Author: Buzzer Editorial

Iran has suspended all incoming flights to Tehran’s Imam Khomeini International Airport “until further notice” after it launched a wave of missile strikes on Israel, according to local media reports.Imam Khomeini International Airport is one of two airports in Tehran and was recently reopened in April after being closed for weeks due to the ongoing Middle East conflict.Source: BBC –Agencies

Police say ongoing investigations into the reported theft of Rs. 35 million from a state-owned bank in Horana have increasingly pointed towards an alleged internal financial fraud rather than an external robbery.The Assistant Manager of the bank, who is currently being questioned under detention orders, was taken to the bank premises for further inquiries. During the exercise, he is reported to have provided a detailed statement on the alleged manner in which funds were misappropriated.According to investigators, the suspect is alleged to have diverted bank funds over an extended period, primarily to cover interest payments on money borrowed from multiple…

Global oil prices were up more than $2 a barrel on Monday after Israel on Sunday launched renewed strikes on Lebanon despite a truce between the two countries, eroding hopes for an end to the wider war and ​a restart to crude flows through the Strait of Hormuz.U.S. crude futures were up $2.10, ​or 2.32%, at $92.64 per barrel as of 0013 GMT, while Brent crude futures ⁠rose $2.33, or 2.5%, to $95.42 a barrel.That erased most of the losses from Friday, when prices had fallen ​on mounting hopes of a deescalation in the U.S.-Iran conflict, which started with U.S. and…

The legal counsel of former Head of the State Intelligence Service (SIS) Major General (Retired) Suresh Sallay, has sent a letter to the Director of the Criminal Investigation Department (CID), Shani Abeysekara. In the letter, the Attorney-at-Law Asith Siriwardena states that his client’s physical and mental condition has severely deteriorated, and therefore it is necessary to immediately admit him to a hospital to receive medical treatment.He further emphasizes that Sallay should be provided treatment by qualified and independent medical professionals, and that an urgent transfer to a suitable hospital capable of conducting a full medical examination and providing proper…

The Department of Railways has incurred losses exceeding Rs. 1 million due to delays in issuing season tickets to public sector employees for April and May, according to the Sri Lanka Railway Station Masters’ Union.Union Secretary Kasun Chamara Jayasekara said the delays were caused by an overtime-related dispute within the department.He explained that season tickets, which are issued to government employees at concessionary rates, were not distributed on time during the two-month period, resulting in operational difficulties and a loss of revenue.According to Jayasekara, the validity period of April season tickets was extended several times by the Railway Department, allowing…

Former President Gotabaya Rajapaksa and two military officers have been barred from travelling overseas in connection with ongoing investigations into the 2019 Easter Sunday attacks.The order was issued by Fort Magistrate Pasan Amarasena when the case concerning the Easter Sunday terror attacks was taken up today (03).The case also has named former Director of the State Intelligence Service, retired Major General Suresh Sallay, as a suspect in relation to the investigations.Accordingly, court has imposed a foreign travel ban on former President Rajapaksa and the two military officers pending further proceedings in the case.

The Trump administration has proposed imposing additional duties of 10% or ​12.5% on imports from 60 economies including Sri Lanka after determining their failures to curb trade in ‌goods made with forced labor are unreasonable and restrict U.S. commerce.The proposal from the U.S. Trade Representative’s office is the latest finding from a Section 301 unfair trade practices investigation to be released as the Trump administration seeks to ​rebuild its emergency tariffs, which were struck down by a U.S. Supreme Court decision in ​February.The USTR said it determined that it would impose 10% duties related to ⁠the forced labor investigation on imports…

The selling rate of the US dollar has surpassed the Rs. 337 mark, according to the latest daily exchange rates issued by the Central Bank of Sri Lanka (CBSL).According to the exchange rate notice issued by the Central Bank today (03), the buying rate of the US dollar was recorded at Rs. 328.00, while the selling rate stood at Rs. 337.97.In comparison, the Central Bank of Sri Lanka reported that yesterday (02), the buying rate of the US dollar was Rs. 326.75, while the selling rate was Rs. 336.60.

The Colombo Fort Magistrate’s Court has issued notice to the Criminal Investigation Department (CID) to present facts tomorrow (04) regarding a motion filed on behalf of Former Director of the State Intelligence Service (SIS), Major General (Retired) Suresh Sallay, who has been named as the third suspect in the investigation into the Easter Sunday terrorist attacks.The order was issued by Colombo Fort Magistrate Pasan Amarasena when the case was called before court today, said Buzzer News reporter.

The Court of Appeal has granted permission to proceed with the examination of a revision petition filed by Yoshitha Rajapaksa, the son of former President Mahinda Rajapaksa, seeking to set aside an order issued by the Colombo High Court.The High Court order had determined that the conspiracy charge filed against him under the Prevention of Money Laundering Act could be maintained.Accordingly, the Court of Appeal has fixed the petition for consideration on June 16, said Ada Derana reporter.The order was made following an extensive examination of the facts presented in the petition before the Court of Appeal today.