There is always a method to Chinese madness and this applies to its “Xiaokang Villages” also. Construction of these villages began across the Line of Actual Control (LAC) just over a decade ago, China has today began populating them. The delay in getting residents for these villages is probably because of the reluctance of Tibetans […]

“…countries that won a war but ‘lost the peace’: gratuitously wasting the opportunities afforded them by their victory” Tony Judt (Reappraisals) By Tisaranee Gunasekara Creating incredible illusions to conceal insupportable realities is the Rajapaksa way. In this dystopian world, zero equals 8,000+; when prices go up, inflation comes down and people just love political deprivation ...

Last week’s My View talked about six popular fallacies of currency or exchange rate appreciation which both the authorities and the public have tended to harbour in themselves. Of them, the following three were discussed in detail: Fallacy One: The government can fix the external value of a currency at any level it wishes. Fallacy ...

Gives comprehensive address highlighting issues of developing countries Shoots down discriminatory practices by developed countries Outlines post-war development, reiterates stance against terrorism Backs Palestine, Cuba and Africa By Nisthar Cassim in New York In his much-anticipated address to the UN, President Mahinda Rajapaksa yesterday took a comprehensive local, regional and world view, with...

By Dinali Goonewardene As stock markets the world over strongly slid downwards on fears of slowing economic growth, foreigners took their money out of the Colombo stock market yesterday, contributing to a seven-week low. Foreign sales were Rs. 70 million and net foreign outflows Rs. 21.8 million, albeit a relatively low component of total turnover. ...