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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 News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Price of 92 Octane Petrol increased in Sri Lanka (Category: Breaking News)
- Fuel consumption in Sri Lanka drops 50% in December (Category: Breaking News)
- First two Sinopec fuel shipments to arrive in Sri Lanka in August (Category: Breaking News)
- National Fuel Pass to be introduced today in Sri Lanka (Category: Breaking News)
Japan is working to organise a meeting of Sri Lanka’s creditors by the end of this year in hopes of solving that country’s debt crisis, the Japan News (By Yomiuri Shimbun) has learned.The post Japan to organize Sri Lanka creditors’ meeting by year-end – report appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Japan, India and France launch creditors meeting on Sri Lanka debt (Category: Breaking News)
- Tokyo will coordinate with other Sri Lanka creditors on debt (Category: Breaking News)
- Japan set to do its part over Sri Lanka debt woes – Finance Minister (Category: Breaking News)
- Some Sri Lanka creditors seeking debt restructuring deal without China (Category: Breaking News)
Japan is working to organize a meeting of Sri Lanka’s creditors by the end of this year in hopes of solving that country’s debt crisis, The Yomiuri Shimbun has learned. The meeting, which will discuss such issues as finding ways to reduce debt payments, aims to curb China’s influence by helping Sri Lanka cope with […]
- by Arundathie Abeysinghe U.S., Japan, India and Australia ready to intervene to prevent Sri Lank... (Category: Breaking News)
- Japan puts preconditions to support Sri Lanka’s debt issue (Category: Breaking News)
- Sri Lanka could wrap up debt restructure talks by Sept, president says (Category: Breaking News)
- Japan to organize Sri Lanka creditors’ meeting by year-end – report (Category: Breaking News)
In the 2022 Global Hunger Index, Sri Lanka has been ranked the lowest among South Asian nations.Sri Lanka has been ranked at 64 out of the 121 countries that were considered. With a score of 13.6, Sri Lanka has a level of hunger that is moderate, according to the GHI report released recently. In South […]
- Sri Lanka ranks 64th in Global Hunger Index 2022 (Category: Breaking News)
- Sri Lanka ranks 64 on Global Hunger Index 2022 (Category: Breaking News)
- Sri Lanka ahead of India and Pakistan in the Global Hunger Index (Category: Breaking News)
- SL ranked 82nd in innovation index (Category: Breaking News)
There are no price controls on bread
- Bakery owners in Sri Lanka lament the loss of business due to increased wheat flour prices (Category: Breaking News)
- Sri Lanka bakery owners shift price control drumbeat from eggs to wheat flour (Category: Breaking News)
- Bread Prices Increased (Category: Breaking News)
- Wheat Flour Prices Push Bakers Out Of Business (Category: Breaking News)
[…]The post Putin’s Last Stand appeared first on Colombo Telegraph.
- Russian Presidential Election Results (Category: Breaking News)
- Vladimir Putin, Xi Jinping & Joe Biden (Category: Breaking News)
- Ancient Values Influence Behaviour Centuries Later (Category: Breaking News)
- The Ugly New Face Of Terrorism (Category: Breaking News)
Sri Lanka ranked 64 out of 121 countries in the Global Hunger Index 2022. With a score of 13.6, Sri Lanka has a level of hunger that is moderate.The post Sri Lanka ranks 64 on Global Hunger Index 2022 appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka among 15 most miserable countries (Category: Breaking News)
- Sri Lanka budget to seek recovery for crisis-hit economy (Category: Breaking News)
- Sri Lanka still among 10 countries with highest food price inflation (Category: Breaking News)
- Sri Lanka begins crucial debt restructuring talks with China (Category: Breaking News)
Western countries this week ratcheted up their criticism of China, the world's largest bilateral creditor, as the main obstacle to moving ahead with debt restructuring agreements for the growing number of countries unable to service their debts.The post Global finance leaders single out China as barrier to faster debt relief appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ON...
- 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 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 […]
- What Meloni’s triumph could mean for Europe (Category: Breaking News)
- Shifting Focus (Category: Business)
- Curtain rising on heightening ‘global disorder’ (Category: Breaking News)
- Western Discontents, India’s Long Election and Sri Lankan Anniversaries (Category: Breaking News)
[…]The post IMF Must Become More Than Just A Debt Collector For Private Creditors appeared first on Colombo Telegraph.
- Hedge funds holding up vital debt relief for Sri Lanka (Category: Breaking News)
- Some creditors want to restructure Sri Lanka’s debt without China (Category: Breaking News)
- The Paris Club, Dollar Debt Colonialism & Asia’s New “Donors”: Reforming The International Aid A... (Category: Breaking News)
- China holds key to Sri Lanka’s debt restructuring to ease economic crisis (Category: Breaking News)
[…]The post How We Came To This Pass: A Quest For Scapegoats appeared first on Colombo Telegraph.
