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Sri Lanka declares a state of emergency

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Sri Lanka is in a state of emergency, as protesters push for a new government amid economic uncertainty

Sri Lanka’s Prime Minister Ranil Wickremesinghe has been appointed as the nation’s acting president.

It follows the incumbent Gotabaya Rajapaksa fleeing the country on a military jet.

Sri Lanka’s Prime Minister Ranil Wickremesinghe becomes the acting president.

It is believed the 73-year-old landed in the Maldives and will soon make his way to his final destination with his wife and two security officials.

Sri Lanka is in the grips of its worst economic crisis in 70 years, with protesters storming the presidential palace at the weekend.

A man stands in the swimming pool at the Sri Lankan President’s house.

Rajapaksa promised to resign by Wednesday. His departure ends a family dynasty, which has been at the helm of Sri Lankan politics for two decades.

It’s understood police fired tear gas at protesters to stop them from clashing with security officials.

Worsening economic crisis

Sri Lanka has previously defaulted on its debt for the first time in its history.

Earlier this year, the nation was forced to come up with $78 million of unpaid debt interest payments.

Police have imposed a curfew across the Western Province, which includes the nation’s capital of Colombo.

Wickremesinghe has also announced an intention to resign if there is no consensus on forming a unity government.

The President of Sri Lanka enjoys freedom from arrest, which has allowed Rajapaksa to leave the nation to avoid being detained.

Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom. He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.

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Australia unveils major super tax overhaul

Albanese government introduces 40% tax on super balances over $10M, enhancing support for low-income earners in retirement.

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Albanese government introduces 40% tax on super balances over $10M, enhancing support for low-income earners in retirement.


The Albanese government has announced sweeping superannuation reforms, introducing a 40% tax on balances over $10 million while boosting support for low-income earners to create a fairer, more sustainable retirement system.

#Superannuation #TaxReform #Australia #Finance #Retirement #Albanese #Economy #Wealth #Investment #MoneyMatters


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Bitcoin crashes after Trump’s China tariffs

Bitcoin plunges over 12% post-Trump tariffs, igniting massive crypto liquidation and shaking investor confidence. #CryptoCrash #Bitcoin #Markets

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Bitcoin plunges over 12% post-Trump tariffs, igniting massive crypto liquidation and shaking investor confidence.


Bitcoin’s historic rally has collapsed — plunging over 12% after Donald Trump’s new tariffs on China triggered the biggest crypto liquidation ever.

Experts warn the fallout could reshape global investor confidence and market regulation.

#Bitcoin #CryptoCrash #Trump #ChinaTariffs #CryptoNews #Ethereum #Solana #Markets #Investing #Finance


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Final Gaza hostages freed in historic deal

Last 20 Israeli hostages released from Gaza; Trump calls it a historic dawn for the Middle East’s future.

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Last 20 Israeli hostages released from Gaza; Trump calls it a historic dawn for the Middle East’s future.


The last 20 Israeli hostages have been released from Gaza after two years of war, with President Trump hailing it as “a historic dawn of a new Middle East.”

Erik Simon from the Simon Wiesenthal Center joins to discuss what this means for the region’s future.

#Trump #Israel #Gaza #Hostages #MiddleEast #Ceasefire #PeaceDeal #Netanyahu #WiesenthalCenter #WorldNews


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