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Showing posts from June, 2025
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  U.S. Conducts Airstrikes on Iranian Nuclear Sites: A Major Escalation in Middle East Tensions June 22, 2025 — The United States has carried out a series of airstrikes targeting key Iranian nuclear facilities, marking a significant escalation in the ongoing conflict between the U.S., Iran, and Israel. Former President Donald Trump confirmed that the strikes hit three major sites: the Fordow Fuel Enrichment Plant, Natanz Nuclear Facility, and the Isfahan nuclear site. Trump described the operation as “highly successful,” stating that stealth B-2 bombers equipped with bunker-buster bombs, along with Tomahawk cruise missiles, were used to carry out the mission. “The full payload was dropped on Fordow, and all planes returned safely,” he said. Iranian officials acknowledged the strikes but insisted that nuclear material had been removed beforehand to prevent any radiation leaks. So far, no casualties or radiation leaks have been reported. However, Iran has warned of possible retal...
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  Sri Lanka’s Economic Crisis and Its Impact on Society and Business (2022–2025) Sri Lanka, once known for its steady growth and tourism-friendly image, experienced a severe economic crisis beginning in 2022. This case study explores what led to the crisis, how it affected the lives of people and businesses, and what steps the country has taken toward recovery by 2025. Background Before the crisis, Sri Lanka was already facing serious financial pressures. Years of borrowing, especially for large infrastructure projects, left the country with rising foreign debt. At the same time, weak tax revenue and high import dependence made the economy vulnerable. The COVID-19 pandemic pushed things further downhill, wiping out key sources of income like tourism and remittances. How the Crisis Unfolded In 2022 , the crisis became visible and intense: Sri Lanka defaulted on its debt   a first in its history. Foreign reserves dropped so low that the government couldn’t afford basic impo...