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By Rebecca Bundhun India’s economy and equity markets are outperforming most of their global peers. Despite a slew of challenges including macroeconomic headwinds stemming from Russia’s war in Ukraine, elevated crude oil prices and tightening liquidity globally, the growth story of Asia
- $ 400 m IMF lifeline for struggling Sri Lanka (Category: Business)
- Etihad gets first Boeing 747-400 freighter (Category: Business)
- ‘India is in a sweet spot for the next few years’ (Category: Breaking News)
- Apparel producers decry 400% off-peak electricty price hike (Category: Breaking News)
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 […]
- Westminster event declares support for Canadian action against Rajapaksa brothers (Category: Breaking News)
- Lanka warned of Extraterritorial jurisdiction (Category: Breaking News)
- Sri Lanka’s foreign policy dilemma (Category: Breaking News)
- UK considers imposing sanctions on Gen. Silva, others over ‘war crimes’ (Category: Breaking News)
[…]The post Indian-Israeli Involvement In Sri Lanka Is A Disaster appeared first on Colombo Telegraph.
- Remembrance Week Marking Persecution Of Sri Lankan Muslims (Category: Breaking News)
- Sri Lanka Supports US War-Mongers Against Houthis (Category: Breaking News)
- RW-Israel Honeymoon & Political Matchmaking (Category: Breaking News)
- Sri Lankan Media Miserably Failed To Cover Israeli Genocide In Gaza (Category: Breaking News)
By Ahmad Marzee The mountainous land in the heart of Asia known as Afghanistan has always remained a major geo-political dispute among the superpowers. The great game (Tsar Russia vs Britain), Cold-War (USSR/Russia vs America) and war on global terrorism gained attention of these giant-fish
- India part of meeting on Kabul: ‘Military facilities of others in country unacceptable’ (Category: Breaking News)
- Kabul mosque explosion: At least 20 dead, 40 injured (Category: Breaking News)
- US calls on China to deliver on commitments to Sri Lanka (Category: Breaking News)
- Taliban welcomes back India-trained Afghan Defence personnel (Category: Breaking News)
When Soviet leader Nikita Khrushchev went to Peking on an official visit in July-August 1958, chairman Mao Zedong chose an unusual venue for one of their meetings―his private swimming pool. “You look after Europe, and leave Asia to us,” Mao told Khrushchev. The Soviet leader, however, was not impressed. “No one has authorised us to […]
- Saved snowy owl to be released (Category: USA, Illinois)
- Baby owl latest youngster at the zoo (Category: USA, South Carolina)
- Decline of burrowing owl in Imperial Valley prompts calls for inquiry (Category: USA, California)
- Snowy owl released after 8-week rehabilitation from car strike (Category: USA, Illinois)
[…]The post Bloodbath In The Politburo appeared first on Colombo Telegraph.
- Vladimir Putin, Xi Jinping & Joe Biden (Category: Breaking News)
- Let’s Have Fun Today (Category: Breaking News)
- The World After Mikhail Gorbachev & Sri Lanka After JR Jayewardene (Category: Breaking News)
- Law & Justice Are At Stake At Mylathmadu & Mathavanai In East (Category: Breaking News)
The shrinking value of the currencies of most developing economies is driving up food and fuel prices in ways that could deepen the food and energy crises that many of them already face, according to the World Bank’s latest Commodity Markets Outlook report.The post Currency depreciations risk intensifying global food, energy crisis – World Bank appeared first on Sri Lanka News - Latest Break...
- Sri Lanka a ‘warning sign’ for countries with high debt levels and limited policy space – IMF (Category: Breaking News)
- No inflation respite for Asia despite fall in food, fuel prices (Category: Business)
- Recession risk unless oil prices fall further (Category: Business)
- World Bank’s Malpass, IMF’s Georgieva see rising risks of Global Recession (Category: Breaking News)
[…]The post US Vulnerabilities Coalesce appeared first on Colombo Telegraph.
- War On China? – I: Justifications For War: Thucydides “Trap”, Clash Of Civilisations, Domino The... (Category: Breaking News)
- Globally, A Rightward Political Shift Is Visible (Category: Breaking News)
- Social Democracy, The NPP’s Tasks & Global Extremism (Category: Breaking News)
- Capitalism On Life Support: Planetary Bounds To Market-Lead Growth (Category: Breaking News)
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 […]
- President suggests non-aligned foreign policy for Sri Lanka (Category: Breaking News)
- Sajith asks President not to ruin SL foreign policy (Category: Breaking News)
- President highlights need for new foreign policies (Category: Breaking News)
- President implemented best foreign policy of independent Sri Lanka  State Minister (Category: Breaking News)
India’s Union Minister of State for Defence and Tourism Ajay Bhatt says Sri Lanka was in such a bad economic crisis that its security forces were unable to pay the nominal fees for training exercises in India. Bhatt, who was speaking at a session on ‘AatmaNirbharta in Defence R&D – Synergistic Approach’ at the DefExpo […]
- Sri Lankan security forces couldn’t pay training fees to India: MoS Defence (Category: Breaking News)
- India makes it happen, enters the multi-billion dollar defence market (Category: Breaking News)
- Sri Lankan security forces couldn t pay training fees to India- MoS Defence (Category: Breaking News)
- India closely monitoring Chinese ship in Hambantota (Category: Breaking News)
Emphasising on the need to attain self-reliance, India’s Minister of State for Defence and Tourism Ajay Bhatt said Sri Lanka was in such a bad economic crisis that its security forces were unable to pay the nominal fees for training exercises in India.The post Sri Lankan security forces couldn’t pay training fees to India: MoS Defence appeared first on Sri Lanka News - Latest Breaking News in Sri ...
