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By Noah Berman A wave of darkness engulfed Pakistan on January 24 as its aging power grid strained to meet the country’s demand for electricity. The massive outage was the latest in a series of blackouts that have become a chronic symptom of Pakistan’s ailing and climate-vulnerable economy, under duress from devastating natural disasters, a colossal […]
- Pakistan: Imran Khan’s high-stakes election gamble (Category: Breaking News)
- Does The Proposed Contempt Of Court Bill Amount To 23rd Amendment To The Constitution? (Category: Breaking News)
- China’s space success linked with its larger political, diplomatic goals: Report (Category: Breaking News)
- Indian embassy in Kuwait organises beach cleaning drive, 500 volunteers take part (Category: Breaking News)
Sri Lanka has a series of so-called 'low hanging fruits' which can be sold down
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
- Seeking Direction (Category: Business)
Gross Financing Need projected to be over 30-pct of GDP without re-structuring
- Sri Lanka in talks for credible deal with IMF to meet creditors (Category: Breaking News)
- Sri Lanka tax revenues grow 29-pct up to May amid inflation (Category: Breaking News)
- Sri Lanka debt can be made sustainable without re-structuring domestic borrowings: CB Governor (Category: Breaking News)
- Sri Lanka tax revenues up 27-pct with galloping inflation, one off levy (Category: Breaking News)
"But this time, because of this special situation that money can be used to finance the fiscal deficit as well."
- Sri Lanka central bank deep in debt, dollar shortages at ‘guidance’ rate : Wijewardena (Category: Breaking News)
- Sri Lanka cenbank says met all end-March IMF targets (Category: Breaking News)
- Sri Lanka cenbank says met all end-March IMF targets (Category: Breaking News)
- Sri Lanka cenbank says met all end-March IMF targets (Category: Breaking News)
[…]The post War On China? – V: A “Carnival” Of Quads appeared first on Colombo Telegraph.
- War On China? – VI: India & The US: Forward Policy & The Brzezinskian Project (Category: Breaking News)
- War On China? – II: US Military-Industrial Complex & The War Without End (Category: Breaking News)
- War On China? – III: Pivot To East (Category: Breaking News)
- War On China? – IV: Rules-Based International Order: Normalising Global State Terrorism (Category: Breaking News)
It is through open market operations that money is printed to mis-target interest rates
- Sri Lanka is wrong scapegoat expat workers over Undiyal: Bellwether (Category: Breaking News)
- Sri Lanka overnight money markets dry up as soft-peg drives up counterparty risks (Category: Breaking News)
- Sri Lanka economic recovery, a common minimum program (Category: Breaking News)
- Sri Lanka on Korea path, soft-peggers get their malnutrition wish: Bellwether (Category: Breaking News)
The central bank is now borrowing mainly through the ACU
- Sri Lanka central bank busts US$9.8bn since Feb 2020 to suppress rates, for stimulus (Category: Breaking News)
- Sri Lanka net government debt soars in 2021 despite zero foreign deficit finance (Category: Breaking News)
- Sri Lanka central bank deep in debt, dollar shortages at ‘guidance’ rate : Wijewardena (Category: Breaking News)
- Sri Lanka forex reserves edge up by slightly to US$1,717mn in September (Category: Breaking News)
[…]The post Causes Of Economic Crisis In Sri Lanka & Lessons For A New Age appeared first on Colombo Telegraph.
- Inflation – Public Enemy Number One (Category: Breaking News)
- Navigating The Economic Reawakening & Sustainable Growth (Category: Breaking News)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
- The Contribution Of The Monetary Policy For Overcoming The Current Economic Crisis Faced In Sri ... (Category: Breaking News)
[…] The post Why Yuan Can’t Replace Dollar As The Global Currency appeared first on Colombo Telegraph.
- Why Yuan Can’t Replace Dollar As The Global Currency (Category: Breaking News)
- Why Yuan Can’t Replace Dollar As The Global Currency (Category: Breaking News)
- Threats To The Hegemony Of The US Dollar (Category: Breaking News)
- Idiot’s Guide To Global & Domestic Debt (Category: Breaking News)
[…] The post Why Yuan Can’t Replace Dollar As The Global Currency appeared first on Colombo Telegraph.
- Why Yuan Can’t Replace Dollar As The Global Currency (Category: Breaking News)
- Why Yuan Can’t Replace Dollar As The Global Currency (Category: Breaking News)
- Threats To The Hegemony Of The US Dollar (Category: Breaking News)
- Idiot’s Guide To Global & Domestic Debt (Category: Breaking News)
[…] The post Why Yuan Can’t Replace Dollar As The Global Currency appeared first on Colombo Telegraph.
- Why Yuan Can’t Replace Dollar As The Global Currency (Category: Breaking News)
- Why Yuan Can’t Replace Dollar As The Global Currency (Category: Breaking News)
- Threats To The Hegemony Of The US Dollar (Category: Breaking News)
- Idiot’s Guide To Global & Domestic Debt (Category: Breaking News)
UNP MP Dr. Harsha De Silva yesterday warned that a clear trend of the fallout from the gambling of public money had emerged with the latest ruling from a London Court hot on the heels of losses suffered from equity market and European junk bond deals. “The London Court ruling is a further confirmation of ...
The IMF’s recently released Asia and Pacific Regional Economic Outlook (REO) shows the region continuing to lead global growth and expected to gain momentum over the course of 2012. This forecast, however, remains subject to downside risks related to the global economy, including the possibilities of a sharp fall in exports to advanced economies and ...
- Developing Asia’s growth to moderate amid global uncertainty, says ADB (Category: Business)
- Sri Lanka’s GDP growth set to outpace peer economies: Asia Wealth (Category: Business)
- Eurozone crisis dampening developing Asia’s growth prospects, warns ADB (Category: Business)
Cabraal says that reserves were built to weather demanding situation, calls on the non-banking sector to seek funds from capital markets and wants it to target 70% of GDP by 2016 By Uditha Jayasinghe Central Bank Governor Ajith Nivard Cabraal yesterday defended declining reserves, insisting that they were built up to be used in times ...
- Govt. keen to support private sector: Cabraal (Category: Business)
- Sri Lanka stocks may slump more on rates – HSBC Private (Category: Business)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
- Govt. goes for fresh $ 1 b Sovereign Bond issue (Category: Business)
MP charges that Government is focusing only on physical infrastructure and adopting a top-down development approach instead of a more inclusive and participatory humane political futureUnited National Party Parliamentarian Eran Wickramaratne asserts that the Government is depleting the resources of the municipality on an election extravaganza. In a candid interview with the Daily FT, the ...
- Hashim on UNP leadership crisis, pressing national issues (Category: Business)
- DPF to the fore (Category: Business)
- “UPFA will win the election” (Category: Business)
- Muza upbeat on Colombo (Category: Business)
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