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By Shamindra Ferdinando National Freedom Front (NFF) leader Wimal Weerawansa on Tuesday alleged that having failed to thwart Ranil Wickremesinghe’s ascent to presidency, the US was now working with the UNP leader to achieve its objectives. MP Weerawansa, the Chairman of the Uththara Lanka Sabhagaya said that President Wickremesinghe already consented to three of the […]
- Western powers back move to put off national elections indefinitely, warns Wimal (Category: Breaking News)
- ETCA, Indo-US strategy detrimental to Lanka’s independence – Wimal (Category: Breaking News)
- Wimal uses Imran’s ouster to bolster his claim that US was behind GR’s removal (Category: Breaking News)
- Gotabaya: Only Ranil could have restored law and order (Category: Breaking News)
• Says existing system of international debt schemes hinders vulnerable, developing economies • Urges for political will at global level to reform international financial architecture • Requests for support in debt restructuring, debt sustainability and adequate climate financing By Sanath Nanayakkare Shehan Semasinghe, State Minister of Finance speaking at the UN ECOSOC Financing for Development ...
- China replies in kind to US allegations of Beijing exacerbating debt crisis here (Category: Breaking News)
- Forbes: Lanka, Pakistan and Maldives among biggest debt burdens to China (Category: Breaking News)
- Lanka debt talks with India, China, Japan helped by investment projects: President (Category: Breaking News)
- Opposition vows to fight domestic debt restructuring plans of govt (Category: Breaking News)
A committee of Sri Lanka’s international private creditors sent its first debt rework proposal to the country’s authorities regarding over $12 billion in bonds outstanding, according to three sources with direct knowledge of the matter.The post Sri Lanka’s bondholders send debt rework proposal to government appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka bondholders sent $12 billion debt rework proposal to government, sources say (Category: Breaking News)
- Sri Lanka to start restructuring talks with investors next week, Bloomberg News reports (Category: Breaking News)
- Sri Lanka calls for debt-restructuring proposals from dealer managers (Category: Breaking News)
- Analysis: China paves Sri Lanka’s way to IMF funds, but debt talks remain uncertain (Category: Breaking News)
While the days of good news are going on for India, the latest good news is that our country’s currency, the rupee, is gradually making its place and influence among countries of the world. Seeing the increasing role of India in international trade, the countries of the world are coming forward to do financial transactions […]
- Expect India-Russia bilateral trade to reach $50 billion, says Russian Minister (Category: Breaking News)
- Sri Lanka wants to start rupee trade with India (Category: Breaking News)
- Threats To The Hegemony Of The US Dollar (Category: Breaking News)
- Ambitious Digital Rupee (Category: Breaking News)
The United States has called on China to deliver on its commitments to Sri Lanka. U.S. Treasury Secretary Janet Yellen said she was encouraged that China — the world’s largest sovereign creditor — had agreed to provide specific and credible financing assurances for Sri Lanka, but said China and all of Sri Lanka’s creditors needed […]
- 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)
Talks between the EU and 5 countries in South Asian region were held in New Delhi and online, as part of EU-funded workshop series supporting the ‘Farm to Fork’ (F2F) Strategy put in place by the EU in the context of the wider ‘Green Deal’. Stakeholders from India, Bhutan, Sri Lanka, Bangladesh and Nepal have […]
- EU launches socio-economic recovery project in Sri Lanka (Category: Breaking News)
- Renowned astrologer Chandrasiri Bandara passed away (Category: Breaking News)
- Five people found murdered on Delft Island (Category: Breaking News)
- Merchant Shipping Secretariat to be urgently shifted (Category: Breaking News)
Sri Lanka's national carrier has been struggling against even more headwinds than many of its rivals.The post Sri Lanka airline boss says ‘don’t be a CEO during Covid’ appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- SriLankan Airlines obtains Government’s approval to recruit foreign pilots (Category: Breaking News)
- SriLankan Airlines participates at the Ottawa Travel and Vacation Show (Category: Breaking News)
- SriLankan Airlines, Korean Air activate codeshare partnership (Category: Breaking News)
- Dialog, SriLankan offer star points, FlySmiLes conversion (Category: Breaking News)
The Sri Lankan government is seeking Russian cooperation in multiple sectors, namely, tourism, air traffic, and locomotive construction, besides eyeing crude from Moscow.The post Sri Lanka mulls buying Russian oil & fertilizers appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka secures a long-term Credit Line from Russia to procure fuel (Category: Breaking News)
- Sri Lanka, Russia continue talks on loan for Russian oil products (Category: Breaking News)
- Direct employment opportunities for Sri Lankan skilled migrant workers in Russia (Category: Breaking News)
- Direct Flights to Moscow (Category: Breaking News)
[…]The post Nuclear Power For Sri Lanka appeared first on Colombo Telegraph.
