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Bangladesh Prime Minister Sheikh Hasina and Sri Lankan President Ranil Wickremesinghe will be among 20 world leaders who will participate in the “Voice of the Global South Summit” (VGSS) next week hosted by India virtually, Indian media reported.The post President to participate in India-hosted Voice of Global South Summit – report appeared first on Sri Lanka News - Latest Breaking News in S...
The UN has freshly prioritized the ushering of international peace as one of its foremost tasks in the days ahead and sensible sections the world over are likely to back it overwhelmingly in this historic undertaking. There is no doubt that those quarters that are sensitive to the constantly rising human costs of war and […]
(AFP)Sri Lanka on Thursday welcomed the first Russian travellers aboard a new flight service that was launched after the bankrupt nation urged Moscow to help revive its beleaguered economy by sending tourists. Russia was Sri Lanka’s biggest source of visitors at the start of the year but arrivals
[…]The post Prospects For Global Capitalism: 2023 & After appeared first on Colombo Telegraph.
[…]The post Where Are We Heading In 2023? appeared first on Colombo Telegraph.
By Dr Laksiri Fernando One mistake we normally make in analysing the situation or crisis in Sri Lanka is to do it in isolation. Sri Lanka is unfortunately only a part of a world system. Although this situation is valid to almost all other countries, smaller or weaker a country, larger are the effects of […]
Months into Russia’s invasion of Ukraine, it is becoming increasingly clear that the latter’s traumas would not end any time soon. Nor is the invader registering any notable gains from its fatal decision to annex Ukraine by armed means and might. However, it’s abundantly clear that the destabilizing economic consequences for the world from the […]
[…]The post Budget 2023: A Depth Or Dearth appeared first on Colombo Telegraph.
Sri Lanka’s Colombo city is among the world's least expensive cities to live in according to the annual Economist Intelligence Unit (EIU) survey.The post Sri Lanka’s Colombo city among world’s least expensive cities to live appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Iran is ready to fulfil the energy needs of India, said Iranian Deputy Foreign Minister Ali Bagheri who is visiting India as part of political consultations between the two countries. “Both countries enjoy different types of cooperation in the economic sphere. They are partners and complete each other — their economies are complementary. Iran enjoys […]
People’s Bank recently entered into an agreement with the National Investment Industrial Bank in Russia to facilitate anovel remittance mechanism that enables efficient and convenient fund transfers from Russia to accounts in Sri Lanka. According to this arrangement, beneficiaries in Sri Lanka
The meet between US President Joe Biden and Chinese President Xi Jinping in the run-up to the recent Bali summit of the G20 countries has almost overwhelmingly attracted world attention and this is only to be expected, considering the importance to the world of the principal issues in US-China relations. However, of equal importance ought […]
PALM BEACH, Fla. - Donald Trump, the only president impeached twice, launched a campaign to reclaim the Oval Office on Tuesday, two years after voters ousted him and a week after they rejected his hand-picked candidates in several pivotal Senate races.The post Former President Donald Trump launches 2024 presidential campaign appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ON...
By MAHADIYA HAMZA ECONOMYNEXT – Sri Lanka’s tourism revival is facing a challenge in bringing in more high spending foreign visitors due to increasing protests locally while monetary tightening, impacts of Russian invasion into Ukraine, and rising inflation globally.The move is likely to slow the island nation’s recovery from the unprecedented economic crisis as it is […]
Sri Lanka President Ranil Wickremesinghe told the Parliament on Thursday (November 10) Sri Lanka won’t have a major issue with food security during next year, hopefully.The post Sri Lanka won’t have a major issue with food security during next year – President appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Bankrupt Sri Lanka is caught up in a China-US battle. The situation has been further complicated by India, Japan and Australia becoming part of the US-led military alliance meant to counter China. The US-led grouping is hell-bent on enhancing its influence in Colombo as both parties woo lawmakers. Recent declaration by the ruling party that […]
[…]The post Need To Restrain The Power Of Shadow Finance appeared first on Colombo Telegraph.
Tamil Guardian asks: The UK policy, regarding mainly Sri Lankan Tamils held in Diego Garcia, is likely to remain unchanged. Some of those who reached Diego Garcia, home for the strategic US military base, over a year ago, have already been sent back “voluntarily” to Sri Lanka. They returned in the wake of the UK […]
[…]The post Indian-Israeli Involvement In Sri Lanka Is A Disaster appeared first on Colombo Telegraph.
[…]The post Bloodbath In The Politburo appeared first on Colombo Telegraph.
Former President Maithripala Sirisena said on Sunday that the ongoing crisis in the country had been aggravated by the absence of a friendly foreign policy. Addressing a public rally in Polonnaruwa, Sirise-na said that a friendly foreign policy had existed during his tenure. He added that the decisions made during the last three years had […]
Investors are waiting for directions from budget policies - analysts
[…]The post ‘Make The Economy Scream’: Whither The Asian 21st Century? appeared first on Colombo Telegraph.
The Embassy of Sri Lanka in Moscow has secured a long-term Credit Line from the Government of the Russian Federation in order to procure fuel to Sri Lanka, the embassy said.The post Sri Lanka secures a long-term Credit Line from Russia to procure fuel appeared first on Sri Lanka News
Sri Lanka has secured a long-term credit line from the Government of the Russian Federation, the Embassy of Sri Lanka in Moscow said. The Embassy said that on the 17th October 2022, a productive discussion was held with the Russian Government on the possibility of obtaining a long term credit line in order to procure […]
The 11-days that India’s External Affairs Minister (EAM) S. Jaishankar allocated for his recent visit to the United States (US) to attend the 77th session of the United Nations General Assembly (UNGA) and numerous other multilateral and bilateral events were a sign of the increasing confidence and assertiveness that India is now displaying on the […]
Sri Lanka approved legislation on Tuesday to let companies from oil-producing nations import and sell fuel as it attempts to cope with a steep oil bill that deepened its worst financial crisis in decades.The post Sri Lanka approves law to liberalize petroleum imports appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Leader of the Pivithuru Hela Uurumaya, MP Udaya Gammanpila, yesterday said that President Ranil Wickremesinghe has given a post of Presidential Adviser on Climate Change to Eric Solheim who had been sacked by the UN for wasting funds. Addressing the media in Colombo, Gammanpila said that so-called peace envoy Solheim has re-emerged as the Presidential […]
[…]The post Putin’s Last Stand appeared first on Colombo Telegraph.
[…]The post IMF Must Become More Than Just A Debt Collector For Private Creditors appeared first on Colombo Telegraph.