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The risks from China’s debt pile are mounting as the country grapples with an economic slowdown and property crisis, a leading credit ratings agency has said. Moody’s issued the warning as it cut its outlook on the government’s debt to negative, from stable.The firm is the latest to raise concern about problems facing the world’s […]
- World leaders in India for G20 summit (Category: Breaking News)
- How India overcame bitter G20 divisions over Ukraine (Category: Breaking News)
- Belt and Road Initiative: Is China’s trillion-dollar gamble to transform the world working? (Category: Breaking News)
- China sends top envoy Wang Yi to Russia for security talks (Category: Breaking News)
Weeks of mounting political tension have erupted into protests and bloodshed in Bangladesh, leaving the country on edge ahead of general elections due in January. Several senior opposition leaders were arrested last Sunday, a day after a massive rally against the government turned violent, resulting in the deaths of at least two opposition supporters. The rejuvenated […]
- Hezbollah steps back from all-out war on Israel over Gaza – for now (Category: Breaking News)
- Taiwan elects William Lai president in historic election (Category: Breaking News)
- World leaders in India for G20 summit (Category: Breaking News)
- Australians vote No in historic referendum (Category: Breaking News)
World leaders have been gathering in India ahead of a G20 summit between nations that are divided on many issues, the biggest being the war in Ukraine following Russia’s invasion. On Friday evening US President Joe Biden met his host, Indian Prime Minister Narendra Modi, with the leaders pledging cooperation in a raft of areas. […]
- How India overcame bitter G20 divisions over Ukraine (Category: Breaking News)
- Russia hails unexpected G20 ‘milestone’ as Ukraine fumes (Category: Breaking News)
- Modi US visit: Why Washington is rolling out the red carpet for Indian PM (Category: Breaking News)
- India stands with Manipur -PM Modi (Category: Breaking News)
Singaporeans have chosen Tharman Shanmugaratnam as their next president – but many would have let out a small sigh of disappointment as they did so. On Friday, the former top minister won a record 70.4% of the votes, comfortably beating two other candidates in the country’s first contested presidential election in more than a decade. […]
- Singaporeans vote for ceremonial president after rare political scandals (Category: Breaking News)
- Iceland’s PM to strike over gender pay gap (Category: Breaking News)
- 1,000 buses evacuate scouts from disaster-hit World Jamboree (Category: Breaking News)
- Two officers injured in blast outside interior ministry in Turkey (Category: Breaking News)
At first glance, life in Sri Lanka's financial capital Colombo looks deceptively normal.The post Is the worst over for Sri Lanka’s economic crisis? appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- USAID Administrator Samantha Power arrives in Sri Lanka (Category: Breaking News)
- Sri Lanka’s revenue shortfall concerns IMF team – sources (Category: Breaking News)
- Sri Lanka aims to have $2.9 billion IMF loan finalised in December (Category: Breaking News)
- Sri Lanka hit by record brain drain, but some stay to rebuild (Category: Breaking News)
Udeni Kaluthantri, a 54-year-old port worker, became an overnight sensation last year for reasons that had nothing to do with his job. Days after protesters stormed the presidential palace in the Sri Lankan capital Colombo, a video surfaced of Mr Kaluthantri lounging on a bed draped with the presidential flag. Pictures of young men jumping […]
- Brazil’s President vows to punish rioters who stormed Congress (Category: Breaking News)
- Mass arrests in Brazil as President condemns ‘terrorist’ riots (Category: Breaking News)
- Pakistan’s Supreme Court rules Imran Khan arrest was illegal (Category: Breaking News)
- A divided Japan bids farewell to its slain ex-PM (Category: Breaking News)
Crisis-hit Pakistan has reached a staff-level agreement with the International Monetary Fund (IMF) over $3bn (£2.4bn) of funding. The deal, which still needs to be approved by the global lender’s board, comes after an eight-month delay. The South Asian nation is facing its worst economic
- Pakistan’s ex-president, Pervez Musharraf dies aged 79 (Category: Breaking News)
- JP Morgan to take over First Republic bank (Category: Breaking News)
- Nearly 40 pupils killed by militants in Uganda school attack (Category: Breaking News)
- Protesters among prisoners pardoned by Iran leader (Category: Breaking News)
The UK is set to be one of the worst performing major economies in the world this year, according to the International Monetary Fund (IMF). It says the UK economy’s performance in 2023 will be the worst among the 20 biggest economies, known as the G20, which includes sanctions-hit Russia