- Electricity, Costs, Options Needs & Priorities (Category: Breaking News)
- Energy Options: Fossil Or Renewable? (Category: Breaking News)
- Just Rewards For Hard Work (Category: Breaking News)
- A Matter Of Scale (Category: Breaking News)
An open letter to President Ranil Wickremesinghe Recent articles in the local press have publicised the government plans for introduction of nuclear power plants to Sri Lanka with Russian support. A similar decision was taken way back in 2010, by the then President to bring nuclear power plants to Sri Lanka from South Korea. At […]
- Sri Lanka Gearing To Go Nuclear By 2025 (Category: Breaking News)
- Russian Ambassador encourages Sri Lanka to consider nuclear energy collaboration (Category: Breaking News)
- Sri Lanka approves nuclear power plant construction with Russia as top contender (Category: Breaking News)
- IAEA studying plans to build nuclear power plant in Sri Lanka (Category: Breaking News)
[…]The post Vladimir Putin, Xi Jinping & Joe Biden appeared first on Colombo Telegraph.
- The Influence Of Sirima Bandaranaike & Ranil Wickremesinghe On The Foreign Policy Of Sri Lanka (Category: Breaking News)
- Putin’s Last Stand (Category: Breaking News)
- Is The World, Hopelessly Divided Over Ukraine, Coming Together For Sri Lanka? (Category: Breaking News)
- Lanka Adrift In Tempestuous Seas (Category: Breaking News)
[…]The post Love Him Or Hate Him: Only Ranil Wickremesinghe Has The Depth Of Mind To Focus On Future Directions appeared first on Colombo Telegraph.
- Strikes & Protests: Everything, Everywhere, All At Once To Block The IMF (Category: Breaking News)
- The Impact Of The Next Election On The Economic Reforms (Category: Breaking News)
- Pastor Jerome Popped Up At The Wrong Time & May Not Have Jesus To Save Him (Category: Breaking News)
- Calm Before The Storm! Aragalaya -’22 Has Rested Enough!!! (Category: Breaking News)
Sri Lankan President Ranil Wickremesinghe emphasized during an interview organized by Harvard University on the 24th, through Zoom technology, that Sri Lanka’s access to the growing Indian and African markets should not be disrupted by any big power rivalry or conflictThe post Sri Lanka’s access to growing Indian & African markets cannot be disrupted – President Ranil appeared fir...
- Sri Lanka will not allow anything harmful to India’s security – President Ranil (Category: Breaking News)
- Fearing political pressure, Sri Lanka president wants to avoid trade integrations with India (Category: Breaking News)
- Sri Lanka to establish International Trade Office to deal with International Trade Negotiations (Category: Breaking News)
- Sri Lanka President says ‘this is our last chance to forge ahead’ (Category: Breaking News)
By N Sathiya Moorthy Like it or not, in the next big election in the country, or more of them, the IMF would be the key issue. The way the government has been dragging its feet on the relatively less important local government elections (LGE), and not all its arguments are wrong, the presidential elections […]
- India continues to support debt-ridden Sri Lanka (Category: Breaking News)
- Worse than Shylock, did you say? (Category: Breaking News)
- IMF Executive Board approves bailout package for Sri Lanka (Category: Breaking News)
- US Treasury Secretary speaks to Ranil on IMF deal (Category: Breaking News)
[…]The post Conflict Resolution Might Be The Way Out? appeared first on Colombo Telegraph.
- President Should Be Responsible! (Category: Breaking News)
- What Is Wrong With The President’s Vision & Mission? (Category: Breaking News)
- The Impact Of The Next Election On The Economic Reforms (Category: Breaking News)
- Only A Unified Approach Can Solve The Economic Crisis (Category: Breaking News)
India says under its ‘Neighbourhood First’ policy it has always come forward to help debt-ridden Sri Lanka, and in the latest instance New Delhi has distributed rations in Kalmunai. Taking to Twitter, the High Commission of India in Colombo said, “Support by @IndiainSL to needy sections continues!! Glimpses of ration distribution in Kalmunai.” The cash-strapped […]
- Government to unveil domestic debt restructuring strategy this week (Category: Breaking News)
- IMF chief and Ranil discuss restructuring Sri Lanka’s debt (Category: Breaking News)
- US Treasury Secretary speaks to Ranil on IMF deal (Category: Breaking News)
- Haircut for holders of Sri Lanka’s international sovereign bonds (Category: Breaking News)
[…]The post To Be Or Not To Be (A US Military Base) appeared first on Colombo Telegraph.
