Tag: Sri Lanka

  • McDonald’s stores shut in Sri Lanka over poor hygiene case

    McDonald’s stores shut in Sri Lanka over poor hygiene case

    McDonald’s stores across Sri Lanka shut Sunday after the US fast-food giant launched a legal battle with its local franchise holder over allegations of poor hygiene, court officials said.

    The Commercial High Court of Colombo ordered the closures until April 4, after the parent company accused the local franchise holder of failing to meet international hygiene standards.

    “The closure was ordered pending an investigation,” a court official said.

    He said lawyers for McDonald’s told the court that they had terminated a franchise agreement with local company Abans last week. The hearing is to resume in early April.

    There was no immediate comment either from McDonald’s or Abans, who has held the franchise with 12 outlets since the US firm’s entry into Sri Lanka in 1998.

    Notices were seen outside McDonald’s outlets on Sunday saying they were “closed” and there was no indication if or when they may reopen.

    When a technology hitch disrupted ordering at stores across much of east Asia last week, Sri Lanka’s McDonald’s stores were unaffected.

  • 40 countries to hold elections in 2024, including Pakistan

    40 countries to hold elections in 2024, including Pakistan

    The new year is just over one month away and it is going to be the biggest election year in history yet.

    40 countries are scheduled to vote in 2024 across the globe which, as calculated by Bloomberg Economics, represent 41% of the world’s population and 42% of its global GDP.

    The marathon will begin with Taiwan in January and end with the US in November.

    Here are some of the prominent countries lined up for elections: Republic of the Congo, Democratic Republic of the Congo, Egypt, Gambia, and Libya in Africa; Brazil, Colombia, Mexico, Peru, the United States, and Venezuela in the Americas; Bangladesh, India, Indonesia, South Korea, Sri Lanka, Taiwan, Australia, and Pakistan in Asia and Oceania; Austria, Belarus, Belgium, the European Union, Finland, Germany, Ireland, Portugal, Russia, Spain, Turkey, Ukraine and the United Kingdom in Europe.

    There are, however, four elections that the world has eyes on — elections that are expected to alter geopolitics in the next decade.

    Russia will elect the new president in March who will govern until 2030, putting Russia-NATO relations at the forefront.

    In April-May, India will hold elections and as per analysts, Modi’s loss can push back investors.

    The European Union will conduct bloc-wide polls in June to appoint members of the European Parliament for the 2024-2029 which will be pertinent for the increasing friction between right-wing and left-wing policymakers on issues like immigration and Ukraine.

    The United States will hold legislative and presidential elections in November for 2025-2028, while everyone curiously waits whether Republicans will return to the White House or not.

  • South Asia worst in world for water scarcity: UN

    New Delhi (AFP) – More children in South Asia are struggling due to severe water scarcity made worse by the impacts of climate change than anywhere else worldwide, the United Nations said Monday.

    “A staggering 347 million children under 18 are exposed to high or extremely high water scarcity in South Asia, the highest number among all regions in the world,” the UN children’s agency said in a report.

    The eight-nation region, comprising Afghanistan, Bangladesh, Bhutan, India, Nepal, Maldives, Pakistan and Sri Lanka, is home to more than one-quarter of the world’s children.

    “Climate change is disrupting weather patterns and rainfall, leading to unpredictable water availability,” the UN said in its report.

    The report cites poor water quality, lack of water and mismanagement such as over-pumping of aquifers, while climate change decreases the amount of water replenishing them.

    “When village wells go dry, homes, health centres and schools are all affected,” UNICEF added.

    “With an increasingly unpredictable climate, water scarcity is expected to become worse for children in South Asia.”

    At the UN COP28 climate conference in December in Dubai, UNICEF said it will call for leaders “to secure a livable planet”.

    “Safe water is a basic human right,” said Sanjay Wijesekera, UNICEF chief for South Asia.

    “Yet millions of children in South Asia don’t have enough to drink in a region plagued by floods, droughts and other extreme weather events, triggered increasingly by climate change”.

    Last year, 45 million children lacked access to basic drinking water services in South Asia, more than any other region, but UNICEF said services were expanding rapidly, with that number slated to be halved by 2030.

    Behind South Asia was Eastern and Southern Africa, where 130 million children are at risk from severe water scarcity, the report added.

  • World Cup 2023: Sri Lanka defeats England by eight wickets

    World Cup 2023: Sri Lanka defeats England by eight wickets

    In the 25th match of the ICC ODI World Cup, Sri Lanka defeated defending champions England by eight wickets, achieving their second victory in the tournament.

    English batsmen appeared to be in trouble against Sri Lanka from the beginning with a continuous fall of wickets. Sri Lanka kept pressure on England throughout the innings.

    Half of the English team were bowled out for just 85 runs, but Ben Stokes gave them little hope of a big score, before he too was bowled out for 43 runs. Jonny Bairstow 30, David Mullan 28, Joe Root three, and David Wiley was not out scoring 15 runs.

    Sri Lanka’s Lahiru Kumara dismissed three players while Angelo Mathews, and Kisun Rajitha took two wickets each while Thakshana took one wicket.

