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- colombotelegraph.com - Category : Breaking News - Relavancy : 0.059081264

[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 0.04431095

The developing Indo-Lanka relations, particularly the process since early 2022 should be examined taking into consideration the significant role played by Sri Lanka’s High Commissioner in New Delhi Milinda Moragoda, who received the Cabinet rank. At the time President Gotabaya Rajapaksa sent the former UNP Minister, one -time close associate of UNP leader Ranil Wickremesinghe, […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.07310933

[…]The post The New Kurukshetra: BJP & Opposition Alliances For The 2024 Elections appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 0.14770316

A gathering of BIMSTEC member states in Thailand currently could not have come at a better time, considering the rising economic needs of the South and South-East Asian regions in particular and those of the global South in general. The economic pressures at present being generated by the Ukrainian conflict, for example, help highlight the […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.07310933

Some diplomats in China say they are facing heightened scrutiny and interference from Chinese authorities, which is thwarting foreign officials’ efforts to re-engage with the country after three years of COVID-induced isolation. Twenty envoys from 12 Western and Asian delegations told Reuters that in recent months they had noticed larger police presences around some diplomatic […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.0886219

External Affairs Minister (EAM) S Jaishankar on Friday said India is responding to global challenges by pressing for diplomacy to address conflicts; promoting global cooperation and delegitimisation to counter terrorism; and advocating expanded resource access to help the Global South. The EAM was speaking at the ASEAN Regional Forum (ARF) Ministerial Meeting in Jakarta on […]

- island.lk - Category : Breaking News - Relavancy : 0.0886219

Monday 17th July, 2023 The Parliamentary Select Committee (PSC) appointed by Speaker Mahinda Yapa Abeywardena to investigate the causes of the country’s bankruptcy has come in for severe criticism, and understandably so. The Opposition has rightly pointed out that the PSC cannot be expected to act impartially under the chairmanship of General Secretary of the […]

- island.lk - Category : Breaking News - Relavancy : 0.04431095

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 […]

- onlanka.com - Category : Breaking News - Relavancy : 0.14621866

India plans to allow Sri Lanka up to 12 years to repay its debt to help ease the financial burden on the island nation, India’s Export Credit Guarantee Corporation (ECGC) Ltd’s chairman-cum-managing director M. Senthilnathan said.The post India to allow Sri Lanka to repay debt over 12 years appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- onlanka.com - Category : Breaking News - Relavancy : 0.07385158

A year after angry Sri Lankans stormed the president's residence and forced his ouster during a meltdown of the economy, the island's streets are calm, there are no serpentine queues at fuel stations and hours-long power cuts have ended.The post Analysis: A year later, Sri Lanka’s tentative economic recovery eludes the poor appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top S...

- island.lk - Category : Breaking News - Relavancy : 0.16710705

India plans to allow Sri Lanka up to 12 years to repay its debt to help ease the financial burden on the country, India’s Export Credit Guarantee Corporation (ECGC) Ltd’s Chairman-cum-Managing Director M. Senthilnathan said. Sri Lanka, facing its worst economic and political crisis in over seven decades, owes $7.1 billion to bilateral creditors— $3 […]

- colombogazette.com - Category : Breaking News - Relavancy : 3.5029821

The US will send Ukraine a cluster munitions package to help in its counteroffensive against Russia. The White House said it had postponed the decision for as long as it could because of the risk of civilian harm from such unexploded ordnance. Ukraine has been asking for the weapons for months amid

- island.lk - Category : Breaking News - Relavancy : 0.04431095

CP Chairman DEW G says lawmakers here should be aware of what is going on in the world. The Parliament cannot turn a blind eye to global developments, the former MP said, pointing out that the ongoing Ukrainian crisis underscored the need for greater understanding of international affairs as the rapid developments taking place with […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.04431095

[…]The post The March Towards ‘Akhand Bharat’ appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 0.10339221

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 crisis since independence from Britain in 1947. To help secure […]

- island.lk - Category : Breaking News - Relavancy : 0.059081264

By Chandre Dharmawardana chandre.dharma@yahoo.ca According to a recent news report (The Island 23rd June 2023), Minister Mahinda Amaraweera has claimed that the “agricultural sector to be transformed into an export-oriented economy”! This is a surprising statement since the plantation sector, established by the British, has been from the start (and even now) an export-oriented economy....

