After more than 6 hours, power has been fully restored to Sri Lanka’s transmission system, with electricity supply across the island expected to return to normal soon - National System Operator (NSO) says
The Buddhist monks who had been protesting near the Presidential Secretariat have ended their protest and are now holding a meeting at the Ministry of Buddhist and Religious Affairs; Reporter
SLPP MP Namal Rajapaksa and former Krrish Group director Janaki Siriwardhana further remanded until October 23 by the Colombo Chief Magistrate's Court in connection with the Krrish deal; Reporter
US President Donald Trump says he would not use nuclear weapons against Iran and does not see putting US troops on the ground there.
Trump also says the US is talking to Russia and China about denuclearisation.
🔴 LIVE updates: https://t.co/lVwzQSokGp
Sri Lanka Customs Crushes 2026 Revenue Target Months Ahead of Schedule
🎯 Achieved the full-year revenue target of Rs.2,207 billion by October 13, 2026
💰 Collected a total of Rs. 2,208 billion so far
📈 Surpassed the set goal with room still left in the year
🇺🇸🇮🇷 BREAKING: Trump WON’T ATTACK IRAN…at least not until after the midterms.
Trump says Washington is holding “productive discussions” with Tehran and that the United States will not attack Iran before election day.
But the blockade stays in place.
Trump claims 22 million barrels of oil passed through the Strait of Hormuz in a single night, with none coming from or going to Iran.
He also insists Iran is in severe economic and military trouble and repeats his demand that Tehran never obtain a nuclear weapon.
So this is not an announcement of peace.
Trump is promising a pause in American strikes while maintaining economic pressure and continuing negotiations.
And by explicitly tying that promise to the midterms, he has left open the question of what happens on November 4.
Looks like diplomacy; smells like desperation.
Source: Truth Social / Writer: Marie, Oliver
Language does not matter to understand why Sri Lanka went bankcrupt, it was the corruption and fiscal mismanagement. We are back on track stronger than ever before
Former First Lady Shiranthi Rajapaksa has been arrested by the Bribery Commission in connection with an ongoing investigation. Reports Hiru news
Earlier this morning, she was questioned at her residence by officers of the Bribery Commission.
BREAKING: Market expectations of a Democrat "sweep" in the 2026 Midterm elections rise to a record 67%.
Last year at this time, the market saw just a 24% chance of a Democrat "sweep."
Election Day is 29 days away.
Oil flows in the Strait of Hormuz have sharply rebounded:
Persian Gulf crude oil exports surpassed 14 million barrels per day last week for the first time since the Iran War began on February 28th.
This marks an over +210% increase from the ~4.5 million barrels per day low seen in March.
As a result, the 4-week average is up to 14 million barrels per day, the highest level in 6 months.
Persian Gulf crude oil exports have now recovered to ~80% of their pre-war levels.
This comes as the US military has increasingly secured the Strait of Hormuz and established a two-way shipping corridor along the coast of Oman, allowing oil convoys to resume through the waterway.
Meanwhile, refined fuel shipments, including gasoline, diesel and jet fuel, remain at only around 50% of pre-war levels, as these products are more expensive to transport than crude oil and some refineries in the Persian Gulf that were damaged during the early stages of the war have also yet to fully resume operations.
Oil flows are coming back, but the fuel market is still under intense pressure.