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[…]The post Is Catastrophic Collapse Imminent? appeared first on Colombo Telegraph.
[…]The post Bailing Out The ‘Gota’ Led Regime; A Wasted Exercise! appeared first on Colombo Telegraph.
Currency depreciation inflates an economy and imposes a 'hair cut' on domestic debt by reducing purchasing power
Sri Lanka may be compelled to buy more oil from Russia as the island nation hunts desperately for fuel amid an unprecedented economic crisis, the newly appointed Prime Minister said. Prime Minister Ranil Wickremesinghe said he would first look to other sources, but would be open to buying more crude from Moscow. Western nations largely […]
[…]The post Elon Musk To Rescue Sri Lanka From IMF Debt Bondage? appeared first on Colombo Telegraph.
[…]The post What Can Ranil Get Done? appeared first on Colombo Telegraph.
Moscow [Russia], May 20 (ANI): The Russia-Ukraine war has reaped massive economic benefits for China and the country has even “profited from Russia’s misfortune”. Chinese officials view the sanctions given by the Foreign Ministers of G-7 countries against Russia as economic opportunities. According to US Commerce Secretary Gina Raimondo, Chinese technology exports to Russia have […]
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 Child’s Guide To Currency Board Systems: Steve Hanke’s Crusade For Currency Boards appeared first on Colombo Telegraph.
[…]The post Masks Of Democracy & Energy Geopolitics: Is Full Spectrum Dominance The Endgame? appeared first on Colombo Telegraph.
By Steve Grant In 1993 then premier of China, Zhu Rongji, stood in front of a large map on his office wall, pointed to it and saw China’s destiny. China was largely landlocked, he said, open to the sea only on one side. It was different to other great powers who looked out onto a […]
[…] The post An Exit Strategy From The Crisis: Agenda For Shared Revival Of Sri Lanka appeared first on Colombo Telegraph.
[…] The post A Staged Default & Sovereign Bond Debt Trap? IMF’s Spring Meetings Amid Hybrid Cold War appeared first on Colombo Telegraph.
[…] The post A Child’s Guide To Acute Macro Imbalances: Ignore It At Your Own Peril appeared first on Colombo Telegraph.
[…] The post A Child’s Guide To Acute Macro Imbalances: Ignore It At Your Own Peril appeared first on Colombo Telegraph.
[…] The post A Child’s Guide To Acute Macro Imbalances: Ignore It At Your Own Peril appeared first on Colombo Telegraph.
[…] The post A Child’s Guide To Acute Macro Imbalances: Ignore It At Your Own Peril appeared first on Colombo Telegraph.
[…] The post A Bleak Future For Humanity? appeared first on Colombo Telegraph.
The location of Sri Lanka has a strategic significance and this has been proven by the historical trading activities between Sri Lanka and ancient China, Egypt, and the Roman Empire. There is ample evidence to show that Sri Lanka was a main trading hub in Asia. The reasons for occupation of Sri Lanka by the ...
A number of articles which appeared in print media in the recent past signify the volatility in the economy. High volatility leads to vulnerability. Volatility and vulnerability are reflections of the haphazard nature of the economic policies and poor economic governance in a country
Reuters: Investors fed up with years of poor returns are deserting BRIC equity funds, pushing share valuations to record cheap levels and questioning the future of the high-profile investment theme. The term, coined in 2001 by Goldman Sachs banker Jim O’Neill, provided a catchy acronym to unite the four biggest emerging economies, two of which ...
The first Prime Minister of independent India, Pandit Jawaharlal Nehru, wrote 75 years ago: “It would be absurd to say that the profit motive does not appeal to the average Indian, but it is nevertheless true that there is no such admiration for it in India as there is in the west. The possessor of ...
By Cassandra Mascarenhas Sri Lanka’s biggest ICT events of 2012, the ASOCIO international conference and the country’s national IT expo INFOTEL, will be held consecutively portraying the country’s persistent ICT development and the significance of the rapidly expanding industry. Hosted by the Federation of Information Technology Industry (FITIS), the Asian-Oceanian Computi...
NAIROBI (Reuters): Kenya’s horticulture export earnings are expected to grow by 10%this year thanks to above-normal rainfall, but the eurozone’s financial woes were expected to dampen demand for flowers, a senior industry official said on Monday. Horticulture is one of the east African country’s leading sources of foreign exchange alongside tea exports and tourism. The ...
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 ...
The Olympics ‘brand’ is valued at USD $47.6 billion with an 87% increase since the Beijing Olympic Games in 2008 (where it was valued at USD $25.4 billion) according to a new study launched last week by Brand Finance. The Olympics ‘brand’ is the second most valuable brand in the world and beaten only by ...
Industry experts urge disillusioned local investors to ‘buy when it’s down and sell when it’s up’ In a highly volatile atmosphere and with low investor confidence in the Colombo Bourse, experts earlier this week went against the negative sentiments and instead stated that now is the time to buy. These views were aired at a ...
Four examples; two bad and two goodThe website of the London Economist newspaper has a reference to an official of a certain country referring to a journalist in words similar to what follows – I have substituted words which would be appropriate to an officer and a gentleman addressing a lady, for what was actually ...
By Cassandra Mascarenhas Setting its sights on placing Sri Lanka in the global economy and expanding its reach in overseas markets, the Sri Lanka Economic Summit 2012, the Ceylon Chamber of Commerce’s annual flagship event, aptly themed ‘Positioning Sri Lanka in the Global Economy
REUTERS: As China slips, the second-half performance for many emerging market mutual funds might soon follow. In recent months, investors have been pulling hundreds of millions of dollars out of stock funds that invest mainly in companies associated with the big four emerging market nations of Brazil, Russia, India and China. But it’s China that ...