- Prince Harry accuses Prince William of physical attack (Category: Breaking News)
- FBI makes arrests over alleged secret Chinese ‘police stations’ in New York (Category: Breaking News)
- Turkey earthquake death toll could increase eight-fold (Category: Breaking News)
- UK Government to block Scottish gender bill (Category: Breaking News)
Sri Lanka's national carrier has been struggling against even more headwinds than many of its rivals.The post Sri Lanka airline boss says ‘don’t be a CEO during Covid’ appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- SriLankan Airlines obtains Government’s approval to recruit foreign pilots (Category: Breaking News)
- SriLankan Airlines participates at the Ottawa Travel and Vacation Show (Category: Breaking News)
- SriLankan Airlines, Korean Air activate codeshare partnership (Category: Breaking News)
- Dialog, SriLankan offer star points, FlySmiLes conversion (Category: Breaking News)
At least 34 migrants from sub-Saharan Africa – including children and babies – are missing off the Tunisian coast after their boat capsized. It is the fifth migrant boat to sink in two days, with seven people confirmed dead so far, and 67 still missing. Authorities believe the boat was heading for Italy. The Tunisian […]
- Six killed by 28-year-old shooter in Tennessee (Category: Breaking News)
- Boat that sank off southern Greece had 100 children in hold (Category: Breaking News)
- US, UK and Australia agree on nuclear submarine project (Category: Breaking News)
- Protesters clash with Police in Paris over pension reforms (Category: Breaking News)
with the International Monetary Fund […]
- US tells Sri Lanka to protect freedom of expression (Category: Breaking News)
- US calls on Sri Lanka to conclude debt restructuring agreements (Category: Breaking News)
- US envoy in Sri Lanka says young people are the future (Category: Breaking News)
- US envoy meets Washington based Sri Lankan diaspora (Category: Breaking News)
The Central Bank of Sri Lanka (CBSL) bank has urged China and India to agree a write-down of their loans as soon as possible.The post Central Bank Governor urges China and India to reduce Sri Lanka’s debts soon appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka’s Central Bank Governor explains debt restructuring process (Category: Breaking News)
- Sri Lanka gives China deal details, keeping IMF aid on track (Category: Breaking News)
- Sri Lanka’s Central Bank Governor asks critics to provide alternatives (Category: Breaking News)
- IMF to visit Sri Lanka in late August for staff-level agreement – Central Bank Governor (Category: Breaking News)
Sri Lanka’s central bank has urged China and India to agree a write-down of their loans as soon as possible. The crisis-hit Indian Ocean state defaulted on its debt repayments and negotiated a $2.9bn (£2.4bn) bailout. But the International Monetary Fund will not release the cash until China
- Modi US visit: Why Washington is rolling out the red carpet for Indian PM (Category: Breaking News)
- UN condemns Russian invasion of Ukraine ahead of anniversary (Category: Breaking News)
- Sri Lanka: The fate of a protest that toppled a president (Category: Breaking News)
- How India overcame bitter G20 divisions over Ukraine (Category: Breaking News)
The New Year 2023 is definitely going to be a significant year for India’s leadership ambitions. India’s presidency of the G20 forum as well as the Shanghai Corporation Organization (SCO), brings with itself the rare opportunity to present to the world that India is well-prepared and well-equipped to clinch its position as an emerging power. […]
- Sri Lanka seeks to engage with G20 during India’s presidency (Category: Breaking News)
- IMF chief seeks timely resolution of Sri Lanka’s debt restructuring (Category: Breaking News)
- India to invite “guest countries” for G20 summit in 2023 (Category: Breaking News)
- Modi says India greatly sensitive to Sri Lanka’s needs (Category: Breaking News)
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 […]
- Westminster event declares support for Canadian action against Rajapaksa brothers (Category: Breaking News)
- Lanka warned of Extraterritorial jurisdiction (Category: Breaking News)
- Sri Lanka’s foreign policy dilemma (Category: Breaking News)
- UK considers imposing sanctions on Gen. Silva, others over ‘war crimes’ (Category: Breaking News)
Sri Lanka central government debt falls to US$32.4bn from US$50.5 billion rupees
- Sri Lanka net government debt soars in 2021 despite zero foreign deficit finance (Category: Breaking News)
- Sri Lanka’s EPF hit by US$6.5bn hair cut after soft-peg collapse (Category: Breaking News)
- Sri Lanka central bank US$4.0bn in debt by March 2022 (Category: Breaking News)
- Sri Lanka central bank busts US$9.8bn since Feb 2020 to suppress rates, for stimulus (Category: Breaking News)
[…]The post The Aragalaya & Morality appeared first on Colombo Telegraph.