- Sri Lankan security forces couldn t pay training fees to India- MoS Defence (Category: Breaking News)
- Sri Lankan security forces couldn’t pay training fees to India (Category: Breaking News)
- India makes it happen, enters the multi-billion dollar defence market (Category: Breaking News)
- It is imperative to equip our armed forces with state-of-the-art technologies and capabilities –... (Category: Breaking News)
Investors are waiting for directions from budget policies - analysts
- Sri Lanka shares fall on profit taking (Category: Breaking News)
- Sri Lanka shares gain over 2-pct in mid-day trade on positive interim budget (Category: Breaking News)
- Sri Lanka stocks gain for third straight session led by market heavyweights (Category: Breaking News)
- Sri Lanka shares gain over 2-pct in mid-day trade (Category: Breaking News)
[…]The post ‘Make The Economy Scream’: Whither The Asian 21st Century? appeared first on Colombo Telegraph.
- Beyond The Myth Of TINA To The IMF: The New Development Bank In The Asian 21st Century (Category: Breaking News)
- The Paris Club, Dollar Debt Colonialism & Asia’s New “Donors”: Reforming The International Aid A... (Category: Breaking News)
- IMF, Sri Lanka’s Resource Curse & Privatization Of The Central Bank (Category: Breaking News)
- Channel 4’s Easter Sunday: The IMF Descends Amid An Over The Horizon Operation Staring ‘Sonic-So... (Category: Breaking News)
Sri Lanka’s internet freedom declined during the period of June 2021 to May 2022 due to Government attempts to repress online activities related to protests around the economic crisis, the Freedom on the Net report 2022 said. Prolonged powercuts in the early part of the year also impacted connectivity. In April 2022, the Government briefly […]
- 22nd Amendment to the Constitution passed (Category: Breaking News)
- Galle Face protesters to withdraw today (Category: Breaking News)
- Jagath Samarawickrama takes oaths as new MP (Category: Breaking News)
- Ranil assures to protect rights of children and elderly (Category: Breaking News)
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 secures long-term credit line from Russia (Category: Breaking News)
- Sri Lanka secures long-term credit line from Russia to procure fuel (Category: Breaking News)
- India extends USD 1 Billion Credit Line for Sri Lanka until March 2024 (Category: Breaking News)
- Sri Lanka s credit line with India extended by $200 million for fuel (Category: Breaking 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 […]
- Sri Lanka secures a long-term Credit Line from Russia to procure fuel (Category: Breaking News)
- Fuel stocks sufficient for only around five days (Category: Breaking News)
- Sri Lanka looks to enhance ties with Russia (Category: Breaking News)
- India denies water cannon supplied to Sri Lanka under credit line (Category: Breaking News)
The Embassy of Sri Lanka in Moscow announced that a productive discussion was held with the Russian Government on the possibility of obtaining a long term credit line in order to procure fuel to Sri Lanka.
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
- Seeking Direction (Category: Business)
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 […]
- Crime syndicate venturing into terrorism getting state hospitality in neighboring country: India... (Category: Breaking News)
- Number of Times China Blocked UN from Designating Pakistan-based Militants as ‘Global Terrorists’ (Category: Breaking News)
- India to deliberate on UN reforms, global counter-terrorism during December presidency of UNSC (Category: Breaking News)
- India, Pakistan foreign ministers trade heated barbs on ‘terror’ (Category: Breaking News)
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.
