Captain Jose Vargas holds up the trophy as Venezuela’s player wearing Mexican ‘sombreros’ celebrate their 76-71 victory over Argentina during the FIBA Americas Championship final basketball game in Mexico City on Saturday.

14 Sep 2015, 12:00 am0

Captain Jose Vargas holds up the trophy as Venezuela's player wearing Mexican 'sombreros' celebrate their 76-71 victory over Argentina during the FIBA Americas Championship final basketball game in Mexico City on Saturday.

Sri Lanka hikes fuel prices as economic crisis worsens

AFP, Colombo :Sri Lanka raised fuel prices Tuesday and warned of possible petrol rationing with importers struggling to pay for oil, in a worsening economic crisis that has also sparked food shortages.The move comes just days after international ratings agency Fitch downgraded the country over fears of a sovereign default on its $26 billion foreign debt.Foreign exchange reserves are almost depleted and authorities shuttered the island’s only refinery last month.“The latest price increase is aimed at discouraging consumption,” an official...

23 Dec 2021, 12:00 am