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the island nation’s recovery from the unprecedented economic crisis as it is […]
Bankrupt Sri Lanka is caught up in a China-US battle. The situation has been further complicated by India, Japan and Australia becoming part of the US-led military alliance meant to counter China. The US-led grouping is hell-bent on enhancing its influence in Colombo as both parties woo lawmakers. Recent declaration by the ruling party that […]
[…]The post Need To Restrain The Power Of Shadow Finance appeared first on Colombo Telegraph.
Support from China, Russia and India is enabling Myanmar’s military to sustain itself and carry out human rights abuses despite its failure to consolidate power following last year’s coup, a group of international legislators has said, according to Al Jazeera report datelined Nov 03.In a report published on Wednesday, the parliamentarians said this “steadfast and uncritical” support, [...
By Rebecca Bundhun India’s economy and equity markets are outperforming most of their global peers. Despite a slew of challenges including macroeconomic headwinds stemming from Russia’s war in Ukraine, elevated crude oil prices and tightening liquidity globally, the growth story of Asia’s third-largest economy remains intact. “The Indian economy and equity markets proved to be [&...
Tamil Guardian asks: The UK policy, regarding mainly Sri Lankan Tamils held in Diego Garcia, is likely to remain unchanged. Some of those who reached Diego Garcia, home for the strategic US military base, over a year ago, have already been sent back “voluntarily” to Sri Lanka. They returned in the wake of the UK […]
[…]The post Indian-Israeli Involvement In Sri Lanka Is A Disaster appeared first on Colombo Telegraph.
intensifying global food, energy crisis – World Bank appeared first on Sri Lanka News - Latest Break...
Decades on, the UN endures but its dilemmas as regards the major powers continue unresolved. The latest development in international politics that helped highlight this problem is the Russian invasion of Ukraine in February this year. It is plain to see that the UN is helpless in the face of the invasion in which human […]
[…]The post US Vulnerabilities Coalesce appeared first on Colombo Telegraph.
Former President Maithripala Sirisena said on Sunday that the ongoing crisis in the country had been aggravated by the absence of a friendly foreign policy. Addressing a public rally in Polonnaruwa, Sirise-na said that a friendly foreign policy had existed during his tenure. He added
India’s Union Minister of State for Defence and Tourism Ajay Bhatt says Sri Lanka was in such a bad economic crisis that its security forces were unable to pay the nominal fees for training exercises in India. Bhatt, who was speaking at a session on ‘AatmaNirbharta in Defence R&
Emphasising on the need to attain self-reliance, India’s Minister of State for Defence and Tourism Ajay Bhatt said Sri Lanka was in such a bad economic crisis that its security forces were unable to pay the nominal fees for training exercises in India.The post Sri Lankan security forces couldn’t
[…]The post ‘Make The Economy Scream’: Whither The Asian 21st Century? appeared first on Colombo Telegraph.
Sri Lanka’s internet freedom declined during the period of June 2021 to May 2022 due to Government attempts to repress online activities related to protests around the economic crisis, the Freedom on the Net report 2022 said. Prolonged powercuts in the early part of the year also impacted
Sri Lanka approved legislation on Tuesday to let companies from oil-producing nations import and sell fuel as it attempts to cope with a steep oil bill that deepened its worst financial crisis in decades.The post Sri Lanka approves law to liberalize petroleum imports appeared first on Sri Lanka
A military aircraft has crashed in a residential area of the southern Russian town of Yeysk, killing at least four people and injuring up to 25. An apartment block was set on fire and emergency services called in. A nearby school was evacuated, reports say. Russia’s defence ministry said the plane, a Su-34 fighter bomber, […]
Leader of the Pivithuru Hela Uurumaya, MP Udaya Gammanpila, yesterday said that President Ranil Wickremesinghe has given a post of Presidential Adviser on Climate Change to Eric Solheim who had been sacked by the UN for wasting funds. Addressing the media in Colombo, Gammanpila said that so-called peace envoy Solheim has re-emerged as the Presidential […]
At least three explosions have been heard in the Ukrainian capital Kyiv, after air raid sirens went off. Mayor Vitalii Klitschko said residential buildings in the central Shevchenkivskiy area have been damaged. Andriy Yermak, head of President Zelensky’s office, said the attacks were from so-called kamikaze drones. It comes a week after the capital was […]
By D S KANG Liberals the world over have expressed serious concern about Giorgia Maloni’s seismic victory in the Italian elections, her expected elevation as the first far-right PM of the country since World War Two and its long-term implications for Italy as well as the rest of Europe. The far-right ideologies blended with neo-fascism […]
[…]The post IMF Must Become More Than Just A Debt Collector For Private Creditors appeared first on Colombo Telegraph.
[…]The post How We Came To This Pass: A Quest For Scapegoats appeared first on Colombo Telegraph.
A Colombo-based human rights groups has called on the Sri Lankan government to do more and take responsibility for seven of its citizens who said they were captured and tortured by Russians in eastern Ukraine.The post Sri Lanka urged to do more for citizens freed after Russian ‘torture’ appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Sri Lanka tourism is yet to see large foreign visitors after political crisis ended.
A look at global debt statistics would show that almost all countries, irrespective of their economic status, obtain loans. The USA, the second richest country on the basis of PPP index, has a debt burden of more than 100% of their GDP, which is much more than some of the developing countries such as Brunei […]
[…]The post The Paris Club, Dollar Debt Colonialism & Asia’s New “Donors”: Reforming The International Aid Architecture? appeared first on Colombo Telegraph.
Emphasising the importance of strategic economic ties between India and Saudi Arabia, External Affairs Minister S Jaishankar said on Sunday that the collaboration holds the “promise of shared growth, prosperity, stability, security and development”. Jaishankar, who reached Riyadh on Saturday, is on a three-day visit to Saudi Arabia – his first as External Affairs Minister. He […]
[…]The post After Samantha Power’s Visit appeared first on Colombo Telegraph.
[…]The post Child’s Guide To Ranilnomics: Proposed Debt Restructuring Will Pose More Issues Than Answers appeared first on Colombo Telegraph.
Chinese FM Wang Yi calls on Russia and Ukraine to ‘keep the crisis from spilling over’ and from affecting developing countries. (Al Jazeera) China and India have called for a negotiated end to the Ukraine war at the United Nations, stopping well short of robust support for traditional ally