- Sinhala-Buddhism & The Nation State Of Sri Lanka (Category: Breaking News)
- Who Or What Made Us Insolvent (Category: Breaking News)
- Modi’s Wolf Worrier Diplomacy Opens A Window For China In South Asia (Category: Breaking News)
- Relevance Of A “Strategic Culture” To Sri Lanka (Category: Breaking News)
India had helped Sri Lanka more than any other country, especially, Sri Lanka’s Foreign Minister Ali Sabry said during Raisina Dialogue ‘Ideas Pod.’ While the Indian government took some bold decisions to help Sri Lanka face its economic crisis, even the Indian public came forward to support Sri Lanka, the country’s foreign minister said in […]
- Minister Sabry praises India for being first country to support Lanka’s debt restructuring (Category: Breaking News)
- Sabry denies China caused SL debt crisis (Category: Breaking News)
- ‘War crimes’: Not only individuals but also entire fighting divisions ‘blacklisted’ – Foreign Mi... (Category: Breaking News)
- Sri Lanka hopeful China will provide debt restructuring assurances - Sabry (Category: Breaking News)
It is welcome news for progressive opinion in the global South that some seven countries, thus far seen as having been among the poorest countries of the world, would be ‘graduating’ out of the Least Developing Country (LDC) category. Among them are; Bhutan, Bangladesh, Laos, Nepal and Angola. Hopefully, development researchers the world over would […]
- Pitfalls of export-led growth (Category: Breaking News)
- Lankan professionals discuss global urbanization challenges in low & middle income countries (Category: Breaking News)
- South Asia’s economic landscape: Hope and hurdles on path to prosperity (Category: Breaking News)
- Sri Lanka’s economy shows signs of stabilization, but poverty to remain elevated (Category: Breaking News)
CIA Chief’s cloak-and-dagger visit: By Shamindra Ferdinando Pivuthuru Hela Urumaya (PHU) leader, Udaya Gammanpila, MP, yesterday (06) said that the Wickremesinghe-Rajapaksa government and the US embassy in Colombo should come clean on CIA Director William Joseph Burns’ Colombo visit. The former Power and Energy Minister said so in response to The Island query whether the […]
- Udaya to use RTI law to seek information about CIA Chief’s clandestine Colombo visit (Category: Breaking News)
- CIA Director’s visit: Udaya invokes RTI Act to get info (Category: Breaking News)
- Wimal questions JVP’s deafening silence over CIA Chief’s visit (Category: Breaking News)
- US pursuing ‘plan B’ with Prez, after Speaker turned down its offer (Category: Breaking News)
By N Sathiya Moorthy The recent statements by Cabinet spokesman, Minister Bandula Gunawardena and Prof S.R.D. Rosa, the Chairman of the Sri Lanka Atomic Energy Board (SLAEB) that the nation intends going nuclear not very long from now should trigger a series of far-and-against debates in the public space, starting possibly with the social media. […]
- Policy decision taken to switch to nuclear energy (Category: Breaking News)
- IAEA studying plans to build nuclear power plant in Sri Lanka (Category: Breaking News)
- Sri Lanka seeks investors for nuclear power plants (Category: Breaking News)
- Cabinet discusses India’s concerns on Chinese “spy ship” (Category: Breaking News)
Monday, 6th March, 2023 The Rajapaksa-Wickremesinghe regime has been painting itself into a corner on the political front by going all out to scuttle the local government (LG) polls. It succeeded in delaying the elections by manipulating the Treasury to deprive the Election Commission (EC) of funds, but Friday’s Supreme Court (SC) interim order has […]
- Sajith says govt lying about there being no money to hold polls after having printed Rs 278 bn i... (Category: Breaking News)
- The government printed Rs 278 billion between October and December 2022 (Category: Breaking News)
- Udaya dismisses govt. claim of not having funds for elections (Category: Breaking News)
- Elections: Final Preparations (Category: Breaking News)
[…]The post A Dystopian Account Civilisation: Humanity Rubs Out Its Wisest & Brightest appeared first on Colombo Telegraph.