- How We Came To This Pass – The Aragalaya Challenge (Category: Breaking News)
- How We Came To This Pass – On The “Non-Rule Of Law System” (Category: Breaking News)
- Two Challenges: Economic Recovery & Political Devolution – IV (Category: Breaking News)
- How We Came To This Pass – Waiting On IMF (Category: Breaking News)
Sri Lanka abstained from voting on a resolution at the United Nations against Russia, which was passed with 143 votes. The UN General Assembly passed the resolution by a large majority, calling on countries not to recognise the four regions of Ukraine which Russia has claimed, following so-called
- Sri Lanka again abstains from voting on resolution against Russia (Category: Breaking News)
- Sri Lanka abstains from voting on Ukraine resolution (Category: Breaking News)
- HRC resolution on Sri Lanka presented to UNGA (Category: Breaking News)
- Sri Lanka abstains from UN vote on resolution against ASAT tests (Category: Breaking News)
The United Nations General Assembly on Wednesday overwhelmingly voted to condemn Russia s annexation of parts of Ukraine, a move US President Joe Biden said sent a Âclear message to Moscow.
At a time when Russian President Vladimir Putin is making it all too obvious that he will be depending on Hard Power or armed might to forge ahead with his plans in Ukraine, the conferring of the 2022 Nobel Peace Prize on a human rights campaigner of Belarus and on two organizations engaged
- Belarus, Russia, Ukraine rights activists win Nobel Peace Prize (Category: Breaking News)
- Challenge of ushering international peace (Category: Breaking News)
- UN endures, but in the shadow of big powers (Category: Breaking News)
- Proxy wars make unsettling comeback (Category: Breaking News)
"We have learned that over 75% of seats have been reserved by now," the AASL said in a statement.
- ‘Aeroflot’ suspends flights to Sri Lanka over aircraft’s arrest (Category: Breaking News)
- Russia strengthens ties with Sri Lanka (Category: Breaking News)
- Aeroflot to resume flights to Sri Lanka in October (Category: Breaking News)
- Russia s Aeroflot to resume flights to Sri Lanka from tomorrow (Category: Breaking News)
World Bank President David Malpass and International Monetary Fund Managing Director Kristalina Georgieva said there was a growing risk of global recession, with inflation remaining a continuing problem after Russia’s invasion of Ukraine.The post World Bank’s Malpass, IMF’s Georgieva see rising risks of Global Recession appeared first on Sri Lanka News - Latest Breaking News in Sri Lan...
- World Bank and IMF warn of risks of global recession (Category: Breaking News)
- IMF chief Georgieva cites ‘fruitful exchange’ with China on debt issues (Category: Breaking News)
- China agrees to formation of global sovereign debt ’roundtable’ – IMF chief (Category: Breaking News)
- Global economy faces tougher year in 2023, IMF chief warns (Category: Breaking News)
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.
- Horrific details about 07 Sri Lankans captured by Russian soldiers revealed (Category: Breaking News)
- Sri Lanka seeks details on medical students ‘rescued from Russian captivity’ in Ukraine (Category: Breaking News)
- Sri Lankan students held by Russian forces in Kharkiv region rescued – Ukrainian President (Category: Breaking News)
- Horrific details about captivity of 7 Sri Lankans by Russian soldiers revealed (Category: Breaking News)
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 Ranil’s Debt Driven Growth Strategy appeared first on Colombo Telegraph.
- Futility Of “Ranilnomics” Without Systemic Change (Category: Breaking News)
- Glocalization Without Financialization (Category: Breaking News)
- Systemic Drain (Category: Breaking News)
- RW’s National Policy & National Council (Category: Breaking News)
The Foreign Office on Friday cleared the air over India’s abstention from a vote against China at the UN Human Rights Council (UNHCR) by stating that “the vote is in line with its long held position that country specific resolutions are never helpful. India favours a dialogue to deal with such issues”. India was among […]
- ‘Intrinsic to our foreign policy, India prefers another approach to issue”, experts after India ... (Category: Breaking News)
- Dr. Subramaniam Swamy speaks at 'Defence Seminar 2012' (Category: Breaking News)
- Dr. Subramaniam Swamy speaks at 'Defence Seminar 2012' (Category: Breaking News)
- US Reaffirms India’s Sovereignty in Arunachal Amid Regional Dynamics (Category: Breaking News)
Sri Lankans have lost access to most medicine and medical supplies, setting them on course for a humanitarian disaster, Direct Relief reported. Unlike Russia’s invasion of Ukraine and the recent hurricane batterings of Puerto Rico and Florida, Sri Lanka’s crisis grew slowly and has garnered
- Americares donates more than $773,000 USD worth of medical supplies to Sri Lanka (Category: Breaking News)
- US donates medical equipment to Sri Lanka-wide hospitals (Category: Breaking News)
- US based charity sends essential medications to Sri Lanka (Category: Breaking News)
- Sri Lanka seeks bridge financing from Singapore (Category: Breaking News)
By N Sathiya Moorthy Possibly there is no precedent of the kind elsewhere. By underlining the importance of addressing ‘underlying governance factors and root causes’ that have ‘contributed’ to Sri Lanka’s unprecedented economic crisis, the UNHRC resolution, as Foreign Minister Ali Sabry, said was all a product of ‘geo-politics’ that has ‘polarised’ the UNHRC Council […]
- Sri Lanka admits facing defeat in Geneva (Category: Breaking News)
- Sri Lanka’s Foreign Minister continues attack on Canada (Category: Breaking News)
- UNHRC cannot dictate on economic reforms in Sri Lanka – Foreign Minister (Category: Breaking News)
- Ali Sabry to brief UN General Assembly (Category: Breaking News)
Sri Lanka’s economic crisis is deepening with unsustainable debt and a severe balance of payment crisis on top of lingering scars of the COVID-19 pandemic and debt restructuring and the implementation of a deep reform program are critical for Sri Lanka’s economic stabilization, says the World Bank in its twice-a-year update, underscoring the need for Sri Lanka to build resilience.The post Debt res...
