PWC News
Saturday, February 28, 2026
No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
No Result
View All Result
PWC News
No Result
View All Result

Sri Lankans not “much” impacted in ME after Iran attack: MFA | EconomyNext

Home Economy
Share on FacebookShare on Twitter


ECONOMYNEXT – Sri Lankans haven’t a lot impacted within the Center Jap (ME) area as a result of Iran assault, the island nation’s International Ministry stated, after Israel and the U.S. collectively bombed Tehran early on Saturday,  

International media reported that a number of Gulf Arabs acknowledged they have been focused by Iranian missiles on Saturday after Tehran pledged to retaliate towards strikes by the US and Israel, bringing battle to part of the Arab world that prides itself on relative security.

“To date there has not been a lot impression on the Sri Lankans within the Center Jap area in the meanwhile,” the International Ministry stated in a press release.

“The heads of the missions are in contact with the International Ministry. An emergency hotline might be arrange quickly.”

The Ministry stated it’s in contact with all diplomatic missions within the Center East and has arrange an emergency hotline, enabling the island nation’s expatriates to contact and stay in contact in case of any emergency necessities.

The Ministry urged folks to contact by way of +94719802822 utilizing WhatsApp and IMO or by means of hotline 1989 within the occasion of an emergency.

The Gulf area serves because the financial lifeline for Sri Lanka, internet hosting an estimated 1.5 to 2 million Sri Lankan migrant staff, primarily concentrated in Saudi Arabia, the United Arab Emirates, Kuwait, and Qatar.

This demographic represents almost 10% of the island’s complete inhabitants and is accountable for over $5 billion in annual international remittances, that are crucial for stabilizing the nation’s international alternate reserves and servicing its worldwide debt.

A full-scale conflict within the Gulf following an Israeli assault on Iran would set off a catastrophic double-edged disaster for Sri Lanka: a large humanitarian emergency requiring the high-cost evacuation and repatriation of a whole bunch of 1000’s of residents from a fight zone and an financial collapse pushed by the sudden cessation of remittance inflows and a spike in international power costs.

For a nation nonetheless navigating a fragile post-bankruptcy restoration, such a battle wouldn’t solely deplete its meager greenback reserves however might additionally reignite home social unrest as the price of residing skyrockets and the first supply of family revenue for thousands and thousands of households vanishes in a single day. (Colombo/February 28/2026) 



Source link

Tags: attackEconomyNextimpactedIranLankansMFASri
Previous Post

FIIs pour Rs 22,615 crore into Indian equities in February. Can Iran-Israel conflict flip the trend?

Next Post

A simple step could mean more Social Security each month — here’s how it works

Related Posts

A simple step could mean more Social Security each month — here’s how it works
Economy

A simple step could mean more Social Security each month — here’s how it works

February 28, 2026
Nobel economist lays out 3 major obstacles standing in MAGA’s way
Economy

Nobel economist lays out 3 major obstacles standing in MAGA’s way

February 27, 2026
Canada's economy shrinks, dragging 2025 growth to slowest pace since height of pandemic
Economy

Canada's economy shrinks, dragging 2025 growth to slowest pace since height of pandemic

February 28, 2026
Small Sri Lanka banks in focus as central bank revives consolidation: Fitch | EconomyNext
Economy

Small Sri Lanka banks in focus as central bank revives consolidation: Fitch | EconomyNext

February 27, 2026
Queensland shocker: Parents charged with manslaughter, drug trafficking and domestic violence after three-year-old son dies in car crash; probe reveals chilling details
Economy

Queensland shocker: Parents charged with manslaughter, drug trafficking and domestic violence after three-year-old son dies in car crash; probe reveals chilling details

February 27, 2026
Consumer confidence slips in latest setback for Labour 
Economy

Consumer confidence slips in latest setback for Labour 

February 28, 2026
Next Post
A simple step could mean more Social Security each month — here’s how it works

A simple step could mean more Social Security each month — here’s how it works

Bitcoin Historical Cycle Pattern Points To ,500 Bottom Target – Details

Bitcoin Historical Cycle Pattern Points To $31,500 Bottom Target - Details

LKQ Corporation (LKQ): A Bull Case Theory

LKQ Corporation (LKQ): A Bull Case Theory

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Russia Reportedly Investigates Telegram CEO Over Facilitating Terror
Cryptocurrency

Russia Reportedly Investigates Telegram CEO Over Facilitating Terror

by PWC
February 24, 2026
0

Russian authorities have initiated a prison investigation into Telegram co-founder and CEO Pavel Durov, in keeping with state media stories.Durov...

Trump threatens countries that ‘play games’ with court ruling, Sri Lanka to get 15-pct tariff? | EconomyNext

Trump threatens countries that ‘play games’ with court ruling, Sri Lanka to get 15-pct tariff? | EconomyNext

February 24, 2026
Mortgage and refinance interest rates today, February 25, 2026: A fraction higher (now 5.77%)

Mortgage and refinance interest rates today, February 25, 2026: A fraction higher (now 5.77%)

February 25, 2026
Trump Media in talks to spin off Truth Social from DJT into independent stock

Trump Media in talks to spin off Truth Social from DJT into independent stock

February 28, 2026
Sri Lankans not “much” impacted in ME after Iran attack: MFA | EconomyNext

Sri Lankans not “much” impacted in ME after Iran attack: MFA | EconomyNext

February 28, 2026
How do I get the energy price cut from April 2026?

How do I get the energy price cut from April 2026?

February 26, 2026
PWC News

Copyright © 2024 PWC.

Your Trusted Source for ESG, Corporate, and Financial Insights

  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis

Copyright © 2024 PWC.