New York Usa Sri Lanka county Bond Government crisis reports New York Usa Sri Lanka county Bond

GOSL asks US court to dismiss case filed by Hamilton Reserve Bank over default

Reading now: 236
www.newsfirst.lk

COLOMBO (News 1st) – The Sri Lankan government has asked a US judge to dismiss the case filed by Hamilton Reserve Bank for defaulting on bonds, the financial news agency Bloomberg reported.

The government had requested that the case in New York be dismissed over the country reaching debt default, stating that the case brought by one bank is an “apparent attempt to gain leverage over a nation in crisis and jump ahead of other foreign creditors.”   Hamilton Reserve Bank, based in the Caribbean islands of St.

Kitts & Nevis, filed legal action citing the country’s default on a $1 billion sovereign bond. The 5.875% interest International Sovereign Bonds were due for payment two months ago on July 25, 2022.

When contacted by News 1st, the Finance Ministry confirmed that arguments were presented with regard to the relevant case. According to court documents seen by News 1st, Hamilton Reserve Bank has charged that under the terms of the Bonds, Sri Lanka owes it a total of US$257,539,331.25.

Read more on newsfirst.lk
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

Ranil Wickremesinghe - Kajimawatte fire guts over 80 houses; over 200 displaced - newsfirst.lk - Japan - Sri Lanka
newsfirst.lk
49%
755
Kajimawatte fire guts over 80 houses; over 200 displaced
COLOMBO (News 1st); Eighty houses were completely destroyed following a fire that broke out in a series of houses in Kajimawatte, Grandpass on Tuesday (27) night.Sri Lanka Police said the fire was contained by over fifty firefighters who battled the blaze for several hours.Sri Lanka Police added that 220 people were displaced by the fire, and they were moved to a community hall and a temple temporarily until the area is cleared.The Government Analyst will be summoned on Wednesday (28) to determine the cause of the fire.Colombo District Secretary Pradeep Yasaratne told News 1st that steps will be taken to provide relief to the people who were displaced by the fire.He said a proposal was put forward to award the displaced families houses from housing complexes owned by the Urban Development Authority.President Ranil Wickremesinghe, who is on an official visit to Japan, has instructed the President’s Secretary Saman Ekanayake to take steps to provide immediate relief to all the residents affected by the fire that broke out at the Kajimawatta complex in Thotalanga, Colombo.The President had instructed Secretary Saman Ekanayake to intervene immediately and direct the Colombo GA, Tri Forces Commanders, the Fire Brigade, the Health Department, the Urban Development Authority and all other relevant government agencies to look into the needs of the people who were residing in the apartment complex and provide them the required facilities immediately.Accordingly, all relevant departments have already taken steps to provide the maximum intervention required to douse the fire and provide all other necessary facilities promptly.The President has further stated that special attention should be provided to attend to the needs of
Stephen Lecce - Oakville teacher controversy: Ontario College of Teachers asked to review professional standards - globalnews.ca - county Ontario
globalnews.ca
49%
304
Oakville teacher controversy: Ontario College of Teachers asked to review professional standards
Oakville, Ont., teacher’s attire.“In this province, in our schools, we celebrate our differences and we also believe that there must be the highest standards of professionalism in front of our kids,” Education Minister Stephen Lecce said Friday when asked about the situation.“And on that basis, I’ve asked the Ontario College of Teachers to review and to consider strengthening those provisions with respect to professional conduct which we think would be in the interest of all kids in Ontario.” School board aware of possible protests over Oakville teacher’s attire as dress code under review Images have gone viral online and in the media in recent days, appearing to show a teacher at Oakville Trafalgar High School wearing large prosthetic breasts in class.Protests were held on Friday and over the weekend regarding the situation.The Ontario College of Teachers website says it “licenses, governs and regulates Ontario’s teaching profession in the public interest.” It is responsible for licencing teachers, setting ethical standards, investigating concerns, among other responsibilities.All publicly funded teachers in the province must be certified by the college.Also last week, trustees with the Halton District School Board (HDSB) met and agreed to review the dress code.The board has said that it is “committed to establishing and maintaining a safe, caring, inclusive, equitable and welcoming learning and working environment for all students and staff.”“We strive to promote and support a positive learning environment in schools consistent with our values and to ensure a safe and inclusive environment for all students, staff and the community, regardless of their race, age, ability, sex, gender identity, gender expression,
