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[…]The post The Aragalaya & Morality appeared first on Colombo Telegraph.
Serena Williams has suggested she is set to retire from tennis, saying she will be “evolving away” from the sport after the US Open. Writing for Vogue, the American 23-time Grand Slam singles champion said she is moving towards “other things that are important to me”, adding she does not like the word “retirement”. In […]
Serena Williams claimed her first singles win in 14 months as she beat Spain’s Nuria Parrizas Diaz to reach the second round of the National Bank Open in Toronto. The American great, 40, showed glimpses of her vintage ball striking in a 6-3 6-4 victory over the world number 57. Williams’ last singles success was […]
A ceasefire between Israel and Palestinian militants has come into effect after three days of violence which left at least 43 people dead. Palestinian Islamic Jihad (PIJ) militants said the truce will begin at 23:30 local time (20:30 GMT), after talks moderated by Egyptian mediators. Israeli Prime Minister Yair Lapid’s office confirmed the ceasefire. The […]
Pure floating exchange rates and a fixed exchange rate with a currency boards are free-market mechanisms
assport of a British national, Kayleigh Fraser, who had posted about the protests on social media, seized
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 […]
[…]The post An Open Letter & Appeal To The IMF appeared first on Colombo Telegraph.
But it is a tool and a means only, not the ultimate goal. It is simply compulsion and coercion; it is the police power.
Overnight clean money volumes down to zero, sporadic repo activity
Broadly the same opinion across the South, North and East
By Michael Rowand As Sri Lankan protesters stormed the presidential residence in Colombo, the Chinese Embassy released no statements and did not tweet. The Chinese Ministry of Foreign Affairs offered no comment until Monday afternoon, well behind others such as India, the European Union, and the United States. The French Embassy even retweeted a tweet […]
COLOMBO (News 1st); The Governor of the Central Bank of Sri Lanka, Dr. Nandalal Weerasinghe says that the progress on getting an international bailout package depends on political stability in the country. Speaking to the BBC Sinhala Service, Dr. Weerasinghe stated that it is also impossible
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.
[…]The post Why I Don’t Support The Aragalaya appeared first on Colombo Telegraph.
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
The US central bank has announced its biggest interest rate rise in nearly 30 years as it ramps up its fight to rein in soaring consumer prices. The Federal Reserve said it would increase its key interest rate by three quarters of a percentage point to a range of 1.5% to 1.75%. The rise, the […]
Authorities in the Chinese province of Henan are suspected to be restricting some residents’ movements using a Covid app, following rare protests. Multiple people say they are being forced to quarantine, blocked from public transport or entering buildings. Most appear to be customers of four rural banks which had run into issues providing cash withdrawals, […]
[…]The post Aragalaya: People’s Response To Rajapaksa-Made Crisis appeared first on Colombo Telegraph.
[…]The post Playing Games With Constitutional Reforms appeared first on Colombo Telegraph.
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 […]
[…]The post Ranil Wickremesinghe’s Sixth (Mis)adventure: An Indisputable Reason For The ‘Aragalaya’ To Stay Alive appeared first on Colombo Telegraph.
Russia’s invasion of Ukraine could cause global food shortages in the coming months, the UN has warned. Secretary-General Antonio Guterres said the war had worsened food insecurity in poorer nations due to rising prices. The world could face famines that last for years if Ukrainian exports are not restored to pre-war levels, he added. The […]
“After I speak to [friendly nations], there will be help coming from there. They won’t allow people to starve.”
[…] The post What’s Next, After The Rajapaksa Clan & #GotaGoGama Are Both Gone? appeared first on Colombo Telegraph.
How focused and efficacious are the current infrastructure investments in Sri Lanka, executed through a public investments programme (PIP)? Take for instance the Chinese funded Norochcholai coal fired power plant, built after obtaining a commercial loan from China, and its subsequent breakdowns resulting in power cuts that will stifle growth and earnings, on top of ...
Playing off India against China and vice versa‘The Great Game’ was the name given to a diplomatic and military tussle between the British and Russian empires during the time of the British Raj in India for influence over what constitutes today’s central Asian states. Commonly known as the ‘Stan states,’ they were located along the ...
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 ...
Reuters: South African Ernie Els won the British Open by one stroke from Adam Scott on Sunday after the Australian suffered an extraordinary late collapse on an incident-packed final day. World number 13 Scott, chasing his first major championship, started the last round with a four-shot lead and seemed to be cruising to victory as ...
Wimbledon is special to me not because I played the tennis circuit during my schooling days but for the insights that I get into life and business in general. The 2012 edition in particular was unique, given that a Brit was in the finals of the men’s singles game, that was happening after 74 years. ...