Current:Home > MarketsSri Lanka to join US-led naval operations against Houthi rebels in Red Sea -Insightful Finance Hub
Sri Lanka to join US-led naval operations against Houthi rebels in Red Sea
View
Date:2025-04-16 19:01:39
COLOMBO, Sri Lanka (AP) — Debt-ridden Sri Lanka ’s navy is preparing to join a U.S.-led operation to protect merchant vessels sailing in the Red Sea against attacks by Houthi rebels, a Sri Lankan navy spokesman said on Tuesday.
The attacks by Houthi rebels have targeted commercial shipping vessels transiting through the critical Bab el-Mandeb Strait that links markets in Asia and Europe following the Oct. 7 attack by Hamas and Israel’s subsequent war against the militant group in Gaza.
The U.S. and its allies launched Operation Prosperity Guardian to protect ship traffic, and warships from the U.S., France, and the U.K. are patrolling the area.
No date has been set for sending the Sri Lankan ships and the area they will patrol has not been finalized, said navy spokesman Capt. Gayan Wickramasuriya.
The decision to send the ships drew criticism from opposition lawmakers in the island nation. Opposition leader Sajith Premadasa blamed the government for spending LKR 250 million ($777,000) to send ships to fight Houthi rebels in the Red Sea when Sri Lankans are experiencing severe economic hardships at home.
State Minister of Defense Pramitha Tennakoon defended the move, saying the government wants to fulfill its “global responsibilities” and noting that “Sri Lanka is against any form of terrorism.”
He added that Sri Lanka would incur no additional costs by joining the operations, as the country’s ships are already patrolling its vast maritime area in the Indian Ocean.
Sri Lanka is struggling to get through the worst economic crisis in its history. The country declared bankruptcy in April 2022 with more than $83 billion in debt — more than half of it to foreign creditors. Its economy was plunged into crisis, with severe shortages of food, fuel and other necessities.
Strident public protests led to the ouster of former President Gotabaya Rajapaksa. The IMF agreed in March last year to a $2.9-billion bailout package.
Sri Lanka hopes to restructure $17 billion of its tens of billions of outstanding debt.
Over the past year, severe shortages of essentials like food, fuel and medicine have largely abated, and authorities have restored power supplies. But public dissatisfaction has grown over the government’s efforts to increase revenues by raising electricity bills and imposing heavy new income taxes on professionals and businesses.
Last week, the government increased the rate of the valued added tax and extended it to cover many essential items, including cooking gas, fuel, medicine and others.
veryGood! (97539)
Related
- Tom Holland's New Venture Revealed
- Can a marriage survive a gender transition? Yes, and even thrive. How these couples make it work
- Hiker in California paralyzed from spider bite, rescued after last-minute phone call
- Ex-gang leader facing trial in Tupac Shakur killing seeking release from Vegas jail on $750K bail
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Air Force colonel one of 2 men killed when small plane crashed into Alaska lake
- Car dealerships are being disrupted by a multi-day outage after cyberattacks on software supplier
- Video shows deer warning yearling, Oregon family of approaching black bear
- This was the average Social Security benefit in 2004, and here's what it is now
- Why Heidi Klum Stripped Down in the Middle of an Interview
Ranking
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Seattle police officer fired for off-duty racist comments
- Mbappé watches from subs’ bench as France and Netherlands produce Euro 2024’s first 0-0
- Reggie Jackson recalls racism he faced in Alabama: 'Wouldn't wish it on anybody'
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Super Bowl parade shooting survivors await promised donations while bills pile up
- Louisiana becomes first state to allow surgical castration as punishment for child molesters
- H&M Summer Sale: Up to 77% Off! Shop $8 Dresses, $10 Pants, $25 Blazers & More Stylish Deals
Recommendation
Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
A'ja Wilson, Caitlin Clark lead first round of WNBA All-Star voting
2 killed in helicopter crash in Washington state, authorities say
Stanley Cup Final Game 6: Panthers vs. Oilers live stream, time, TV channel, odds
Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
2 crop dusting airplanes collided in southern Idaho, killing 1 pilot and severely injuring the other
Tax cuts, teacher raises and a few social issues in South Carolina budget compromise
Embattled UK journalist will not join Washington Post as editor, staff memo says