- Price of 92 Octane Petrol increased in Sri Lanka (Category: Breaking News)
- Fuel consumption in Sri Lanka drops 50% in December (Category: Breaking News)
- First two Sinopec fuel shipments to arrive in Sri Lanka in August (Category: Breaking News)
- National Fuel Pass to be introduced today in Sri Lanka (Category: Breaking 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 […]
- Invite global renewable energy organizations to Sri Lanka  Solheim (Category: Breaking News)
- NP Governor receives assurance from Erik Solheim (Category: Breaking News)
- Norway’s Sri Lanka peace process evaluation presented (Category: Breaking News)
- Global Tamil Forum met with Norwegian politicians in Oslo, Norway on 16 March 2012 (Category: Breaking News)
By Norman Palihawadane Colombo Archbishop Malcolm Cardinal Ranjith has called on the country’s youth to rise against injustice and change the current system, which, he says, has become the cause of misery. Addressing a gathering at the premiere of the movie, titled ‘Prana’, at Colombo City Centre, recently, the Cardinal said: “The youth must rise […]
- Cardinal asks govt. to stop incarcerating dissenters (Category: Breaking News)
- Bishops urge relief package for poor (Category: Breaking News)
- Cardinal Ranjith calls for referendum before building bridge linking India and Sri Lanka (Category: Breaking News)
- Cardinal calls for cleansing of hearts to take country forward (Category: Breaking News)
In the nine months of 2022 Sri Lanka exports fell 9 percent to 192.60 million kilograms.
- Sri Lanka’s Tea exports to Ukraine drops 55-pct from Jan-May 2022 (Category: Breaking News)
- Sri Lanka tea exports down 9.7–pct in August, rupee earnings hit record (Category: Breaking News)
- Sri Lanka’s Ceylon tea output down 16.3-pct in May 2022 (Category: Breaking News)
- Iran to buy more Sri Lanka tea (Category: Breaking News)
There are no price controls on bread
- Bakery owners in Sri Lanka lament the loss of business due to increased wheat flour prices (Category: Breaking News)
- Sri Lanka bakery owners shift price control drumbeat from eggs to wheat flour (Category: Breaking News)
- Bread Prices Increased (Category: Breaking News)
- Wheat Flour Prices Push Bakers Out Of Business (Category: Breaking News)
[…]The post Putin’s Last Stand appeared first on Colombo Telegraph.
- Russian Presidential Election Results (Category: Breaking News)
- Vladimir Putin, Xi Jinping & Joe Biden (Category: Breaking News)
- Ancient Values Influence Behaviour Centuries Later (Category: Breaking News)
- The Ugly New Face Of Terrorism (Category: Breaking News)
Western countries this week ratcheted up their criticism of China, the world's largest bilateral creditor, as the main obstacle to moving ahead with debt restructuring agreements for the growing number of countries unable to service their debts.The post Global finance leaders single out China as barrier to faster debt relief appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ON...
- Yellen ‘eager’ to work with China on debt, other global challenges (Category: Breaking News)
- Janet Yellen warns United States could run out of cash by June 1 (Category: Breaking News)
- Janet Yellen warns US could run out of cash by June 1 (Category: Breaking News)
- India a trusted trading partner in ‘friendshoring’ strategy: US Treasury Secretary Janet Yellen (Category: Breaking News)
By D S KANG Liberals the world over have expressed serious concern about Giorgia Maloni’s seismic victory in the Italian elections, her expected elevation as the first far-right PM of the country since World War Two and its long-term implications for Italy as well as the rest of Europe. The far-right ideologies blended with neo-fascism […]
- What Meloni’s triumph could mean for Europe (Category: Breaking News)
- Shifting Focus (Category: Business)
- Curtain rising on heightening ‘global disorder’ (Category: Breaking News)
- Italy s Mount Etna erupts again (Category: Breaking News)
[…]The post IMF Must Become More Than Just A Debt Collector For Private Creditors appeared first on Colombo Telegraph.
- Hedge funds holding up vital debt relief for Sri Lanka (Category: Breaking News)
- Some creditors want to restructure Sri Lanka’s debt without China (Category: Breaking News)
- The Paris Club, Dollar Debt Colonialism & Asia’s New “Donors”: Reforming The International Aid A... (Category: Breaking News)
- China holds key to Sri Lanka’s debt restructuring to ease economic crisis (Category: Breaking News)
[…]The post How We Came To This Pass: A Quest For Scapegoats appeared first on Colombo Telegraph.
- How We Came To This Pass – The Aragalaya Challenge (Category: Breaking News)
- How We Came To This Pass – On The “Non-Rule Of Law System” (Category: Breaking News)
- Two Challenges: Economic Recovery & Political Devolution – IV (Category: Breaking News)
- How We Came To This Pass – Waiting On IMF (Category: Breaking News)
India is considered one of the potential superpowers of the world. This possibility has been attributed to many indicators, mainly demographic trends and a rapidly growing economy and military. India became the fastest-growing economy in the world in 2015, with estimated GDP growth of approximately 5%. There is no stopping India which is celebrating eight […]
- India’s commitment to climate change an example to the world! (Category: Breaking News)
- India makes it happen, enters the multi-billion dollar defence market (Category: Breaking News)
- India will be a developed nation by 2047, its economic growth ‘natural by-product’ of 9 years of... (Category: Breaking News)
- Myanmar Ports key to China’s Strategy of Controlling Indian Ocean (Category: Breaking News)
The Central Bank of Sri Lanka (CBSL) today said that it is Ânot in a position to consider favorably to the request to operate Russia s MIR bankcards within the country s banking system due to the US sanctions on the payment system.
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