- Why I Don’t Support The Aragalaya (Category: Breaking News)
- Ranil-Gota Twosome: One Gone, The Other Is Acting Up (Category: Breaking News)
- Futility Of Transforming A Nation Built Over A Political Cesspit (Category: Breaking News)
- Saying No To Authoritarian Governance (Category: Breaking News)
assport of a British national, Kayleigh Fraser, who had posted about the protests on social media, seized
- Rights group accuses Sri Lanka of cracking down on dissent (Category: Breaking News)
- Rights group says Sri Lanka harassed, intimidated protesters (Category: Breaking News)
- Sri Lankan President Ranil Wickremesinghe needs to end crackdown – Human Rights Watch (Category: Breaking News)
- Sri Lanka president rejects claims of protester crackdown amid continuous arrest (Category: Breaking News)
A leading human rights group has accused the new Sri Lanka Government of cracking down on dissent. The Sri Lankan Government is using emergency regulations to harass and arbitrarily detain activists seeking political reform and accountability for the country’s economic crisis, Human Rights Watch said today. Since Ranil Wickremesinghe was sworn in as President on July […]
- Ranil urged to adopt measures to protect basic rights (Category: Breaking News)
- Ranil urged to end use of counter terror laws on protesters (Category: Breaking News)
- HRW accuses Sri Lanka of ignoring EU GSP+ requirements (Category: Breaking News)
- HRW says economic crisis puts rights in Sri Lanka in peril (Category: Breaking News)
The Governor of Sri Lanka’s Central Bank, Nandalal Weerasinghe, has warned that the country may shut down if no stable government is formed soon.The post Sri Lanka faces shutdown without stable Government – Central Bank Governor warns appeared first on ONLANKA News - Sri Lanka News - Sri Lanka News Live and Breaking News Today.
