Children Transport Services Association, N.M.K Harishchandra Padmasiri said despite not receiving any support, they are engaged in transporting school students considering the fact of examinations and academics. He warned that if a favorable solution is NOT provided by Friday (1), they will refrain from their services.

Fuel Crisis affecting water supply

The National Water Supply and Drainage Board has warned that it would not able to supply water to many areas if it does not receive Diesel for the generators that are used to generate electricity at Treatment Plants, during power outages. Deputy General Manager for the Western (Central) Region A. K. Kapuruge speaking to News 1st said that the supply of water to Piliyandala, Pannipitiya, Maharagama, Hokandara, and Battaramulla will be affected. At the same time, the demand for water has increased due to the arid weather conditions affecting the island. The National Water Supply and Drainage Board urges the general public to use water sparingly.

Russia Ukraine war -Suspect that Russia poisoned Russian Billionaire for peace talk

During a peace talk between Russian and Ukrainian government officials on the Ukrainian-Belarusian border, Russian billionaire Roman Abramovich, who had expressed support for Ukraine, became suspicious that Russia had suddenly poisoned him. Roman Abramovich England Chelsea Football The owner of the club, he and two uranium peace envoys are said to have suddenly faded and fallen ill after attending peace talks. They also suffered from a skin conditions. Even the doctors could not say exactly what happened to them. Accordingly, many suspect that Russian President Putin may have taken steps to poison Roman Abramovich to sabotage the peace talks.  However, the United States has said it has not received any information about the poisoning.

Russia – Ukraine war -Putin deported 10 diplomats in three countries

 Russia has expelled 10 diplomats from Estonia, Latvia and Lithuania. Putin has said that these so-called Baltic states no longer need to have relations with Russia.   statement from the Russian Foreign Ministry said that all 10 Baltic diplomats had been deported. These countries, bordering the Baltic Sea in northern Europe, are said to have caused Russia not to support Ukraine in the offensive.  Russia, the world’s second-largest power, has been launching military operations in Ukraine since the early hours of February 24. Within a month, many cities in the country were reduced to rubble.

Sri Lanka’s stock market plummeted

The Colombo Stock Exchange All Share Price Index fell by 494.74 points, or 4.88%, to 9,647.55 points at the close of trading yesterday (29). Accordingly, this is the first time since October 25 last year that the All Share Price Index has fallen below the 10,000 unit mark. Meanwhile, the S “P Sri Lanka 20 Index fell 167.12 points to 3,338.03 at the close of trading. In particular, the S “P Sri Lanka 20 Index fell 05% from the previous day, with a 30-minute suspension from 1.10 pm to 1.40 pm yesterday. The total turnover of the Colombo Stock Exchange yesterday was 2.70 billion rupees. The total market capitalization was Rs. 4,166.02 billion. At the end of last week (25th) it was Rs. 4,552.70 billion. Accordingly, the Colombo Stock Exchange has lost Rs. 386.67 billion in the last two days (28 and 29) alone.

SriLankan Airlines suspends flights to Russia

SriLankan Airlines Russian tours that were suspended due to an insurance coverage issue is set to resume flights between Sri Lanka and Russia soon, Tourism Minister Prasanna Ranatunga said.  The Minister also said that discussions are underway to implement an alternative insurance scheme for this purpose. SriLankan Airlines direct flights from Colombo to Moscow has been suspended since  28 this month. This was due to the decision taken by the British airline which has insured the aircraft of SriLankan Airlines to cancel the SriLankan aircraft insurance flying to Russia. The Minister emphasized that this was not a decision taken by the Government of Sri Lanka and that the airline had to face a situation due to an incident out of the control of Sri Lankan Airlines. He completely denayed the media and social media reports saying that the suspension of direct flights between Russia and Sri Lanka was due to pressure from the government and was a decision taken against Russia. SriLankan Airlines launched direct flights between Sri Lanka and Russia on July 31 last year. Accordingly, two flights a week were operated between Colombo and Moscow.

Current Economic Crisis in Sri Lanka -Inflation is 55% .. Sri Lanka is sixth in the world

According to the latest inflation chart by Steve Hanky, a professor of applied economics at Johns Hopkins University, Sri Lanka has risen to sixth place. According to Steve Hanky’s inflation, inflation in Sri Lanka has risen to a record 55% from 14.2%. According to Prof. Steve, the implementation of a Monetary Board in Sri Lanka from 1884 to 1950 would provide an ideal solution to the high inflation in Sri Lanka. What is special is that Sri Lanka has not been included in Prof. Hanky’s inflation table before and this time Sri Lanka has risen to the sixth position in that inflation table.

A no-confidence motion against Prime Minister Imran Khan

Opposition parties in Pakistan have filed a no-confidence motion against Prime Minister Imran Khan. The no-confidence motion, which alleges that Pakistan has plunged the country into a serious crisis due to poor management of its economy, is due to be debated next Thursday and will be put to a vote within seven days. The country’s opposition leader presented a no-confidence motion in parliament yesterday afternoon, saying confidence in parliament had been shattered. Opposition leader Shehbaz Sharif presented a no-confidence motion in parliament yesterday afternoon, saying “confidence in the prime minister has plummeted”. Pakistan’s opposition coalition says 342 out of 176 seats in parliament could be won in favor of a resolution to defeat Imran Khan’s government. Pakistan’s opposition coalition says 342 out of 176 seats in parliament could be won in favor of a resolution to defeat Imran Khan’s government. He accused the current prime minister of destroying the Pakistani economy.