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The United States has called on China to deliver on its commitments to Sri Lanka. U.S. Treasury Secretary Janet Yellen said she was encouraged that China — the world’s largest sovereign creditor — had agreed to provide specific and credible financing assurances for Sri Lanka, but said China and all of Sri Lanka’s creditors needed […]
- Yellen ‘eager’ to work with China on debt, other global challenges (Category: Breaking News)
- Janet Yellen warns United States could run out of cash by June 1 (Category: Breaking News)
- Janet Yellen warns US could run out of cash by June 1 (Category: Breaking News)
- India a trusted trading partner in ‘friendshoring’ strategy: US Treasury Secretary Janet Yellen (Category: Breaking News)
By Neville Ladduwahetty During his address to the “Economic Dialogue – IMF and Beyond”, the President “declared that Sri Lanka is at a crossroad and it was the nation’s last chance to forge ahead or fail (Daily FT, 31, 2023). Now that Sri Lanka has committed itself to the terms and conditions stipulated by the […]
- Govt. decision to give two million farming families freehold land deeds will lead to shanty town... (Category: Breaking News)
- MONLAR, a force for food insecurity, now blames 70-years of government! (Category: Breaking News)
- Education, culture and health of our rural population compromised (Category: Breaking News)
- Prez vows to reform loss-making state enterprises, implement new tax regime (Category: Breaking News)
[…]The post Threats To The Hegemony Of The US Dollar appeared first on Colombo Telegraph.
- Why Yuan Can’t Replace Dollar As The Global Currency (Category: Breaking News)
- Why Yuan Can’t Replace Dollar As The Global Currency (Category: Breaking News)
- Why Yuan Can’t Replace Dollar As The Global Currency (Category: Breaking News)
- Gathering Storms Cloud On The Horizon; Military, Political, Strategic & Economic Uncertainties A... (Category: Breaking News)
[…]The post IMF Bailout: Why This Concern About Good Governance, Anti-Corruption Laws & An Independent Central Bank? appeared first on Colombo Telegraph.
- IMF Bailout Conditions Plus New Central Bank Act Will Close Doors To Modern Monetary Theory (Category: Breaking News)
- Good Governance & Economic Development (Category: Breaking News)
- Good Governance & Economic Development – Part III (Category: Breaking News)
- Good Governance & Economic Development – Part II (Category: Breaking News)
The Sri Lankan government is seeking Russian cooperation in multiple sectors, namely, tourism, air traffic, and locomotive construction, besides eyeing crude from Moscow.The post Sri Lanka mulls buying Russian oil & fertilizers appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka secures a long-term Credit Line from Russia to procure fuel (Category: Breaking News)
- Sri Lanka, Russia continue talks on loan for Russian oil products (Category: Breaking News)
- Direct employment opportunities for Sri Lankan skilled migrant workers in Russia (Category: Breaking News)
- Direct Flights to Moscow (Category: Breaking News)
Finland’s main conservative party claimed victory in parliamentary elections Sunday in a tight three-way race that saw right-wing populists take second place, leaving Prime Minister Sanna Marin’s Social Democratic Party in third, dashing her hopes for reelection. The center-right National Coalition Party (NCP) claimed victory with all of the votes counted, coming out on […]
- Australia lifts minimum wage for skilled migrant workers (Category: Breaking News)
- Louisville bank employee livestreamed attack that killed 5 (Category: Breaking News)
- New Zealand beats Sri Lanka in 2nd T20, levels series (Category: Breaking News)
- Karunaratne, Mendis take Sri Lanka to 386-4 vs. Ireland (Category: Breaking News)
An open letter to President Ranil Wickremesinghe Recent articles in the local press have publicised the government plans for introduction of nuclear power plants to Sri Lanka with Russian support. A similar decision was taken way back in 2010, by the then President to bring nuclear power plants to Sri Lanka from South Korea. At […]
- Sri Lanka Gearing To Go Nuclear By 2025 (Category: Breaking News)
- Russian Ambassador encourages Sri Lanka to consider nuclear energy collaboration (Category: Breaking News)
- Sri Lanka approves nuclear power plant construction with Russia as top contender (Category: Breaking News)
- IAEA studying plans to build nuclear power plant in Sri Lanka (Category: Breaking News)
[…]The post Vladimir Putin, Xi Jinping & Joe Biden appeared first on Colombo Telegraph.
