Sri Lanka is to receive $3bn (£2.44bn) as part of a bailout plan to help the bankrupt nation which is also facing a humanitarian crisis.
The International Monetary Fund’s (IMF) executive board will give the country $333m (£272m) immediately to help it rein in its debt to sustainable levels.
However, the IMF funding will not immediately help millions of Sri Lankans, who are being squeezed by soaring costs of living, high income taxes of up to 36% and a 66% increase in power tariffs.
Half of Sri Lanka‘s families have been forced to reduce portions they feed their children, according to a survey by Save the Children released this month.
Economic mismanagement coupled with the impact of the COVID pandemic left Sri Lanka severely short of dollars for essential imports at the beginning of last year, tipping the island nation into its worst financial crisis in seven decades.
The office of President Ranil Wickremesinghe said the programme would enable it to access up to $7bn in overall funding.
“Sri Lanka is no longer deemed bankrupt by the world,” he said in a video statement.
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“As our foreign currency improves, we will gradually lift import restrictions. In the first cycle we will bring in essential goods, medicines and goods needed for the tourism industry,” Mr Wickremesinghe said, adding that he expects to table the agreement with the IMF in parliament after making a detailed statement on Wednesday.
But the IMF has also said it is assessing Sri Lanka’s governance in the first case of an Asian country facing scrutiny for corruption as part of a bailout programme.
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The senior mission chief for the IMF in Sri Lanka said the development lender was “conducting an in-depth governance diagnostic exercise which will assess corruption and governance vulnerabilities in Sri Lanka and provide prioritised and sequenced recommendations”.
“Sri Lanka will be the first country in Asia to undergo a governance diagnostic exercise by the IMF. We look forward to further engagement and collaboration with stakeholders and civil society organisations on this critical reform area,” Peter Breuer told reporters.
Sri Lankans took to the streets since last year demanding accountability for alleged corruption and demanding recovery of assets allegedly stolen by members of a former ruling family.
Since Mr Wickremesinghe took over from ousted ex-President Gotobaya Rajapaksa he has managed to reduce goods shortages and end hours-long daily power cuts.
The central bank says its reserves have improved and the black market no longer controls the foreign currency trade.
But Mr Wickremesinghe’s critics accuse him of shielding the Rajapaksa family, which still controls a majority of lawmakers in parliament, in return for their support for his presidency.
The murder trial of a former senior politician in Kazakhstan who has been accused of beating his wife to death has attracted the attention of the nation, sparking calls for new legislation tackling domestic violence.
Shocking footage showing businessman Kuandyk Bishimbayev, Kazakhstan’sformer economy minister, beating his wife at a family restaurant has been streamed online from the court.
The case has touched a nerve among the public as tens of thousands of people have signed petitions calling for new laws to hold those guilty of abuse to account.
Why is the case so high profile?
The trial of Bishimbayev, 44, is the first in the country to ever be streamed online – making it readily accessible to the 19 million people in Kazakhstan.
The former politician was already well known, having been jailed for bribery in 2018. He spent less than two years of his 10-year sentence in prison before he was pardoned.
Bishimbayev was charged with torturing and killing his wife after her death last November. For weeks, he maintained his innocence but admitted last month in court that he had beaten her and “unintentionally” caused her death.
Saltanat Nukenova, 31, was found dead in November in a restaurant owned by one of her husband’s relatives.
Disturbing CCTV footage shows the defendant, a father of four, dragging his wife by her hair, and then punching and kicking her.
Hours after it was recorded, she died of brain trauma.
Bishimbayev’s lawyers initially disputed medical evidence indicating Ms Nukenova died from repeated blows to the head.
They also portrayed her as prone to jealousy and violence, although no video from the restaurant’s security cameras that was played in court has shown her attacking Bishimbayev.
According to a 2018 study backed by UN Women, about 400 women die as a result of domestic violence in Kazakhstan every year, although many go unreported.
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Tens of thousands of people in the country have signed a petition calling for harsher measures against perpetrators of domestic violence in the wake of Ms Nukenova’s tragic death.
The signatures resulted in senators approving a bill which toughens spousal abuse laws last month – dubbed “Saltanat’s Law”.
Aitbek Amangeldy, Ms Nukenova’s brother and a key prosecution witness, told the Associated Press he had no doubt his sister’s tragic fate has shifted attitudes about domestic violence.
“It changes people’s minds when they see directly what it looks like when a person is tortured.”
Police in riot gear have raided Columbia University and arrested pro-Palestinian protesters occupying one of its buildings.