- Priceless Stolen Property (Category: Breaking News)
- Is State Owned Temasek A Useful Concept For Sri Lanka? (Category: Breaking News)
- Yoruba People & Culture (Category: Breaking News)
- Capitalism On Life Support: Planetary Bounds To Market-Lead Growth (Category: Breaking News)
Canadian Government’s obligations to Sri Lanka consequent to Ontario’s Bill 104, viewed within concepts of “Diplomatic Protection”, “regionalism versus international law” as well as the “Vienna convention 1961” By Chandre Dharma-wardana The provincial government of Ontario passed a bill (Bill 104) implying that a genocide of Tamils occurred in Sri Lanka, and int...
- Contradictions by Canada on ‘genocide’ in Sri Lanka (Category: Breaking News)
- Acting Canadian HC summoned over sanctions on ex-Presidents, others (Category: Breaking News)
- Oversight Committee on National Security condemns blacklisting of Karannagoda (Category: Breaking News)
- Groundwork for Truth, Unity and Reconciliation Commission underway (Category: Breaking News)
Sri Lanka is among the top 5 nationalities granted dependant visas to the UK. The number of visa grants for people to come and live in the UK has more than doubled from over half a million in 2019 to 1.3 million in 2022, Migrant Watch UK reported. “One telling aspect of the figures is […]
- Japanese farms recruiting workers from Sri Lanka (Category: Breaking News)
- Police fire tear gas to disperse protest (Category: Breaking News)
- Seven single use plastic items banned from June (Category: Breaking News)
- China to extend visa exemption to six European countries (Category: Breaking News)
The International Monetary Fund (IMF) on Saturday called for ‘timely and orderly processes’ under common framework with regards to Sri Lanka’s debt resolution. The island nation faced severe economic crisis which resulted in high debt.The post IMF calls for ‘timely and orderly processes’ of debt resolution for Sri Lanka appeared first on Sri Lanka News - Latest Breaking News in Sri Lan...
- IMF chief seeks timely resolution of Sri Lanka’s debt restructuring (Category: Breaking News)
- IMF calls for timely and orderly processes of debt resolution for Sri Lanka (Category: Breaking News)
- IMF chief Georgieva cites ‘fruitful exchange’ with China on debt issues (Category: Breaking News)
- Sri Lanka a ‘warning sign’ for countries with high debt levels and limited policy space – IMF (Category: Breaking News)
International Monetary Fund Managing Director Kristalina Georgieva has called for a timely resolution of Sri Lanka’s debt restructuring. She said that timely and orderly processes are needed both for countries under the Common Framework (CF) for debt resolution and for those not covered by it, including Sri Lanka and Suriname. Georgieva made the statement the […]
- IMF says G20 Common Framework delivering for Sri Lanka (Category: Breaking News)
- IMF wants to resolve debt crisis in Sri Lanka (Category: Breaking News)
- IMF in talks with China to restructure Sri Lanka’s debt (Category: Breaking News)
- IMF chief says China helped reach debt relief deal for Sri Lanka (Category: Breaking News)
[…]The post Sri Lanka’s Asian Heritage appeared first on Colombo Telegraph.
- The Influence Of Sirima Bandaranaike & Ranil Wickremesinghe On The Foreign Policy Of Sri Lanka (Category: Breaking News)
- Prioritising National Interest In Navigating Geopolitical Waters (Category: Breaking News)
- The East Asian Disanalogy, Or Why Sri Lanka Cannot Be A Singapore (Category: Breaking News)
- The East Asian Disanalogy, Or Why Sri Lanka Cannot Be A Singapore (Category: Breaking News)
There are some disagreements over restructuring debt for distressed economies, the chief of the International Monetary Fund said on Saturday on the sidelines of a G20 meeting, adding that banning private cryptocurrencies should be an option.The post IMF flags debt restructuring hurdles, says banning crypto should be an option appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - O...
- IMF chief Kristalina and Sri Lanka President Ranil discuss ongoing reforms and debt restructurin... (Category: Breaking News)
- IMF chief and Ranil discuss restructuring Sri Lanka’s debt (Category: Breaking News)
- IMF chief Georgieva cites ‘fruitful exchange’ with China on debt issues (Category: Breaking News)
- IMF flags debt restructuring hurdles for distressed economies (Category: Breaking News)
Sri Lanka once again abstained from voting on a resolution against Russia at the UN General Assembly, despite appeals made last week to back the new document. The UN General Assembly called for ending the war in Ukraine and demanded Russia’s immediate withdrawal from the country, in line
- Sri Lanka abstains from voting on Ukraine resolution (Category: Breaking News)
- Sri Lanka abstains from UN vote on resolution against ASAT tests (Category: Breaking News)
- HRC resolution on Sri Lanka presented to UNGA (Category: Breaking News)
- Sri Lanka abstains from voting on resolution against Russia (Category: Breaking News)
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