- The Influence Of Sirima Bandaranaike & Ranil Wickremesinghe On The Foreign Policy Of Sri Lanka (Category: Breaking News)
- Putin’s Last Stand (Category: Breaking News)
- Is The World, Hopelessly Divided Over Ukraine, Coming Together For Sri Lanka? (Category: Breaking News)
- Lanka Adrift In Tempestuous Seas (Category: Breaking News)
Sri Lanka in the throes of the worst economic crisis since Independence has resorted to some desperate action; it has for the first time in its history declared bankruptcy, suspended debt repayment, secured an IMF bailout for the 17th time, and agreed to extremely stringent loan conditions, which have already caused social unrest with people […]
- How governments use IMF bailouts to hurt political opponents – new research (Category: Breaking News)
- IMF China and debt-trap (Category: Breaking News)
- Income inequality: How the rich got richer and what politicians are doing about it (Category: Business)
- SL economy, IMF claims, and reality (Category: Breaking News)
Calling India a rising power and a powerful economy, Iranian Envoy to India Iraj Elahi said that India is strong enough to resist the pressure of the West as it resisted the pressure of buying oil from Russia. The Envoy also hoped that India would start importing oil from Iran adding
- Anxieties over oil grows in Sri Lanka (Category: Breaking News)
- US exempts 11 states from Iran sanctions; China, India exposed (Category: Business)
- Iran MPs ready to ban oil exports to EU (Category: Business)
- Iran’s Ahmadinejad to visit as China slams new sanctions (Category: Business)
Sri Lankan President Ranil Wickremesinghe emphasized during an interview organized by Harvard University on the 24th, through Zoom technology, that Sri Lanka’s access to the growing Indian and African markets should not be disrupted by any big power rivalry or conflictThe post Sri Lanka’s access to growing Indian & African markets cannot be disrupted – President Ranil appeared fir...
- Sri Lanka will not allow anything harmful to India’s security – President Ranil (Category: Breaking News)
- Fearing political pressure, Sri Lanka president wants to avoid trade integrations with India (Category: Breaking News)
- Sri Lanka to establish International Trade Office to deal with International Trade Negotiations (Category: Breaking News)
- Sri Lanka President says ‘this is our last chance to forge ahead’ (Category: Breaking News)
By N Sathiya Moorthy Like it or not, in the next big election in the country, or more of them, the IMF would be the key issue. The way the government has been dragging its feet on the relatively less important local government elections (LGE), and not all its arguments are wrong, the presidential elections […]
- India continues to support debt-ridden Sri Lanka (Category: Breaking News)
- Worse than Shylock, did you say? (Category: Breaking News)
- IMF Executive Board approves bailout package for Sri Lanka (Category: Breaking News)
- US Treasury Secretary speaks to Ranil on IMF deal (Category: Breaking News)
[…]The post Conflict Resolution Might Be The Way Out? appeared first on Colombo Telegraph.
- President Should Be Responsible! (Category: Breaking News)
- What Is Wrong With The President’s Vision & Mission? (Category: Breaking News)
- The Impact Of The Next Election On The Economic Reforms (Category: Breaking News)
- Only A Unified Approach Can Solve The Economic Crisis (Category: Breaking News)
Ukraine has received since Russia’s invasion. […]
- UK to be one of worst performing economies this year (Category: Breaking News)
- Crisis-hit Pakistan strikes $3bn funding deal with IMF (Category: Breaking News)
- World leaders in India for G20 summit (Category: Breaking News)
- China and Belarus express ‘extreme interest’ in Ukraine peace (Category: Breaking News)
[…]The post Twenty Years After US Invasion Of Iraq: Reflections On Contagious Impunity! appeared first on Colombo Telegraph.
- Partial West & Shameful Muslim Leaders Complicit In Israel’s War Crimes In Gaza (Category: Breaking News)
- With Impunity Remaining Normalised, What Hope For Sri Lanka? (Category: Breaking News)
- Genocide Of Palestinian Began Since 1948 (Category: Breaking News)
- Palestinians, The Terrorists & Israelis, The Victims (Category: Breaking News)
[…]The post Waiting For Godot: Can Some Developing Nations Unite & Transform The Planet? appeared first on Colombo Telegraph.
- Planning For A Year Of Elections (Category: Breaking News)
- Lanka: Dilemmas & Economic Programmes – Do We Consume More Than We Produce? (Category: Breaking News)
- Stop The Violent Suppression Of Student Dissent & Public Universities: Sri Lankan Students & You... (Category: Breaking News)
- Is State Owned Temasek A Useful Concept For Sri Lanka? (Category: Breaking News)
[…]The post To Be Or Not To Be (A US Military Base) appeared first on Colombo Telegraph.
