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By Uditha Devapriya Divided from the Indian subcontinent, yet also deeply connected to it, Sri Lanka has never had an opportunity of forging and shaping a foreign policy of its own. The high point of its foreign relations, under the three Bandaranaike administrations over a period of 20 years, did signal an effort, and a […]
[…]The post Purchasing Power Parity appeared first on Colombo Telegraph.
[…]The post The Aragalaya & Morality appeared first on Colombo Telegraph.
President Gotabaya Rajapaksa’s two years in office – a period of unprecedented political turmoil, uncertainty and further deterioration of Parliament – should be thoroughly examined. In fact, the UNP, with the support of the then President Maithripala Sirisena, paved the way for Gotabaya Rajapaksa’s candidature, at the 2019 presidential election, by blocking Mahinda Rajapaksa’s path […...
The World Food Programme (WFP) is seeking donor support to reach 3.4 million people in Sri Lanka with food and nutrition assistance as nearly a quarter of Sri Lanka is facing food shortages for millions.Sri Lanka’s worst economic crisis since independence is spinning off a “serious food crisis,” says the World Food Programme Representative and […]
India expects bilateral trade worth $8-9 billion with Russia and Sri Lanka in the next two months after it allowed international trade in rupees, India’s trade secretary said.The post India expects $8-$9 Billion bilateral trade with Russia, Sri Lanka in two months appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
the implications of Russia’s aggression against Ukraine and Sri […]
Taiwan’s Defence Minister Chiu Kuo-chang expressed concern that China’s People’s Liberation Army (PLA) would have the ‘complete capability’ to attack Taiwan by 2025. The Minister expressed concern while also highlighted sanctions as the means to deter aggression during a virtual seminar titled “Taiwan: is it key to the continuing world order?” organised by The Democracy […]
The widely acclaimed globalisation of the post-Cold-War era is now running in reverse. A protracted slowdown in global trade has been reinforced by persistent pandemic-related supply chain disruptions, ongoing pressures of the US-China trade war and efforts to align cross-border economic ties with geostrategic alliances, known as “friend-shoring”. These developments raise the pressure on China, [&...
have reduced resilience to external shocks, such as the COVID-19 pandemic, the Russia-Ukraine conflict, high oil...
The head of the U.S. government aid agency called on China on Wednesday to help Sri Lanka and other nations that had borrowed heavily from Beijing with debt restructuring, not just with lines of credit and emergency loans.The post USAID chief calls on China to restructure Sri Lanka’s debt appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
The world has just been given a grim reminder of the mind-numbing costs of legitimate political dissent against state repression in Myanmar. The country’s military rulers have had no qualms about executing four pro-democracy activists, including well known political activist Kyaw Min Yu and former legislator Pho Zayar Thaw. Besides being made to witness absolute […]
A convergence of interests (read: opposition to the U.S.) is bringing Iran, China and Russia closer together than ever. As their relations with the West deteriorate, Russia and China are seeking to rewire global power flows in ways that will work to their advantage. Iran’s integration into the China–Russia Eurasian architecture is as complicated as […]
Hambantota in southern Sri Lanka housed ousted President Gotabaya Rajapaksa following the recent crisis, until he was forced to flee the country entirely. That continues a trend of the city, and especially its strategic deep-sea port, being in the news for all the wrong reasons. In 2017, when Sri Lanka found itself struggling to make […]
The Indian economy is on course to achieve projected 8-8.5 per cent growth based on high-frequency indicators for the first quarter of the FY 2022-23, the Finance Ministry said on 19 July. Earlier on 31 January, the Economic Survey tabled in the Parliament projected the real GDP during 2022-23 to grow at 8.0-8.5 per cent. […]
[…]The post Is Global Financial Crash Imminent in 2022? appeared first on Colombo Telegraph.
Bangladesh Prime Minister Sheikh Hasina has lambasted those who are making wholesale criticism that Bangladesh will face the same situation like that of Sri Lanka. They are making the comments without realising the global context under the fallout of the Covid-19 and Russia-Ukraine War, the Daily
[…]The post 39 Years After Black July, It Is Time For Tamil Eelam: Preparing For A Unilateral Declaration Of Independence appeared first on Colombo Telegraph.
Sri Lanka’s Acting President Ranil Wickremesinghe says that the issues which prevail in Sri Lanka with regard to hunger, are man made.The post The food crisis in Sri Lanka is man made, Acting President Ranil tells Global Forum appeared first on ONLANKA News - Sri Lanka News - Latest News Sri Lanka - Breaking News from Sri Lanka.
In the midst of the unfolding crisis in Sri Lanka and its economic and political collapse, it has been forgotten that China is complicit in creating the present unrest. This fact needs to be recognized within Sri Lanka, where the people have taken it upon themselves to ‘reform’ the political system. While their mission is […]
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 […]
Russia-Ukraine war. In its first tenure […]
(NDTV); Ukrainian President Zelensky says that several countries experiencing food and fuel shortages due to the disruption in the supply chain have benefitted Russia’s agenda. Basically, the Ukrainian President Zelensky blamed Russia for causing unrest in Sri Lanka as well as around the world due to the blocking of food products during the invasion of […]Russia “Responsible̶...
Ukrainian President Volodymyr Zelensky blamed Russia for causing unrest in Sri Lanka as well as around the world due to the blocking of food products during the invasion of Ukraine.
It is important to anticipate legal trends, anticipate consumer trends
ECONOMYNEXT –Sri Lanka should stop money printing earlier than indicated in a statement by Prime Minister Ranil Wickremesinghe, opposition legislator Harsha de Silva said, though legislators have already given extensive powers to the agency engage in liquidity injections. “Prime Minister Ranil Wickremesinghe talked about money printing,” de Silva told parliament. “He said, the in...
[…]The post War On China? – V: A “Carnival” Of Quads appeared first on Colombo Telegraph.
Says economy could contract 7-pct in 2022
Sri Lanka’s total debt burden increased to Rs 21.6 trillion by March 2022, Prime Minister Ranil Wickremesinghe told Parliament today. He said that Sri Lanka needs to pay $3.4 billion between June and December this year, $5.8 billion in 2023, $4.9 billion in 2024, $6.2 billion in 2025, $4.0 billion in 2026 and $4.3 billion […]
Exports to Russia and Turkey too have dropped steeply