In the global political landscape of 2024, Reuters provides a comprehensive overview of key elections shaping the economic and geopolitical landscape across diverse regions. From Europe, where the rise of Eurosceptic far-right parties poses challenges to the European Union’s integration, to Russia, where Vladimir Putin is set for another term amid heightened tensions with the […]

China’s consumer price index (CPI) fell by 0.3 per cent year on year in December, marking a third consecutive monthly decline amid fears of deflationary risks Concerns have risen that China is facing similar issues to Japan’s so-called lost decades of stagnation China’s falling consumer prices in the fourth quarter have plunged full-year inflation to […]

by Dr Amali Wedagedara In Sri Lanka, public policy lost in the neoliberal haze treats the market as a cure for all ills. Not only is the market omnipresent, but it is also omniscient and omnipotent. The charm of the ‘market’ that research and advocacy lobbyists are creating is so alluring that only a few […]

by Jehan Perera The change that the country is looking for lies in the future. The change that the government has brought may have been sufficient unto the day, especially for the upper classes and the international community they fraternise with, but insufficient for the future progress and wellbeing of the masses of people.  This […]

[An article based on the Keynote Address delivered by Dr. P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, recently at the Annual Research Symposium 2023 of the University of Colombo] Introduction Inflation affects every aspect of our lives; it is a force that shapes our purchasing power, influences our financial decisions, and […]

, geopolitics, international economics, international law, etc. Continuing this tradition, during 2023,...

Member of Parliament Dr. Nalaka Godahewa says that even in this budget, the President’s plan to break a part of the opposition has failed. He said so at a recent press conference held at the Nawala office of the Freedom Janata Sabha on the budget and the current political situation. “We are in temporary relief […]

Second death anniversary by Tisaranee Gunasekara “Who has known the ocean.” Rachel Carson (Undersea) Weddings require invitations. Funerals are open spaces. None are barred; anyone can turn up, even sworn enemies. Lankan politicians make use of this openness as a political tool, thus only so far as they remain in active politics. Sirisena Cooray never […]

In Teaching English as a Second Language (TESL) classes, teachers give their students a list of words for them to find the odd one out. Then they have to explain why they thought it to be odd. It’s an exciting game because teachers include more than one word that may be interpreted as odd in […]

The convocation of the Bandaranaike Centre for International Studies, Colombo, (BCIS) for 2023, held at the BMICH on November 10, provided many a thought-provoking ‘take-away’ for the International Relations (IR) student and analyst. The principal dignitaries at the momentous event did considerable justice to current developments in the IR field and thereby rendered the convocation […]

Monday 13rd November, 2023 Anyone’s death diminishes us. However, with apologies to Donne, we are diminished beyond measure when the veterans of the fourth estate depart. On Saturday (11), former editor of The Island Gamini Weerakoon crossed the Great Divide. His funeral took place yesterday. Our readers may recall the pivotal role he played in […]

By Uditha Devapriya One of Sri Lanka’s most distinguished yet underrated economists, S. B. D. de Silva died five years ago, on June 15. His magnum opus, The Political Economy of Underdevelopment, remains as underrated and under-read – one could say unread – as he. First published by Routledge in 1982, The Political Economy of […]

Oil prices have jumped on concerns that the situation in Israel and Gaza could disrupt output from the Middle East. Brent crude, the international benchmark, climbed by $2.25 a barrel to $86.83, while US prices also rose. Israel and Palestinian territories are not oil producers but the Middle Eastern region accounts for almost a third […]