Jeff Cole - Devon Smith - Sean Dolan - Brian Devaney - Fanta Bility shooting: 3 Sharon Hill officers charged in child's shooting death due in court - fox29.com - state Pennsylvania - state Delaware - county Hill - city Sharon, county Hill
fox29.com
83%
420
Fanta Bility shooting: 3 Sharon Hill officers charged in child's shooting death due in court
SHARON HILL, Pa. - The three Sharon Hill police officers charged in the death of Fanta Bility, 8, are due in court Monday. Officers Devon Smith, Sean Dolan and Brian Devaney are each charged with 12 criminal counts of manslaughter and reckless endangerment in relation to the August 2021 shooting. The officers were also fired from the force following the fatal shooting. Authorities say Bility and her family were leaving a football game at Academy Park High School when a shooting between two men erupted in a crowd of people. Bullets from the shooting were fired in the direction of the three officers who were monitoring the crowd. RELATED HEADLINESThe officers reportedly returned fire, shooting toward a car they believed was involved in the initial gunfire, fatally striking Bility, officials say. Investigators later determined that the bullets fired toward the officers originated from an argument between 16-year-old Angelo "A.J." Ford and Hasein Strand, 19. The officers are set to arrive at the Delaware County courthouse in Media, Pennsylvania, to learn the fate of the charges against them. The mother of 8-year-old Fanta Bility spoke to FOX 29's Jeff Cole on the eve of the one-year anniversary of the deadly police shooting that claimed the life of her daughter. The family was leaving a Delaware County high school football game when a shooting erupted between two men and prompted nearby officers to return fire.
Donald Trump - Letitia James - Why isn't Donald Trump in cuffs if AG's probe found potential crimes? - fox29.com - New York - city New York - city Washington - city Chicago - city Manhattan
fox29.com
49%
853
Why isn't Donald Trump in cuffs if AG's probe found potential crimes?
NEW YORK (AP) - New York's attorney general says her three-year investigation of former President Donald Trump uncovered potential crimes in the way he ran his real estate empire, including allegations of bank and insurance fraud.So why isn't Trump being prosecuted?Attorney General Letitia James didn't seek to slap handcuffs on the Republican this week, as some of his critics hoped. Instead, she announced a civil lawsuit seeking $250 million and his permanent banishment from doing business in the state.Like many things involving the law and Trump, the reasons James, a Democrat, opted for a lawsuit rather than a prosecution are complicated.For one, even if she did want to prosecute Trump, she doesn't have jurisdiction under state law to bring a criminal case against him or any of the lawsuit's other defendants, including the Trump Organization and his three eldest children, Donald Jr., Ivanka and Eric Trump.In New York, the state attorney general's office is only allowed to prosecute a limited range of offenses on its own, like bid rigging and payroll violations.Otherwise, the office must partner with a county district attorney on a prosecution — as James' office did with the Manhattan district attorney's office in a case against Trump's longtime finance chief — or obtain what's known as a criminal referral from the governor or a state agency that has jurisdiction over the alleged wrongdoing.New York Attorney General Letitia James has filed a lawsuit against former President Donald Trump and the Trump Organization alleging business fraud involving several assets, including properties in Manhattan, Chicago and Washington, D.C.
Iran protests: At least 9 killed as demonstrations over woman’s death spread - fox29.com - Iran - Uae - city Dubai, Uae - city Tehran, Iran
fox29.com
45%
765
Iran protests: At least 9 killed as demonstrations over woman’s death spread
Dozens of people stage a demonstration to protest the death of a 22-year-old woman under custody in Tehran Iran on September 21, 2022. (Photo by Stringer/Anadolu Agency via Getty Images) DUBAI, United Arab Emirates - Clashes between Iranian security forces and protesters angry over the death of a 22-year-old woman in police custody have killed at least nine people since the violence erupted over the weekend, according to a tally Thursday by The Associated Press.The scope of Iran's ongoing unrest, the worst in several years, still remains unclear as protesters in more than a dozen cities — venting anger over social repression and the country’s mounting crises — continue to encounter security and paramilitary forces.To prevent protests from spreading, Iran's biggest telecom operator largely shut down mobile internet access again Thursday, said Netblocks, a group that monitors internet access, describing the restrictions as the most severe since 2019.An anchor on Iran's state television suggested the death toll from the mass protests could be as high as 17 on Thursday, but did not say how he reached that figure.In a country where radio and television stations already are state-controlled and journalists regularly face the threat of arrest, the paramilitary Revolutionary Guard urged the judiciary on Thursday to prosecute "anyone who spreads fake news and rumors" on social media about the unrest.
DMCA