- colombogazette.com - Category : Breaking News - Relavancy : 0.40298307

The head of the Wagner mercenary group said his forces were ending a march on the Russian capital after demanding the resignation of the country’s top defense officials over alleged failures in the war in Ukraine. In a statement to his Telegram social media account, Yevgeny Prigozhin

- island.lk - Category : Breaking News - Relavancy : 0.08355352

by Rajan Philips Last week saw a spate of summits underscoring the global economic and geopolitical headwinds that governments and countries have to cope with and navigate through. First, there was the visit to China by the US Secretary of State Antony Blinken. This was followed by a state visit to Washington by India’s Prime […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.051696107

[…]The post Ranil’s Economic Strategy: Will His Prioritisation Of Targets Misfire? appeared first on Colombo Telegraph.

- colombogazette.com - Category : Breaking News - Relavancy : 0.0886219

WASHINGTON —  Indian Prime Minister Narendra Modi told U.S. lawmakers Thursday the United States-India partnership is bound by the shared values of respecting debate and equality in a democracy. “The U.S. is the oldest and India the largest democracy,” Modi said, addressing a joint meeting of the U.S. Congress. “Our partnership augurs well for the […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.03692579

CNN- Indian Prime Minister Narendra Modi basked in the most lavish honors that the US can bestow on a visiting leader. But for much of his state visit, the specter of an uninvited guest hovered over Washington and the future of US-India relations. China – and the growing belief that the US is on a collision course with […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.059081264

WASHINGTON, June 22 (Reuters) – U.S. President Joe Biden and Narendra Modi hailed a new era in their countries’ relationship after the White House rolled out the red carpet for the Indian prime minister on Thursday, touting deals on defense and commerce aimed at countering China’s global influence. “Two great nations, two great friends, and […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.04431095

By Vikas Pandey Indian Prime Minister Narendra Modi’s visit to the US has assumed huge significance amid global economic and geopolitical headwinds. The White House is pulling out all the stops to welcome Mr Modi – it’s a state visit, the highest level of diplomatic protocol the US accords to visiting leaders. Mr Modi will […]

- island.lk - Category : Breaking News - Relavancy : 0.08355352

By Prabhat Patnaik After Sri Lanka and Pakistan, Bangladesh has become the third country in our neighbourhood to become afflicted by a serious economic crisis. It has asked for a $4.5 billion loan from the IMF, apart from $1 billion from the World Bank and $2.5-3 billion from multilateral agencies and donor nations. Though the […]

- island.lk - Category : Breaking News - Relavancy : 0.48357967

From the viewpoint of the South, the recent visit by a delegation of African political leaders to Russia for the primary purpose of impressing on President Vladimir Putin the need to end the conflict in Ukraine is welcome news. The visit is doubly important for at least two main reasons

- colombogazette.com - Category : Breaking News - Relavancy : 0.07385158

After much delay, U.S. Secretary of State Antony Blinken travels to China this weekend, hoping to prevent U.S.-China tensions from spiraling further. The bilateral relationship remains the focus of intense attention, but multilateral organizations have long been sites of U.S.-China conflict. The latest arena is UNESCO, which the United States just announced plans to rejoin, largely […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.08355352

The US and China have pledged to stabilise their tense relationship following US Secretary of State Antony Blinken’s two-day visit to Beijing. Mr Blinken met China’s President Xi Jinping for talks on Monday, restarting high-level communications between the rival superpowers. Mr Xi said they had made progress, while Mr Blinken indicated that both sides were […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.04431095

[…]The post From Caretaker President To King Ranil  appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 0.0886219

Mali’s foreign minister has called on the UN to withdraw its peacekeeping force from his country “without delay”. Addressing the UN Security Council Minster Abdoulaye Diop accused the force ‘Minusma’ of having “become a part of the problem in fuelling communal tension”. Minusma has more than 13,000 troops. Its decade-old mission has failed to stop […...

- colombogazette.com - Category : Breaking News - Relavancy : 0.051696107

By Y P Prakash The growth of regional industries is crucial for India to realize its ambitions of becoming a global manufacturing hub, and India’s potential in this regard is undeniable. The International Monetary Fund predicts that India’s GDP will grow by 6.1% in 2023, surpassing China’s projected growth of 4.4%. Furthermore, India is expected […]

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