Bloomberg Sri Lankan President Maithripala Sirisena caved in to mounting pressure and reinstated Ranil Wickremesinghe as prime minister, ending nearly two months of a protracted leadership crisis that prompted Moody’s, S&P and Fitch to downgrade the island’s credit rating. Sirisena on Sunday swore in Wickremesinghe, who he had abruptly fired on October 26 and replaced with former strongman president Mahinda ...

Bloomberg North Korea told the US that sanctions and pressure — as evident from the past — won’t work to force the country into action on its nuclear programme. “The US should realise before it is too late that ‘maximum pressure’ would not work against us and take a sincere approach to implementing the Singapore DPRK-US Joint Statement,” the country’s ...

Bloomberg South Africa’s ruling African National Congress (ANC) postponed its conference on finalising lists for elections next year to give provinces time to conclude the process, the party said. The conference would be rescheduled to January 4-5 from this weekend to accommodate the North West province, which hadn’t submitted its nominations, ANC acting spokesman Dakota Legeote said by phone. The ...