    Chasing England’s target, Sri Lanka’s Patham Nissanka scored 77 runs off 83 balls, with the help of two sixes and seven fours.

    Siddira Wickrama remained not out with 65 runs off 54 balls while Kaushal Mendes scored 11 runs and Kaushal Perera got out with four runs.

  • ‘Sometimes cramps, sometimes I’m acting’: Rizwan’s hilarious quip is leading a meme storm

    ‘Sometimes cramps, sometimes I’m acting’: Rizwan’s hilarious quip is leading a meme storm

    Pakistanis celebrated all night long after their cricket team’s stunning victory against Sri Lanka on Tuesday night, successfully chasing down a 345 runs target with six wickets to spare. The win created history as the highest successful chase in the World Cup. Cricketers Muhammad Rizwan and Abdullah Shafiq paved the way for the team, leading it to a comfortable victory with their stunning centuries.

    Now, Rizwan’s hilarious quips after the match have taken center stage. Addressing a press conference, he talked about the cramps that plagued him while he was playing, limping on the pitch.

    Addressing the moment, Rizwan cheekily replied “Sometimes it’s cramps, sometimes I’m acting.”

    The one-liner soon led to a meme-storm on the internet, as if there weren’t enough reasons to love Muhammad Rizwan, he just gave us another one.

    With that, we just found a new way to get off from hectic work schedules thanks to Rizwan

    Not just an ace in the field, but also an ace in the meme game.

    Us next time Mama says guests arahay hain kamra saaf karo

    Bas give him an Oscar because he just gave the internet a gold star meme

  • India thrashes Sri Lanka to win Asia Cup title for 8th time

    India won the Asia Cup title for a record eighth time by defeating defending champions Sri Lanka in the final of the Asia Cup 2023 on Sunday. India easily chased down Sri Lanka’s target of just 51 runs in 6.1 overs, winning the match by 10 wickets to become Asian champions.

    Shubman Gul and Ishan Kishan remained unbeaten on 27 runs and 23 runs respectively for India.

    It should be noted that India has won the title of Asia Cup the most times.

    In the final played at Wilambo, Sri Lanka won the toss and elected to bat against India, which turned out to be the wrong decision.

    The Lankan batting started with a delay due to rain, but as soon as the match started, the Sri Lankan batting line-up was decimated, with 6 wickets down for just 12 runs. Sri Lankan players could not even enter double figures, with Kaushal Mendes becoming top scorer with 17 runs. Five Sri Lankan players were bowled out for zero.

    India captain Rohit Sharma said on the occasion of the toss that if his team had won the toss, they would have batted first.

    Read More: Did we lose the match because of Shehbaz’s tweets? X users say yes

  • Did we lose the match because of Shehbaz’s tweets? X users say yes

    Did we lose the match because of Shehbaz’s tweets? X users say yes

    Former Prime Minister (PM) Shehbaz Sharif is a big sports fan and tweets about cricket and tennis quite often. His tweets full of excitement during the Asia Cup about Pakistani cricketers created quite a stir, but not for the right reasons. Twitter (now X) users are blaming Shehbaz for Pakistan’s loss. Here’s why.

    On September 2 when Pakistan played its first match against India in Asia Cup 2023,Shehbaz tweeted that the Indians “CANNOT PLAY’ Shaheen Shah Afridi.

    However, in the next match between Pakistan and India, Shaheen’s performance was so bad that even his father-in-law Shahid Afridi was not happy with his performance.

    “If we ball like Naseem Shah in initial overs, the situation could have been different. Shaheen’s line and length were not good, he gets frustrated if he doesn’t get wickets in early overs because he is known as a wicket taker in the first over,” said Shahid about Shaheen.

    Pakistan lost the match to India by 228 runs.

    Pakistan lost the crucial Super 4 match against Sri Lanka yesterday and thus couldn’t qualify for the Asia Cup final.

    Shehbaz Sharif was quick to buck up the Boys in Green.

    “That was an incredible last over, Zaman. A great game of cricket indeed.”

    X users were quick to point out that after Shehbaz praised Shaheen, he performed badly and now that he has praised Zaman Khan, his career may be over. One user told Shehbaz to “stay away from cricket”.

    Here are some tweets:

  • Finance Ministry hits out at Atif Mian’s ‘nonsensical’ label for Pakistan’s economic policies

    Finance Ministry hits out at Atif Mian’s ‘nonsensical’ label for Pakistan’s economic policies

    The Ministry of Finance strongly responded on Saturday to recent remarks made by Pakistani-American economist Atif Mian, criticising his lack of practical understanding of economics.

    Mian had labelled the government’s economic policies as ‘nonsensical’ and suggested that Pakistan should take decisive actions to restructure its economy, citing Ghana and Sri Lanka as examples. In response, the Ministry of Finance dismissed Mian’s comments as a veiled suggestion of default and argued that his critique was purely theoretical, lacking practical insight into economics.

    The ministry refuted Mian’s comparison of Ghana and Sri Lanka, pointing out that Pakistan’s economy and population are significantly larger, making the analogy misplaced.