Around 30 to 40 people have been removed from the Manhattan university’s Hamilton Hall, according to police.
The raid came hours after New York City Mayor Eric Adams said the demonstration at the Ivy League school “must end now”.
He also claimed the demonstration had been infiltrated by “professional outside agitators”.
University bosses said they called in the New York Police Department (NYPD) after protesters “chose to escalate the situation through their actions”.
“After the university learned overnight that Hamilton Hall had been occupied, vandalised, and blockaded, we were left with no choice,” a university spokesman said in a statement.
“The decision to reach out to the NYPD was in response to the actions of the protesters, not the cause they are championing.
“We have made it clear that the life of campus cannot be endlessly interrupted by protesters who violate the rules and the law.”
The protest began when students barricaded the entrance of Hamilton Hall at Columbia’s campus on Tuesday and unfurled a Palestinian flag out of a window.
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Video footage showed protesters locking arms in front of the hall and carrying furniture and metal barricades to the building.
Those behind the protest said they had renamed the building “Hind’s Hall” in honour of Hind Rajab, a six-year-old girl killed in a strike on Gaza in February.
Demonstrators said they had planned to remain at the hall until the university conceded to the Columbia University Apartheid Divest’s (CUAD) three demands: divestment, financial transparency and amnesty.
“Columbia will be proud of these students in five years,” said Sweda Polat, one of the student negotiators for CUAD.
She said students did not pose a danger and called on police to back down.
Officers raided the campus on Tuesday night after university bosses wrote to New York City officials and the NYPD formally asking for assistance.
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A large group of officers dressed in riot gear entered the campus late on Tuesday evening. Officers were also seen entering the window of a university building via a police-branded ladder vehicle, nicknamed “the bear”.
Earlier, Mayor Adams urged demonstrators to leave the site. “Walk away from this situation now and continue your advocacy through other means,” he said.
Columbia University also threatened academic expulsions for students involved in the demonstration.
Protests at Columbia earlier this month kicked off demonstrations which have spread to university campuses from California to Massachusetts.
Dozens of people were arrested on Monday during protests at universities in Texas, Utah, Virginia, and New Jersey.
Police moved to clear an encampment at Yale University in Connecticut on Tuesday morning, but there were no immediate reports of arrests.
Meanwhile, the president of the University of South California issued a statement on Tuesday after a swastika was drawn on the campus.
“I condemn any antisemitic symbols or any form of hate speech against anyone,” Carol Folt said.
“Clearly it was drawn there just to incite even more anger at a time that is so painful for our community. We’re going to work to get to the bottom of this immediately, and it has just been removed.”
Earlier, National Security Council spokesperson John Kirby said President Joe Biden believed students occupying buildings was “absolutely the wrong approach” and “not an example of peaceful protest”.
Police in Georgia’s capital have used water cannon, tear gas and stun grenades against crowds outside the country’s parliament protesting against a bill the opposition says aims to crack down on press freedoms.
The legislation being debated by parliamentarians will require media and non-commercial organisations to register as being under foreign influence if they receive more than 20% of their funding from abroad.
Thousands of demonstrators gathered in the streets of Tbilisi on Tuesday to oppose the legislation.
Clashes erupted between security forces and protesters as they faced tear gas, water cannon and stun grenades.
Reuters eyewitnesses saw some police officers physically attack protesters, who threw eggs and bottles at them, before deploying the tactics to force crowds from outside the parliament building, the news agency reported.
After being dispersed, thousands continued to block Tbilisi’s main Rustaveli Avenue, barricading it with cafe tables and rubbish bins. Some shouted “slaves” and “Russians” at police.
Levan Khabeishvili, the leader of Georgia‘s largest opposition party, the United National Movement, posted an image on X with his face bloodied and sporting a black eye.
A party official told Reuters that Mr Khabeishvili was beaten by police after disappearing from central Tbilisi.
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Georgian President Salome Zourabichvili, who is opposed to the bill and whose powers are mostly ceremonial, said in a post on X the crackdown had been “totally unwarranted, unprovoked and out of proportion” and that the protests had been peaceful.
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The bill has heightened political divisions, setting the ruling Georgian Dream party against a protest movement backed by opposition groups, communities, celebrities and the figurehead president.
It is viewed by the opposition as authoritarian and bearing a resemblance to Russian anti-independent media legislation.
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Politicians brawl in parliament
Critics have labelled the divisive bill “the Russian law”, comparing it to Moscow’s “foreign agent” legislation which has been used to crack down on dissent there.