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Italy's prime minister, Mario Draghi, resigned as prime minister. Mario Draghi formed a coalition government last February. Five popular parties decided to withdraw their support for the government. Because of this, the prime minister announced he was resigning. However, it...

The President, Prime Minister, and other politicians are expected to leave within 72 hours. If appropriate decisions are not made within 72 hours, the entire work force will be brought to the "aragalaya premises," said Ravi Kumudesh, convener of the...

Gerry Rice, an IMF spokesperson, notes that the IMF has already begun discussions with Sri Lankan technical teams. However, talks with senior officials are expected to resume soon. He held a press conference yesterday (14) to announce the IMF's future...

Today, Prime Minister Ranil Wickremesinghe was sworn in as Sri Lanka's Acting President. According to the Prime Minister's Media Division, he was sworn in as Acting President in front of Chief Justice Jayantha Jayasuriya. Former President Gotabaya Rajapaksa appointed Ranil...

Power and positions are rarely relinquished. According to an official statement issued by Sri Lanka's Podujana Peramuna, no executive president has ever left power in this manner.

The country will shut down if a stable government is not formed soon, Central Bank Governor Dr. Nandalal Weerasinghe told the BBC today. He also stated that negotiations with the IMF are heavily reliant on the formation of a stable...

Speaker of Parliament Mahinda Yapa Abeyawardana informs Parliament that it will meet tomorrow. Parliament was scheduled to meet today but due to delay in president's resignation it did not take place.

Sri Lankan President Gotabaya Rajapaksa was allowed to enter Singapore on a private visit on Thursday and was not granted asylum, according to the city-state, after arriving from the Maldives. "It has been confirmed that Mr. Rajapaksa has been granted...

Gotabaya Rajapaksa has submitted his resignation via e-mail from Singapore, the parliamentary speaker's office said Thursday.  Sri Lanka’s embattled leader left the Maldives on Thursday after fleeing his own country amid an economic collapse and political crisis. Rajapaksa was allowed to...

The speaker has received a letter of resignation from President Gotabaya Rajapakse. Official announcement will be made by speaker after authenticating the letter.