PWC News
Tuesday, July 21, 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

How to Automate Ship and Debit Claims: A Step-by-Step Guide

Related Posts

The American Dream is officially on life support — thanks to Trump
Economy

The American Dream is officially on life support — thanks to Trump

July 21, 2026
Psychology says people who dance with full energy on the floor aren’t attention seekers: What this behavior may reveal about confidence, emotions and social connection
Economy

Psychology says people who dance with full energy on the floor aren’t attention seekers: What this behavior may reveal about confidence, emotions and social connection

July 20, 2026
Court ruling freezes Paramount-Warner Bros. merger for now
Economy

Court ruling freezes Paramount-Warner Bros. merger for now

July 21, 2026
Consumer win as court rejects ‘punitive’ 438pc interest on digital loan
Economy

Consumer win as court rejects ‘punitive’ 438pc interest on digital loan

July 20, 2026
FTSE 100 Live: Stocks drop as Burnham becomes PM
Economy

FTSE 100 Live: Stocks drop as Burnham becomes PM

July 20, 2026
Silicon Valley’s dirty secret: Trump has white collar workers running scared
Economy

Silicon Valley’s dirty secret: Trump has white collar workers running scared

July 19, 2026
Next Post
How to Automate Ship and Debit Claims: A Step-by-Step Guide

How to Automate Ship and Debit Claims: A Step-by-Step Guide

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

Berkshire Hathaway operating earnings fell nearly 30% in Warren Buffett’s final quarter as CEO

Berkshire Hathaway operating earnings fell nearly 30% in Warren Buffett's final quarter as CEO

Leave a Reply Cancel reply

Your email address will not be published.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

RECOMMENDED

Coca-Cola appoints JPMorgan, Citi for India bottler IPO, sources say
Business

Coca-Cola appoints JPMorgan, Citi for India bottler IPO, sources say

by PWC
July 20, 2026
0

Coca-Cola has appointed JPMorgan and Citi as bankers for a deliberate 2027 preliminary public providing of considered one of its...

U.S. companies have finally gotten  billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war | Fortune

U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war | Fortune

July 17, 2026
NEAR Governance Vote To Scrap Gas Rebates Puts Developer Incentives Under Review

NEAR Governance Vote To Scrap Gas Rebates Puts Developer Incentives Under Review

July 15, 2026
Capital One bet big on Discover. Now it must prove the gamble was worth it

Capital One bet big on Discover. Now it must prove the gamble was worth it

July 20, 2026
National Grid (NGG) Has a U.S. Power-Investment Story Bigger Than a Plain Utility Yield Label – Alphastreet

National Grid (NGG) Has a U.S. Power-Investment Story Bigger Than a Plain Utility Yield Label – Alphastreet

July 20, 2026
Catholic Nuns Battle in Court to Serve the Poor and Keep the Faith

Catholic Nuns Battle in Court to Serve the Poor and Keep the Faith

July 15, 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.