Trade deficit narrows in October 2020.

Trade deficit narrows in October 2020. According to the latest external trade data released by the Central Bank, country’s trade deficit narrowed in October 2020, as a result of the decline in import expenditure outpacing the decline in export earnings. In October 2020, Sri L…

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Sri Lanka official reserves fall to US$. 5.5bn in November.

Sri Lanka official reserves fall to US$. 5.5bn in November. Sri Lanka’s gross official reserves were down by US$ 306.4 million to US$ 5,549.3 million in November 2020 from US$ 5,855.7 million in October 2020, latest Central Bank data showed. By the end of November, foreign cu…

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Banks restricted from purchasing sovereign bonds for six months.

Banks restricted from purchasing sovereign bonds for six months. The Central Bank of Sri Lanka ( CBSL ) has directed the licensed commercial banks and National Savings Bank to suspend the purchase of Sri Lanka International Sovereign Bonds (ISBs) for a period of six months u…

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International Tea Day - 15 December.

International Tea Day - 15 December. Every year on December 15th, tea-producing countries celebrate International Tea Day. The day seeks to draw the attention of governments and citizens around the world to the impact that tea trade has on workers and growers. International T…

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US ountry music legend Charley Pride dies at age 86.

US Country music legend Charley Pride died Saturday in age 86. Pride died in Dallas of complications from current globally spred, the release said.. Born on March 18, 1934, in Sledge, Mississippi, the singer was a sharecropper's son who rose to become country music's …

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2021 European Karate Championships.

2021 European Karate Championships. Croatia will host the 2021 European Karate Championships after the withdrawal of Sweden, the European Karate Federation has confirmed.  The Istrian town of Poreč will host the event from May 19 – 23, 2021.  The 2021 European Karate Champions…

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UNESCO launches Bangabandhu award on creative economy.

UNESCO launches Bangabandhu award on creative economy. UNESCO has launched an international award named after Bangabandhu Sheikh Mujibur Rahman following Bangladesh’s proposal. The UN agency’s executive board unanimously adopted the proposal on UNESCO-Bangladesh Bangabandhu S…

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Indian Tennis player Ankita Raina wins ITF doubles title in Dubai.

Indian Tennis player Ankita Raina wins ITF doubles title in Dubai. Indian Tennis player, Ankita Raina clinched her third doubles title of the season after she won the 2020 Al Habtoor Tennis Challenge jointly with her Georgian partner Ekaterine Gorgodze in Dubai.  The unseeded…

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Bill Gates honored with lifetime achievement award.

Bill Gates honored with lifetime achievement award. Microsoft founder Bill Gates was Thursday 10 December 2020 conferred TiE lifetime achievement award. Receiving the award virtually during TiE Global Summit, he said it was honour to receive this prestigious award from TiE. I…

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World Energy Conservation Day - 14 December.

World Energy Conservation Day - 14 December. World Energy Conservation Day is celebrated on 14th December globally to highlight the importance of energy consumption and its use in our day-to-day life, its scarcity and its impact on sustainability of global eco systems. It fo…

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Martyred Intellectuals Day - 14 December 2020.

Martyred Intellectuals Day - 14 December 2020. Every year on December 14th, the country of Bangladesh observes Martyred Intellectuals Day.  The bangalidesh nation observes Martyred Intellectuals Day on December 14 in every year to commemorate those intellectuals who were kill…

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Russian navy to join NATO countries in drills for first time in decade.

Russian navy to join NATO countries in drills for first time in decade. The Russian navy will take part in military drills with multiple NATO members for the first time since 2011, Russia's Southern Military District announced on Thursday 10 December 2020. The drills will…

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Mahinda Deshapriya appointed chairman of Delimitation Commission.

Mahinda Deshapriya appointed chairman of Delimitation Commission. Former chairman of the Election Commission Mahinda Deshapriya has been appointed as Chairman of the Delimitation Commission. The other members appointed to the Delimitation Commission are Jayalath Ravi Dissanay…

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Nana Akufo-Addo has re elected as the President of Ghana.

Nana Akufo-Addo has re elected as the President of Ghana. Ghana's incumbent President Nana Akufo-Addo has been declared the winner of the country's 2020 presidential election. His New Patriotic Party (NPP) secured 6,730,413 or 51.6% votes. The 76-year-old is a veteran…

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Argentina's lower house passes bill legalizing abortion.

Argentina's lower house passes bill legalizing abortion. Lawmakers in Argentina’s lower house on Friday 11 December 2020 passed a bill that would legalize abortion in most cases, a proposal from President Alberto Fernández in response to long-sought demands from women’s …

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Geminids meteor shower visible from Sri Lanka tonight (13 December 2020.)