- Sinhala-Buddhism & The Nation State Of Sri Lanka (Category: Breaking News)
- Who Or What Made Us Insolvent (Category: Breaking News)
- Modi’s Wolf Worrier Diplomacy Opens A Window For China In South Asia (Category: Breaking News)
- Relevance Of A “Strategic Culture” To Sri Lanka (Category: Breaking News)
Sri Lanka is planning tourism promotional campaigns in nine key target markets to boost arrivals officials said as the country targets 1.55 million visitors in 2023. “There is a big plan for this year, but we are not going for a global campaign,” Chalaka Gajabahu, the Chairperson of Sri Lanka Tourism Promotion Bureau (SLTPB), told […]
- Sri Lanka to carry out tourism promotion activities in nine markets (Category: Breaking News)
- Research and Markets: Sri Lanka Tourism Report Q1 2012 - It Is Clear That 2012 Will Be another B... (Category: Breaking News)
- Long Hunt (Category: Business)
- New Watchdog (Category: Business)
Sri Lanka will carry out tourism promotion campaigns in nine markets to boost arrivals this year, Chairperson of Sri Lanka Tourism Promotion Bureau (SLTPB), Chalaka Gajabahu, told the media on Thursday. Addressing a press event on the campaign, he said that these campaigns will help the country achieve its goal of 1.55 million visitors in […]
- Brisbane markets (Category: Australia, Queensland)
- Lanka to focus on nine key tourism markets (Category: Breaking News)
- Beef Spat (Category: Business)
- Quant trading: How mathematicians rule the markets (Category: Technology)
It is welcome news for progressive opinion in the global South that some seven countries, thus far seen as having been among the poorest countries of the world, would be ‘graduating’ out of the Least Developing Country (LDC) category. Among them are; Bhutan, Bangladesh, Laos, Nepal and Angola. Hopefully, development researchers the world over would […]
- Pitfalls of export-led growth (Category: Breaking News)
- Lankan professionals discuss global urbanization challenges in low & middle income countries (Category: Breaking News)
- South Asia’s economic landscape: Hope and hurdles on path to prosperity (Category: Breaking News)
- Sri Lanka’s economy shows signs of stabilization, but poverty to remain elevated (Category: Breaking News)
[…]The post Death Penalty Again In Focus: An Efficient Criminal Justice, The Only Answer appeared first on Colombo Telegraph.
- Treating Protests & Strikes As Terrorism: ATA Requires 2/3 Plus A Referendum (Category: Breaking News)
- A case for reviving the death penalty in Sri Lanka? (Category: Breaking News)
- 1972: A Historic Opportunity Missed (Category: Breaking News)
- Conspiracy There Was, In Enthroning Gota; Not In Dethroning Him! (Category: Breaking News)
CIA Chief’s cloak-and-dagger visit: By Shamindra Ferdinando Pivuthuru Hela Urumaya (PHU) leader, Udaya Gammanpila, MP, yesterday (06) said that the Wickremesinghe-Rajapaksa government and the US embassy in Colombo should come clean on CIA Director William Joseph Burns’ Colombo visit. The former Power and Energy Minister said so in response to The Island query whether the […]
- Udaya to use RTI law to seek information about CIA Chief’s clandestine Colombo visit (Category: Breaking News)
- CIA Director’s visit: Udaya invokes RTI Act to get info (Category: Breaking News)
- Wimal questions JVP’s deafening silence over CIA Chief’s visit (Category: Breaking News)
- US pursuing ‘plan B’ with Prez, after Speaker turned down its offer (Category: Breaking News)
Russia was the top source market for tourists in Sri Lanka in February. Airport and Aviation Services (Sri Lanka) (Private) (Limited) said that 29,084 tourists arrived in Sri Lanka from Russia in February. The top five source markets for Sri Lanka in February have been Russian Federation, 29,084
- First group of post-pandemic Chinese tourists arrive in Sri Lanka (Category: Breaking News)
- World’s largest passenger airline makes rare landing in Sri Lanka (Category: Breaking News)
- Thailand and Sri Lanka hold 5th Round of FTA talks (Category: Breaking News)
- Sri Lanka’s Kaffir community to be used to attract tourists (Category: Breaking News)
By N Sathiya Moorthy The recent statements by Cabinet spokesman, Minister Bandula Gunawardena and Prof S.R.D. Rosa, the Chairman of the Sri Lanka Atomic Energy Board (SLAEB) that the nation intends going nuclear not very long from now should trigger a series of far-and-against debates in the public space, starting possibly with the social media. […]
