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A look at global debt statistics would show that almost all countries, irrespective of their economic status, obtain loans. The USA, the second richest country on the basis of PPP index, has a debt burden of more than 100% of their GDP, which is much more than some of the developing countries such as Brunei […]
Minister Wijsekera asked that the committee hear out the officials’ version of events before making recommendations
[…]The post The Paris Club, Dollar Debt Colonialism & Asia’s New “Donors”: Reforming The International Aid Architecture? appeared first on Colombo Telegraph.
Japan has placed preconditions in order to support Sri Lanka’s debt issue. Finance Minister Shunichi Suzuki said that Japan is prepared to “do its part” over Sri Lanka’s debt issue. However, he said that other creditors, such as China and India, should also be involved in efforts to resolve it. Suzuki made the remarks after […]
Russian President Vladimir Putin on Monday granted Russian citizenship to former U.S. intelligence contractor Edward Snowden, nine years after he exposed the scale of secret surveillance operations by the National Security Agency (NSA).The post Russia President Vladimir Putin grants Russian
[…]The post After Samantha Power’s Visit appeared first on Colombo Telegraph.
[…]The post Child’s Guide To Ranilnomics: Proposed Debt Restructuring Will Pose More Issues Than Answers appeared first on Colombo Telegraph.
Group was captured at a checkpoint near Ukraine’s Kupiansk city and Russian troops shot one in the foot and beat them with rifle butts (Al Jazeera) A group of Sri Lankans held captive by Russian forces in an agricultural factory in eastern Ukraine has alleged torture for months before escaping on foot as the Russians […]
Aeroflot, Russia s state-owned airline, has decided to resume flights from Moscow to Sri Lanka with effect from October 09, 2022.
By S. V. Kirubaharan in France The United Nations definition of ‘victims’ is as follows: “Victims” means persons who, individually or collectively, have suffered harm, including physical or mental injury, emotional suffering, economic loss or substantial impairment of their fundamental rights, through acts or omissions that are in violation of criminal laws operative within Member States, [̷...
Cabinet approval will be sought next Thursday to call fresh tenders
Sri Lanka has sought more information from the Ukrainian government and Ukrainian embassy in New Delhi on the news of the rescue of seven Sri Lankan students from Kupyansk Medical College in the Kharkiv region in Ukraine.The post Sri Lanka seeks details on medical students ‘rescued from Russian captivity’ in Ukraine appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka -...
"We need to provide the right product and think out of the box in this segment. It's highly competitive."
By N Sathiya Moorthy President Ranil Wickremesinghe’s address at the first-ever graduation ceremony of the National Defence College (NDC) in capital Colombo reiterated four points. The first three have been repeated by successive governments and their leaders over the past three decades in particular. Initiated under the predecessor government of President Gotabaya Rajapaksa in the […]
Fear of a DDR/IFR event drive rates even higher
Video: Sri Lanka, Russia continue talks on loan for Russian oil products (English)
The average tea price in August hit 1,951.82 rupees per kilogram
The Sri Lankan authorities continue negotiations with Russia on the provision of a loan to buy Russian fuel, Sri Lankan Minister of Transport and Highways and Minister of Mass Media Bandula Gunawardena said on Saturday in an interview with Sputnik.The post Sri Lanka, Russia continue talks on loan
The Sri Lankan authorities continue negotiations with Russia on the provision of a loan to buy Russian fuel, Sri Lankan Minister of Transport and Highways and Minister of Mass Media Bandula Gunawardena said on Saturday in an interview with Sputnik.
Westminster Abbey has space for around 2,000 people, so only heads of state and one or two guests have reportedly been invited to Britain’s first state funeral for six decades. London: Hundreds of foreign royals and leaders are expected to attend the state funeral of Queen Elizabeth II in London on Monday in one of […]
[…]The post Next Round: Ranil Versus The JVP appeared first on Colombo Telegraph.
Seven Sri Lankans detained by Russian troops in Ukraine have been rescued. Ukraine President Volodymyr Zelenskyy said that the Sri Lankans were rescued after the Kharkiv region was recaptured from Russia. Russian troops had detained the Sri Lankan students in March. “Torture chambers
The Sri Lankan authorities are discussing with Moscow the possibility of joining Russian payment system MIR, the discussion is underway between the Central Banks, Sri Lankan Minister of Transport and Highways and Minister of Mass Media Bandula Gunawardena has told Sputnik.
[…]The post How We Came To This Pass – On The “Non-Rule Of Law System” appeared first on Colombo Telegraph.
"If the ministry is able to sign a contract with a supplier now, we should have coal by the end of next month."
[…]The post Downward Spiralling Economy: Increased Govt Spending & Reduced Revenue appeared first on Colombo Telegraph.
As calls are growing for the independence of Sri Lanka’s Central Bank, which was also clearly laid out in the staff-level agreement with the International Monetary Fund (IMF), there are growing concerns among certain sections whether total independence would mean lack of accountability for the actions the monetary authority takes to maintain price stability.The post Central Bank’s independen...
Orthodox tea exports from India have increased by more than 22 percent during the first six months of the calendar year as its largest supplier, Sri Lanka, grapples with an economic crisis, Indian media reports say. A report published by the Business Standard has said: “According to the latest data available on the Tea Board […]
By N Sathiya Moorthy While leaving for Geneva to head the government delegation at the UNHRC session beginning this week, Foreign Minister Ali Sabry has reiterated the Sri Lankan State position that it would not accept an ‘international probe’ into war-crimes, as dictated in earlier resolutions of the UN human rights body. The government has […]
PUCSL warns of power cuts if coal imports stop