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US tariff hikes destabilise global economy: Kremlin
The Island
|April 09, 2025
The Kremlin spokesperson Dmitry Peskov criticised the United States on Monday for its sweeping tariff hikes, accusing it of undermining global economic stability.
“We are closely monitoring the current situation, which remains highly volatile and emotionally charged,” he said during a daily briefing on Monday.
The US-imposed tariffs on numerous countries have created a climate of economic tension and pessimistic global market projections, said Peskov.
“Of course, we are doing and will do everything necessary to minimize the consequences of this global economic turmoil for our economy,” he added, Xinhua news agency reported.
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FLERE HISTORIER FRA The Island
The Island
A bid to hose down the Augean stables
A pilot project has been launched to enable passengers to use bank cards to pay bus fares on some long-distance routes. This is a long-felt need, and it is hoped that the new scheme will be expanded to cover all bus routes gradually.
3 mins
November 25, 2025
The Island
Easter Sunday terror attacks: Pujith-Hemasiri case to be recalled on 26 Jan.
The Colombo High Court yesterday (24) ordered that the case against former IGP Pujith Jayasundara and former Defence Secretary Hemasiri Fernando, accused of failing to act on prior intelligence ahead of the 2019 Easter Sunday suicide attacks, be recalled on 26 January.
1 min
November 25, 2025
The Island
FMM condemns summoning of Editor to CID
The Free Media Movement (FMM) has condemned the summoning of the Editor-in-Chief of the Aruna newspaper, Mahinda Ileperuma, to the CID, to record a statement regarding a news article published in the paper.
2 mins
November 25, 2025
The Island
SJB MP accuses deputy minister of harassing female journalist inside Parliament building
Kandy District SJB MP Chamindranee Kiriella yesterday accused a Deputy Minister of verbally harassing a female journalist, inside Parliament building, last week.
1 min
November 25, 2025
The Island
FM pushes Canada to curb LTTE displays
Foreign Minister Vijitha Herath has urged the Canadian government to take action against activities in Canada promoting separatist ideologies linked to Sri Lanka, including public display of LTTE symbols, Ministry sources said.
1 min
November 25, 2025
The Island
Sampath Bank at the forefront of National Transport Modernisation through New Digital Fare System
Sampath Bank PLC is advancing a major national milestone through the commencement of the pilot phase of Sri Lanka's Bus Fare Digitalisation Project, implemented in collaboration with Ceylon Business Appliances (Pvt) Ltd., and Nimbus Venture (Pvt) Ltd.
2 mins
November 25, 2025
The Island
GMOA gives govt. 48 hours to announce timeline for addressing health sector ills
The Government Medical Officers' Association (GMOA) has given the government 48 hours to announce a clear timeline for addressing longstanding issues affecting doctors and the public health system, warning that failure to act could trigger intensified trade union measures.
1 min
November 25, 2025
The Island
NBRO warns against use of explosives to clear boulders at Kadugannawa
Transport Minister Bimal Rathnayake told Parliament yesterday that the National Building Research Organisation (NBRO) had warned that a planned chemical blast at the Kadugannawa landslide site, on the Colombo-Kandy Road, could further destabilise the already fragile terrain, amid the ongoing bad weather.
1 min
November 25, 2025
The Island
Indian billionaire to leave UK as Labour Party prepares major tax hit on wealthy
... to live in Switzerland, and tax-free Dubai
1 min
November 25, 2025
The Island
First coordinated recruitment drive for persons with disabilities
Sri Lanka recently marked one of its largest cross-sector pushes for disability-inclusive employment, as more than 100 jobseekers with disabilities connected directly with leading employers at Embracing Diversity — Skills and Work for Persons with Disabilities, held at the Sri Lanka Foundation Institute, Colombo 7.
1 mins
November 25, 2025
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