Search Results for: bailout

The Supreme Court of Sri Lanka declared Tuesday that several former politicians, including former President Gotabaya Rajapaksa, former Prime Minister Mahinda Rajapaksa and former Finance Minister Basil Rajapaksa, breached the public trust and violated Article 12 (1) of the Sri Lankan Constitution in their management of the economy. The bench ruled by a majority of [...]

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Muhammad Rayhan Ahmed is JURIST’s Bangladesh correspondent and a law student at the University of Dhaka. This is his inaugural report.  “No one believed. They listened at his heart. Little—less—nothing!—and that ended it. No more to build on there. And they, since they Were not the one dead, turned to their affairs.” These lines are [...]

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US representatives Tuesday unveiled new legislation which would subject airlines to penalties for selling tickets or delaying or canceling flights when they know they do not have sufficient staff to safely conduct the flight. Jan Schakowsky (D-IL) and David Cicilline (D-RI) unveiled the Ensuring Friendly Skies for Passengers Act to empower the Federal Trade Commission [...]

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Sri Lankan law students are reporting for JURIST on the situation in that country since mass protests and the physical invasion of the President’s House in Colombo by demonstrators forced the departure and resignation of Sri Lanka’s president and precipitated the imposition of emergency rule. Here, Sandun Batagoda, a final year law student at the [...]

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A nation-wide strike in Sri Lanka Thursday brought the country to a standstill. Since the COVID-19 pandemic struck Sri Lanka, the country has experienced shortages in food, fuel and medicine. The situation has become so dire that the government has requested donations from citizens in other countries. The crisis has been caused in part by [...]

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The United States has a long history of anti-monopoly sentiment. In the late 19th and early 20th centuries, fighting big business was a major issue in politics, with leaders across the political spectrum promising to take on large corporations. Fed up with child labor, dangerous working conditions, low wages, political corruption, and ruthless business practices, [...]

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A few months ago, the pharmaceutical company Gilead Sciences set a price tag on their drug remdesivir, the first medication shown to be effective for treating coronavirus. The price was set at $520 per vial or $3,120 per treatment course. Experts have called the price “not exorbitant,” and some expected a higher price tag. Yet, [...]

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