    Regarding Pakistan’s debt structure, the ministry clarified that less than 10 per cent of the debt consists of commercial bonds/sukuks, with the next maturity due in April 2024. The majority of the debt is owed to multilateral and bilateral creditors, who have not indicated any risk of default.

    The ministry expressed disappointment that Mian overlooked the significant reforms undertaken by Pakistan in the past nine months. These reforms included market exchange rate adjustments, interest rate modifications, mid-year taxation to improve the fiscal position, levies on petroleum products, and non-monetisation of the fiscal deficit. These actions were implemented under an unprecedented IMF programme.

    Despite the delay in reaching a staff level agreement with the IMF, the ministry assured that Pakistan’s economy would continue on the path of reform towards stability and sustainable growth.

    The ministry dismissed Mian’s unwarranted comments on nominal exchange rates, stating that Pakistan’s real exchange rate is estimated to be 15 per cent undervalued, reflecting improving fundamentals.

    In terms of petroleum prices, the ministry highlighted that historically, Pakistan has sold petroleum products at significantly lower prices compared to regional countries. Imposing additional taxes on consumers, especially given the recent price hikes and rising inflation, would be unwise.

    The ministry attributed Pakistan’s current economic crisis to international shocks, including the COVID-19 pandemic, the Ukraine war, and devastating floods. It emphasised that the present government has successfully overcome the challenges inherited from an overheated economy and breached IMF conditionality. The current account deficit has been significantly reduced, indicating progress in balancing payments.

    Lastly, the ministry pointed out that Mian failed to consider the unprecedented political challenges faced by Pakistan. It concluded by expressing optimism that with the likelihood of political stability emerging soon, a major economic turnaround is expected.

    Overall, the Ministry of Finance strongly rebutted Mian’s criticism, emphasising the government’s commitment to reforms and the resilience of Pakistan’s economy.

  • Sri Lanka is not sending elephants to Pakistan

    Sri Lanka’s High Commission in Pakistan has denied reports that the island nation plans to give two elephants to the country.

    Media reports had stated last week that Sri Lanka was gifting two elephants to Pakistan, after the demise of the Karachi Zoo’s Tanzanian elephant Noor Jehan. The pachyderm died after a very public battle with illness exacerbated by neglect from Zoo officials.

    The news was met with backlash from Pakistani social media users, including celebrities like Nadia Jamil, who took to Twitter to condemn the possibility, pointing out that Pakistan had no proper policy about the well-being and care of Zoo animals, which had led to Noor Jehan’s death.

    However, a tweet posted by the Sri Lankan High Commission has put the rumors to rest.

    “Sri Lanka has not taken action or discussed in providing Elephants to the Zoo’s in Karachi or Lahore, neither Government of Pakistan has made any such request. This post indicate the correct position in view of certain articles in media and discussions on going on social media.”

    The post did clarify that there was some truth to the claims, because the Sri Lankan Honorary Counsel in Lahore Yasin Joyia, had discussed the possibility of providing elephants to Pakistan, but he did not hold any authority to execute such decisions.

  • World Bank lowers Pakistan’s growth forecast tighter financial conditions

    World Bank lowers Pakistan’s growth forecast tighter financial conditions

    Pakistan’s current-year growth forecast has been significantly reduced by the World Bank due to tighter financial conditions and limited fiscal space. The country’s economy is now expected to grow only 0.4 per cent in the current year, compared to the October 2022 forecast of 2 per cent growth.

    This bleaker forecast assumes that an agreement is reached with the International Monetary Fund for bailout funds. Pakistan’s fiscal year runs from July to June, and the country expects its economy to grow 2 per cent in FY23, although the country’s central bank chief has warned that this forecast could face downward pressure.

    Pakistan has been in economic turmoil for months, with an acute balance of payments crisis. Talks with the IMF to secure $1.1 billion in funding as part of a $6.5 billion bailout agreed upon in 2019 have not yet yielded fruit. Lower economic output and high prices in Pakistan have led to stampedes and looting at flour distribution centres set up across the country. The World Bank attributed the greater food insecurity for South Asia’s poor to elevated global and domestic food prices.

    The World Bank also lowered its 2023 regional growth forecast to 5.6 per cent from 6.1 per cent in October, citing rising interest rates and uncertainty in financial markets as putting downward pressure on the region’s economies. Most countries have raised interest rates at a rapid pace since the war in Ukraine last year led to choking supply chains and stoked inflation globally.

    Sri Lanka’s economy is forecast to contract by 4.3 per cent this year, reflecting the lasting impact of the macro debt crisis, with future growth prospects heavily dependent on debt restructuring and structural reforms. In January, President Ranil Wickremesinghe said Sri Lanka’s economy could contract by 3.5 per cent or 4.0 per cent in 2023 after shrinking by 11 per cent last year.

    The World Bank also lowered its forecast for India’s economic growth in the current fiscal year to 6.3 per cent from 6.6 per cent, due to the expected negative impact of higher borrowing costs on consumption. The current fiscal year began on April 1.