- Policy decision taken to switch to nuclear energy (Category: Breaking News)
- IAEA studying plans to build nuclear power plant in Sri Lanka (Category: Breaking News)
- Sri Lanka seeks investors for nuclear power plants (Category: Breaking News)
- Cabinet discusses India’s concerns on Chinese “spy ship” (Category: Breaking News)
Monday, 6th March, 2023 The Rajapaksa-Wickremesinghe regime has been painting itself into a corner on the political front by going all out to scuttle the local government (LG) polls. It succeeded in delaying the elections by manipulating the Treasury to deprive the Election Commission (EC) of funds, but Friday’s Supreme Court (SC) interim order has […]
- Sajith says govt lying about there being no money to hold polls after having printed Rs 278 bn i... (Category: Breaking News)
- The government printed Rs 278 billion between October and December 2022 (Category: Breaking News)
- Udaya dismisses govt. claim of not having funds for elections (Category: Breaking News)
- Elections: Final Preparations (Category: Breaking News)
The Russian Foreign Ministry said in a statement that the G20 is destabilized by the collective West and is used in an anti-Russian, purely confrontational manner. The United States, the EU and the G7 continue their attempts to isolate Russia and shift the blame for the provoked
- China refuses to condemn Russia’s Ukraine invasion during G20 deadlock (Category: Breaking News)
- Support efforts to end Ukraine conflict, says India after Brics joint statement (Category: Breaking News)
- Support efforts to end Ukraine conflict, says India after Brics joint statemen (Category: Breaking News)
- China refuses to condemn Russia’s Ukraine invasion during G20 deadlock (Category: Breaking News)
Finance ministers of the world’s largest economies have failed to agree on a closing statement following a summit in India, after China refused to condemn Russia’s invasion of Ukraine. Beijing declined to accept parts of a G20 statement that deplored Russia’s aggression “
- Zelensky wants Xi Jinping meeting following China’s peace plan (Category: Breaking News)
- Russia hails unexpected G20 ‘milestone’ as Ukraine fumes (Category: Breaking News)
- Wagner Group chief says his mercenaries will halt their march on Moscow (Category: Breaking News)
- China ‘unsettled’ by Ukraine war, CIA director says (Category: Breaking News)
BBC reported that finance ministers of the world’s largest economies have failed to agree on a closing statement following a summit in India, after China refused to condemn Russia’s invasion of Ukraine. Beijing declined to accept parts of a G20 statement that deplored Russia’
- UN condemns Russian invasion of Ukraine ahead of anniversary (Category: Breaking News)
- Zelensky wants Xi Jinping meeting following China’s peace plan (Category: Breaking News)
- China’s Xi to meet Putin in Moscow next week (Category: Breaking News)
- Moldovan government resigns in wake of multiple crises (Category: Breaking News)
[…]The post Sri Lanka’s Asian Heritage appeared first on Colombo Telegraph.
- The Influence Of Sirima Bandaranaike & Ranil Wickremesinghe On The Foreign Policy Of Sri Lanka (Category: Breaking News)
- Prioritising National Interest In Navigating Geopolitical Waters (Category: Breaking News)
- The East Asian Disanalogy, Or Why Sri Lanka Cannot Be A Singapore (Category: Breaking News)
- The East Asian Disanalogy, Or Why Sri Lanka Cannot Be A Singapore (Category: Breaking News)
There are some disagreements over restructuring debt for distressed economies, the chief of the International Monetary Fund said on Saturday on the sidelines of a G20 meeting, adding that banning private cryptocurrencies should be an option.The post IMF flags debt restructuring hurdles, says banning crypto should be an option appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - O...
- IMF chief Kristalina and Sri Lanka President Ranil discuss ongoing reforms and debt restructurin... (Category: Breaking News)
- IMF chief Georgieva cites ‘fruitful exchange’ with China on debt issues (Category: Breaking News)
- IMF chief and Ranil discuss restructuring Sri Lanka’s debt (Category: Breaking News)
- IMF flags debt restructuring hurdles for distressed economies (Category: Breaking News)
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