- Sri Lanka’s Central Bank Governor asks critics to provide alternatives (Category: Breaking News)
- Sri Lanka’s Central Bank Chief says Money printing has drastically reduced in 2022 (Category: Breaking News)
- Sri Lanka faces shutdown without stable govt- CBSL governor warns (Category: Breaking News)
- Sri Lanka to introduce new central bank law, inflation target (Category: Breaking News)
Sri Lanka could have avoided its current economic turmoil if it had gone to the International Monetary Fund (IMF) for a bailout sooner, the country’s central bank governor says. P Nandalal Weerasinghe told BBC Newsnight that the delay in seeking outside help was a mistake. The country
- Man charged with terrorism after deadly Oslo attack (Category: Breaking News)
- Man arrested after 4 July mass shooting in US (Category: Breaking News)
- China Covid app restricts residents after banking protests (Category: Breaking News)
- Gunman targets homeless people in Canada shooting (Category: Breaking News)
By Nick Beake Billions of dollars of Chinese money are boosting some European economies – but some of the deals being struck have a catch. Critics say they are “debt traps”, where China gets to choose what happens if loans aren’t repaid. China insists it is a reliable investment partner – but it is also […]
- China urges EU to reach debt deal without delay (Category: Business)
- Beijing envoy warns Dutch of retaliation for chip curbs: ‘China won’t just swallow this’ (Category: Breaking News)
- China to keep investing in euro zone debt – China c.bank gov. (Category: Business)
- China signs forced labour treaties as Xinjiang scrutiny grows (Category: Breaking News)
The International Monetary Fund (IMF) has warned that Sri Lanka style protests could break out in other countries if there is no proper Government support. Governments need to subsidise the cost of food and energy for the poorest members of society, the head of the International Monetary Fund (IMF
- Ukraine invasion could cause global food crisis, UN warns (Category: Breaking News)
- Peter Dutton named Australia’s opposition leader (Category: Breaking News)
- UK to be one of worst performing economies this year (Category: Breaking News)
- Israel and Switzerland confirm Monkeypox cases (Category: Breaking News)
LONDON (Reuters): Britain’s economy shrank far more than expected in the second quarter, battered by everything from an extra public holiday to government spending cuts and the neighbouring euro zone crisis. Finance minister George Osborne said figures released on Wednesday showed Britain had “deep-rooted economic problems,” adding that the slump in the second quarter was ...
- Indonesia’s tourism sector to focus on emerging markets (Category: Business)
- Growth is better than expected – CB (Category: Business)
- Growth gloom (Category: Business)
- Global 2012 rubber output forecast revised up: ANRPC (Category: Business)
Following is the address delivered by Senior Minister for International Monetary Cooperation Dr. Sarath Amunugama at the fourth South Asia Economic Summit (SAES IV) Plenary Session: In the aftermath of the global economic crisis, there has been a noticeable shift in economic clout, moving from the USA and the debt-plagued countries of the Eurozone, to ...
- Asia Pacific trade and investment (Category: Business)
- Developing Asia’s growth to moderate amid global uncertainty, says ADB (Category: Business)
- Challenging times for Asia Pacific (Category: Business)
- Achieving economic goals amidst global challenges (Category: Business)
By S. V. Kirubaharan - in France Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly, and applying the wrong remedies.” — Julius Henry, Groucho Marx, American comedian and film star (1890-1977). When life is smooth and everything goes in the right direction, normal civilians can become President, Prime Minister ...
- Ex-IMF Chief Strauss-Kahn, wife separate (Category: Business)
- WORLD ROUNDUP – By Dinouk Colombage (Category: Breaking News)
- Euro zone crisis reaches France, turns existential (Category: Business)
- French President’s partner dubbed the new Iron Lady (Category: Business)
By Athiyan Silva Further evidence has emerged in recent weeks of the continuing political disintegration of the separatist Liberation Tigers of Tamil Eelam (LTTE), which was militarily crushed in May 2009 by the Sri Lankan military. Several reports indicate that...
- Sri Lankan president at the UN denies war crimes (Category: Breaking News)
- Sri Lankan govt reaches agreement with LTTE faction led by Pathmanathan alias "KP" (Category: Breaking News)
- Govt is Using KP's Data base on the LTTE to Crush the international tiger network-Defence Secret... (Category: Breaking News)
- Ex-LTTE Chief "KP" speaks out: An Interview With T.Selvarasa Pathmanathan alias KP (Category: Breaking News)
June 16, 2010: 11.00 am Siobhain McDonagh: (Mitcham and Morden) (Lab): I am grateful for the chance to highlight again the appalling treatment of Tamil civilians by the Sri Lankan Government....
- Answer given by British Prime Minister to question on Sri Lanka War Crimes Tribunal (Category: Breaking News)
- British Parliament spotlight on Sri Lanka again (Category: Breaking News)
- Tamil American Peace Initiative Responds to SL Foreign Minister’s US Visit (Category: Breaking News)
- 41 British MPs urge Prime Minister Cameron to support an independent, international war crimes i... (Category: Breaking News)
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