Three years after declaring an economic emergency and defaulting on its foreign debt, Sri Lanka has been reclassified as an upper-middle-income economy by the World Bank, a landmark recovery milestone that comes with significant caveats about the narrowness of the threshold crossed and the distance still to travel.
Read Full ArticleSri Lankan police arrested 198 foreigners, 173 Indians and 25 Nepalese, in the southern coastal towns of Galle, Hikkaduwa, and Midigama on May 11, 2026, as part of an ongoing cybercrime crackdown that has seen over 800 foreign nationals detained across the island nation since January 2026.
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