Sri Lanka president’s Marxist party wins majority

The party of Sri Lanka’s new Marxist-leaning President Anura Kumara Dissanayake won a two-thirds majority in parliament, according to official election results Friday, providing a strong mandate for his program for economic revival. Dissanayake’s National People’s Power Party won 159 of the 225 seats, according to the Elections Commission. The Samagi Jana

Majority of WTO members sign investment deal for dev

More than 120 WTO member states have finalised an agreement that aims to facilitate investment in developing countries by improving transparency and clearing bureaucratic hurdles, the global trade body said Sunday. The Investment Facilitation for Development (IFD) Agreement, signed by 75 percent of the World Trade Organization's members, would require full