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It was the most spectacular trial ever held in Vietnam, befitting one of the greatest bank frauds the world has ever seen. Behind the stately yellow portico of the colonial-era courthouse in Ho Chi Minh City, a 67-year-old Vietnamese property developer was sentenced to death on Thursday for looting one of the country’s largest banks […]
[…]The post Sinhala Buddhist Nationalism & Women In Sri Lanka appeared first on Colombo Telegraph.
Namibia’s President Hage Geingob has died at the age of 82 while receiving medical treatment at a hospital in the capital, Windhoek. A veteran of the country’s independence struggle, Geingob had been diagnosed with cancer and revealed the details to the public last month. He died early on Sunday with his wife and children by […]
Kuwait's leader Emir Sheikh Nawaf al-Ahmad al-Jaber al-Sabah has died at the age of 86, Kuwaiti state TV announced.The post Kuwaiti leader Sheikh Nawaf al-Ahmed dies aged 86 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Far-right libertarian outsider Javier Milei has won Argentina’s presidential run-off poll, according to provisional results. Milei’s rival, economy minister Sergio Massa, called him to concede. Former US President Donald Trump congratulated Milei on his victory, saying he would “Make Argentina Great Again!”. The election comes at a difficult time for Argentina with rising ...
Owner of two companies in a tax haven The name of a top Sri Lankan politician has emerged in the latest release of Pandora Papers two years after the first leak of financial secrets of shell companies in overseas tax shelters.The individual, a minister in President Ranil Wickremesinghe’s cabinet, has been identified as the beneficial […]
Weeks of mounting political tension have erupted into protests and bloodshed in Bangladesh, leaving the country on edge ahead of general elections due in January. Several senior opposition leaders were arrested last Sunday, a day after a massive rally against the government turned violent, resulting in the deaths of at least two opposition supporters. The rejuvenated […]
[…]The post Partial West & Shameful Muslim Leaders Complicit In Israel’s War Crimes In Gaza appeared first on Colombo Telegraph.
[…]The post The Cauldrons We Make appeared first on Colombo Telegraph.
The first section of Kenya’s Chinese-built railway was opened with much fanfare in 2017 – but two years later work on the tracks stopped in the middle of the country and the master plan of linking it to other landlocked countries in East Africa seems to have derailed. This means the project is not bringing […]
A blackmail scam is using instant loan apps to entrap and humiliate people across India and other countries in Asia, Africa, and Latin America. At least 60 Indians have killed themselves after being abused and threatened. A BBC undercover investigation has exposed those profiting from this deadly
This year’s Nobel economics prize has been awarded to Claudia Goldin, an American economic historian, for her work on women’s employment and pay. Prof Goldin’s research uncovered key drivers behind the gender pay gap, the Royal Swedish Academy of Sciences said. She is only the third woman to receive the prize, and the first to […]
[…]The post Naked King & The Crumbling State: Seven Decades Of Fake Saviours appeared first on Colombo Telegraph.
Property giant Evergrande has filed for bankruptcy protection in the US as the real estate crisis in China deepens. It will allow the heavily-indebted company to protect its assets in the US as it works on a multi-billion dollar deal with creditors. Evergrande defaulted on its huge debts in 2021, which sent shock-waves through global […]
At first glance, life in Sri Lanka's financial capital Colombo looks deceptively normal.The post Is the worst over for Sri Lanka’s economic crisis? appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Udeni Kaluthantri, a 54-year-old port worker, became an overnight sensation last year for reasons that had nothing to do with his job. Days after protesters stormed the presidential palace in the Sri Lankan capital Colombo, a video surfaced of Mr Kaluthantri lounging on a bed draped with the presidential flag. Pictures of young men jumping […]
Crisis-hit Pakistan has reached a staff-level agreement with the International Monetary Fund (IMF) over $3bn (£2.4bn) of funding. The deal, which still needs to be approved by the global lender’s board, comes after an eight-month delay. The South Asian nation is facing its worst economic crisis since independence from Britain in 1947. To help secure […]
The muted, panicked voice came through the phone of a friend who croaked she was very confidentially warning Cassandra and advising her. Yours truly was immediately panic infected. With deep emphasis and concern the friend took her time to advise that Cass withdraws all money from banks. Cass was for once glad she was poor […]
[…]The post Liberal Or Edible Economics: Global Disorder Worst In A Century appeared first on Colombo Telegraph.
[…]The post Beyond The Myth Of TINA To The IMF: The New Development Bank In The Asian 21st Century appeared first on Colombo Telegraph.
The US central bank has raised interest rates to the highest level in 16 years as it battles to stabilise prices. The Federal Reserve increased its key interest rate by 0.25 percentage points – its 10th hike in 14 months. The Fed signalled that Wednesday’s rise may be its last one for now. The moves […]
The UK is set to be one of the worst performing major economies in the world this year, according to the International Monetary Fund (IMF). It says the UK economy’s performance in 2023 will be the worst among the 20 biggest economies, known as the G20, which includes sanctions-hit Russia. The IMF predicts the UK […]
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.
[…]The post Janatha Aragalaya: The People’s Struggle In Sri Lanka appeared first on Colombo Telegraph.
Hundreds of thousands of Israelis have rallied against government plans to overhaul the judicial system, in what organisers say are the biggest street protests in the country’s history. Prime Minister Benjamin Netanyahu says the changes – that would curb the power of courts – will restore balance between the branches of government. Opponents say they […]
The Central Bank of Sri Lanka (CBSL) bank has urged China and India to agree a write-down of their loans as soon as possible.The post Central Bank Governor urges China and India to reduce Sri Lanka’s debts soon appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Sri Lanka’s central bank has urged China and India to agree a write-down of their loans as soon as possible. The crisis-hit Indian Ocean state defaulted on its debt repayments and negotiated a $2.9bn (£2.4bn) bailout. But the International Monetary Fund will not release the cash until China and India first agree to reduce Sri […]
Cassandra’s ole head is spinning like a carousel after reading Don Manu’s column in the Sunday Times of December 4, titled Mahinda gorged on foreign cake while people struggled for bread. He lists the millions spent on foreign trips of two brothers – then Prez and PM – and in a separate box deals with […]
The three-year-old is losing weight and complains of leg pains and weakness. The doctor's diagnosis is clear - Nitisha is underfed and malnourished.The post Sri Lanka’s children go hungry as food prices soar appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Two Australian men have been charged with bribing Sri Lankan officials to secure infrastructure contracts worth millions of dollars.The post Two Australians arrested for bribing Sri Lankan officials for lucrative contracts appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.