- Depth of crisis affirms Sri Lanka needs new economic development model: World Bank (Category: Breaking News)
- World Bank approves Sri Lanka’s eligibility to access concessional financing (Category: Breaking News)
- World Bank approves $150 million to strengthen financial sector in Sri Lanka (Category: Breaking News)
- No new financing to Sri Lanka until macroeconomic policy framework is ready – World Bank (Category: Breaking News)
The World Bank warned that Sri Lanka’s economic crisis is deepening with unsustainable debt and a severe balance of payment crisis on top of lingering scars of the COVID-19 pandemic. Debt restructuring and the implementation of a deep reform program are critical for Sri Lanka’s economic stabilization, says the World Bank in its twice-a-year update, […]
- World Bank approves Sri Lanka’s access to concessional financing (Category: Breaking News)
- Bangladesh expects Sri Lanka to repay $200 million by March 2023 (Category: Breaking News)
- World Bank suspends financing to Sri Lanka (Category: Breaking News)
- IMF reiterates prior actions Sri Lanka must take to approve funds (Category: Breaking News)
The new resolution on ‘Promoting reconciliation, accountability and human rights in Sri Lanka’ A/HRC/51/5, that was presented at the 51st regular session of the United Nations Human Rights Council has been adopted.The post New resolution on Sri Lanka adopted at United Nations Human Rights Council with 20 votes in favour appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA...
- Sri Lanka lifts ban on Six Tamil Diaspora Organisations (Category: Breaking News)
- China backs Sri Lanka on UNHRC resolution (Category: Breaking News)
- Core Group on Sri Lanka to present draft resolution at UNHRC session (Category: Breaking News)
- Lanka fails to beat the odds (Category: Breaking News)
The priceless legacy that is Mahatma Gandhi and his thought continues to resonate in the hearts and minds of the righteous of the world. On the occasion of the 75th anniversary of India’s political independence which falls this year, it is obligatory on the part of women and men of goodwill to not only re-visit […]
- Dr A. T. Ariyaratne: A human being of iconic opulence (Category: Breaking News)
- In a historic first, Muslim World League celebrates Gandhi Jayanti, calls it an occasion to spre... (Category: Breaking News)
- Lessons from Gandhi’s life (Category: Breaking News)
- Buddha's teachings, a mean to resolve all disputes - President (Category: Breaking News)
By DR L M K Tillekeratne Chairman of the National Development Committee of the ACBC It is a well-known fact that one the problems faced by Sri Lanka today is caused mainly by shortage of electricity for domestic purposes and industries. Three decades ago, only 20 % of houses had electricity for lighting. But, today […]
- Norochcholai running out of coal: 14-hour power cuts feared (Category: Breaking News)
- Coal power plant to resume operations (Category: Business)
- Sri Lanka to build a 500 MW coal power plant in Sampur (Category: Breaking News)
- A nuclear power plant for Sri Lanka (Category: Breaking News)
[…]The post The Paris Club, Dollar Debt Colonialism & Asia’s New “Donors”: Reforming The International Aid Architecture? appeared first on Colombo Telegraph.
- Debt Restructuring As Rocket Science: The IMF, Green, Blue & Pink-Washing BlackRock? (Category: Breaking News)
- ‘Make The Economy Scream’: Whither The Asian 21st Century? (Category: Breaking News)
- Gota Back In The USA & A Chilling Killing: Welcome To 2023 A (Virtual) Realty In A Post-Truth Wo... (Category: Breaking News)
- Alternatives To The IMF & The Future Of The Welfare State: Beyond The Blame Game Between Superpo... (Category: Breaking News)
[…]The post Global Recession & Its Impact On Sri Lanka appeared first on Colombo Telegraph.
- Prospects For Global Capitalism: 2023 & After (Category: Breaking News)
- How Lanka Can Benefit From A Global Recession (Category: Breaking News)
- Social Democracy, The NPP’s Tasks & Global Extremism (Category: Breaking News)
- Lanka: Dilemmas & Economic Programmes – Do We Consume More Than We Produce? (Category: Breaking News)
;The Ukraine war on one side and the US-China rivalry, […]
- A Sri Lankan initiative to meet global challenges (Category: Breaking News)
- RW says great power rivalries and geopolitics emerging threat to Third World (Category: Breaking News)
- Chinese Ambassador outlines numerous benefits reaped by Sri Lanka from BRI (Category: Breaking News)
- Milinda blames halfhearted economic reforms over the years for current crisis (Category: Breaking News)
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