-
Economic losses from natural disasters fall to $100 bn in first half of 2026: Swiss Re
-
Ukraine says Russia fired N. Korean missiles in deadly attack
-
Colombia scrambles to find survivors as quake kills 132
-
Oil prices jump further as hopes for Hormuz deal fade
-
Singapore says AI-related demand lifting economy
-
Trump says would be 'terrible mistake' to oust embattled Infantino
-
Demeter Tactical Investments (ME) Limited bolsters governance with two board appointments
-
Charity races to raise millions to buy historic English estate
-
Russian barrage on Ukraine kills 9, wounds dozens
-
Hungary parliament to elect Orban-critic judge as president
-
Schools closed as Indonesia battles wildfires
-
Wallabies lock Amatosero given three-match ban for Japan red card
-
Swiatek dominates Shnaider to set up Toronto semi with Svitolina
-
Swiatek races into Toronto semis as Svitolina battles through
-
Oil prices rise further as hopes for Hormuz deal fade
-
'Big Four' bowlers back as ageing Australia begin gruelling run
-
One year after Putin-Trump summit, 'spirit of Anchorage' dissipated
-
AI's hunger for power sparks US private gas plant boom
-
Farage vs Count Binface: What to know about UK snap poll
-
Memphis AI data center fuels pollution fight in Black neighborhood
-
Torment of Afghan fathers as daughters deprived of education
-
Ceuta leader wants migrant detention centre after influx
-
Return of displaced Syrian Kurds to hometown suspended after violence
-
Colombia scrambles to find survivors as quake kills 111
-
Swiatek races past Shnaider into Toronto semi-finals
-
Rain postponements wreck Montreal Masters schedule
-
Meta pushes global AI vision amid race with OpenAI, Anthropic and China
-
Notts Forest owner Marinakis sues Palace over gun banner - reports
-
US judge ends graft case against India's Adani
-
Koech gets three-year ban, stripped of US 1,500m title
-
Anderson retires after 10 MLB seasons after 'too much pain'
-
Sensational Ingebrigtsen back with more European gold
-
Colombia in state of emergency as quake kills 111
-
'A scare': Brazil player leaps into tunnel in joy over goal
-
Britain's Amy Hunt wins European women's 100m gold
-
USA Swimming CFO Hilliard arrested for alleged theft
-
Trump order pushes for overhaul of childhood vaccine schedule
-
Trump insists Netanyahu relationship 'very good' despite Gaza rift
-
Global stocks mixed while oil prices jump on Hormuz
-
Ingebrigtsen delivers masterclass for seventh European athletics gold
-
Turkey MPs back historic law on reintegrating Kurdish militants
-
Colombia declares state of emergency after quake kills 111
-
'Dreams disappear' as Gaza students await evacuation to Italy
-
Golden relay double for Britain at Europeans as Marchand takes silver
-
Third European gold for Schilder in women's shot put
-
Barcelona's Araujo heads to Liverpool on loan
-
Golden relay double for Britain at Europeans as Marchand settles for silver
-
Tupac Shakur murder trial begins 30 years after rapper's death
-
US had hottest month on record in July
-
Russia bars only anti-war party from elections
Crisis-hit Sri Lanka set for uneasy 'economic war cabinet'
Sri Lanka was set to form a new cabinet on Monday as bitter political rivals make common cause to tackle a worsening economic crisis after last week's deadly violence, party leaders said.
Protestors remained camped outside President Gotabaya Rajapaksa's residence demanding that he resign meanwhile, as troops continued to patrol the streets while ordinary Sri Lankans queued up for scarce supplies.
Ranil Wickremesinghe, appointed prime minister for a sixth time on Thursday, has struggled to form a "unity government" after the main opposition insisted that Rajapaksa should follow his brother Mahinda who quit as premier last week.
However, two stalwarts from the main Samagi Jana Balawegaya (SJB) opposition party agreed to break ranks and join an "economic war cabinet", party sources told AFP.
Opposition leader Sajith Premadasa said his party would not block in parliament any legitimate "solutions to the economic problems".
Another opposition group, the Sri Lanka Freedom Party (SLFP), said they will also offer conditional support to Wickremesinghe, overturning their earlier decision not to.
"We will support any correct decisions taken by the new government to address tour grave economic crisis," SLFP leader Maithripala Sirisena said in a letter to the premier.
Official sources said the full cabinet was likely to be sworn in ahead of Tuesday's parliamentary session, the first since 73-year-old Wickremesinghe's appointment.
Four ministers were sworn in on Saturday, all from Rajapaksa's Sri Lanka Podu Jana Peramuna (SLPP) party.
However, there is no finance minister yet, and it is widely expected that the prime minister will retain the crucial portfolio to lead ongoing negotiations with the IMF for an urgent bailout.
Wickremesinghe has also called for international support.
He held talks Sunday with World Bank and Asian Development Bank representatives in Colombo focusing on the issues facing the supply of medicines, food, fuel and fertiliser, his office said in a statement.
"While explaining that discussions have been positive, the Prime Minister stated that the government is facing the immediate challenge of securing funds to pay for the fuel requirement for this coming week," the statement said.
"Due to the dollar shortages in the banks, the government is now exploring other options of securing the necessary funding."
Shortages of food, fuel and medicines, along with record inflation and lengthy blackouts, have brought severe hardships to the country's 22 million people.
Protesters across the Buddhist-majority nation have for weeks demanded the resignation of President Rajapaksa over Sri Lanka's worst economic crisis since independence in 1948.
The appointment of Wickremesinghe has so far failed to quell public anger at the government for bringing Sri Lanka to the brink of economic collapse.
Thousands continue to protest outside the president's sea-front office demanding his resignation where they have been since April 9.
Long queues stretched outside the few fuel stations that were still open on Monday, a Buddhist holiday, as motorists waited for rationed petrol.
Heavily armed troops were still patrolling the streets with a state of emergency still in effect after at least nine people were killed in violence last week.
E.Schubert--BTB