Geminids meteor shower visible from Sri Lanka tonight (13 December 2020.) The Geminids meteor shower will be best seen from Sri Lanka tonight (December 13) and in the early hours of tomorrow (December 14), according to the Arthur C. Clarke Institute for Modern Technologies (…

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World needs to declare ‘climate emergency’ - UN.

World needs to declare ‘climate emergency’ - UN. The United Nations (UN) secretary general has called on all countries to declare a climate emergency. António Guterres was speaking at a virtual summit on the fifth anniversary of the Paris climate agreement, He criticised rich …

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SL’s second wave of pandemic to worsen contraction of economy in 2020: ADB.

SL’s second wave of pandemic to worsen contraction of economy in 2020: ADB. The second wave of the pandemic in Sri Lanka is expected to worsen the contraction of the economy this year, the Asian Development Bank (ADB) warned in its latest outlook. "In Sri Lanka, economic…

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Eric Yuan: TIME's Businessperson of the year 2020.

Eric Yuan: TIME's Businessperson of the year 2020. CEO of Zoom, conferencing platform, Eric Yuan has been named as the "Businessperson of the year" by TIME Magazine due to the growth of usage Zoom application in the current pandemic. He started at WebEx as a cod…

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PSLV-C50 to launch communication satellite CMS-01.

PSLV-C50 to launch communication satellite CMS-01. The launch of communication satellite CMS-01 onboard the Polar Satellite Launch Vehicle (PSLV-C50), is scheduled on December 17 from the Satish Dhawan Space Centre at Sriharikota. "PSLV-C50, which is the 52nd mission of …

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International Universal Health Coverage Day - 12 December.

International Universal Health Coverage Day - 12 December. Each year on 12 December, the world celebrates the International Universal Health Coverage Day (UHC Day), an official UN-designated day, to raise awareness of the need for strong, equitable and resilient health syste…

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Joe Biden, Kamala Harris jointly named Time’s ‘Person of the Year’ 2020.

Joe Biden, Kamala Harris jointly named Time’s ‘Person of the Year’ 2020. U.S. President-elect Joe Biden and Vice President-elect Kamala Harris were jointly named Time magazine’s 2020 “Person of the Year” on Thursday 10 December 2020. The TIME magazine releases the annual list…

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Sri Lankan Airlines wins Four Star Major Official Airline rating from APEX.

Sri Lankan Airlines wins Four Star Major Official Airline rating from APEX. Sri Lankan Airlines was awarded “Four Star rating for Major Official Airline” for 2021 by The Airline Passenger Experience Association (APEX), at the Future Travel Experience (FTE) Virtual Expo Award…

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S&P Global Ratings has downgraded Sri Lanka on debt servicing risks.

S&P Global Ratings has downgraded Sri Lanka on debt servicing risks. Rating agency S&P Global Ratings slashed Sri Lanka’s credit rating to “CCC+/C” on Friday 11 December 2020, citing concerns that risks to the island nation’s debt servicing capacity have risen as the…

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Christmas Star to be visible this festive season for first time in 800 years.

Christmas Star to be visible this festive season for first time in 800 years. On December 21, a bright object will appear in the night’s sky. Astronomers have dubbed it the ‘Christmas Star’ due to it appearing over the festive season. However, the astronomical object is not a…

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International Day of Neutrality - 12 December.

International Day of Neutrality - 12 December. Every year on December 12th, the International Day of Neutrality promotes the importance of peaceful, friendly, and mutually beneficial relations between countries. When a country is neutral, it means they are not taking a side i…

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The world of football mourns the passing of Paolo Rossi.

The world of football mourns the passing of Paolo Rossi. FIFA and the world of the football has learned today with much sadness and emotion the terrible news of the passing of Paolo Rossi at the age of 64 years. Football loses another true legend, a symbol, and another great…

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UNICEF Birthday - 11 December.

UNICEF Birthday - 11 December. Each year on December 11th, the world celebrates the UNICEF Birthday commemorating the day it was created in 1946. Headquartered in New York City, UNICEF is a member of the United Nations Development Group and its Executive Committee. Since its …

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International Mountain Day - 11 December.

International Mountain Day - 11 December. International Mountain Day, held each year on 11 December, was established by the UN General Assembly in 2003. The UN encourages events to be organized at all levels that day on behalf of sustainable development in mountains. Healthy …

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World’s richest banker Joseph Safra dies at aged 82.

World’s richest banker Joseph Safra dies at aged 82. Joseph Safra, a Lebanese-born financier who became the world’s richest banker after building an international business empire from his adopted country Brazil, has died aged 82. Famous for his discretion and conservatism, Sa…

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