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Month: April 2023

Sri Lanka seeks $17 billion debt reduction by restructuring

By KRISHAN FRANCIS Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka’s president has asked its parliament to approve a four-year International Monetary Fund program to restructure the country’s $17 billion in foreign debt. Lawmakers began a three-day debate Wednesday on President Ranil Wickremesinghe’s proposal to accept the IMF program. If approved, it would dictate

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Iran court issues $312.9M judgement against US amid tensions

By JON GAMBRELL Associated Press DUBAI, United Arab Emirates (AP) — An Iranian court has issued a $312.9 million judgement against the United States over a 2017 Islamic State-claimed attack on Tehran. Iran’s state-run IRNA news agency, in reporting Wednesday on the decision, offered no direct evidence to support the court’s allegation that American officials

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Ukraine launching tech cluster to boost military capability

By HANNA ARHIROVA Associated Press KYIV, Ukraine (AP) — The Ukrainian government is launching an initiative to streamline and promote innovation in the development of drones and other technologies that have been critical during Russia’s war in Ukraine. The government hopes to bring state, military, and private sector developers working on defense issues together into

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China opposes Taiwan-US defense and military exchanges

TAIPEI, Taiwan (AP) — China has warned against continued U.S.-Taiwan cooperation, responding to reports that the U.S. military is sending officers to help train Taiwan’s counterparts and that a delegation of defense contractors would visiting the self-ruled island next week. The spokeswoman for China’s Taiwan Affairs Office told reporters in Beijing on Wednesday that China

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As Assad returns to Arab fold, Syrians watch with hope, fear

By ABBY SEWELL Associated Press BEIRUT (AP) — Syrians living on opposite sides of the largely frozen battle lines dividing their country are watching the accelerating normalization of ties between the government of Bashar Assad and Syria’s neighbors through starkly different lenses. In government-held Syria, residents struggling with ballooning inflation, fuel and electricity shortages hope

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