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Sri Lanka could have avoided its current economic turmoil if it had gone to the International Monetary Fund (IMF) for a bailout sooner, the country’s central bank governor says. P Nandalal Weerasinghe told BBC Newsnight that the delay in seeking outside help was a mistake. The country

The US central bank has announced its biggest interest rate rise in nearly 30 years as it ramps up its fight to rein in soaring consumer prices. The Federal Reserve said it would increase its key interest rate by three quarters of a percentage point to a range of 1.5% to 1.75%. The rise, the […]

Authorities in the Chinese province of Henan are suspected to be restricting some residents’ movements using a Covid app, following rare protests. Multiple people say they are being forced to quarantine, blocked from public transport or entering buildings. Most appear to be customers of four rural banks which had run into issues providing cash withdrawals, […]

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[…]The post Playing Games With Constitutional Reforms appeared first on Colombo Telegraph.