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Burkina Faso’s Government has expelled the top UN diplomat in the country who was a former UN official in Sri Lanka. Barbara Manzi, the United Nations’ resident and humanitarian coordinator in the West African nation, was declared persona non grata, the foreign affairs ministry said in a statement. Burkina Faso has been wracked by violence […]
- Mahinda’s son allegedly owned luxury resort (Category: Breaking News)
- Jagath Samarawickrama takes oaths as new MP (Category: Breaking News)
- India sends 2,000 MT wheat to Afghanistan via Attari-Wagah border (Category: Breaking News)
- Australia deports Sri Lankan asylum seekers (Category: Breaking News)
, and doom and gloom, Ukraine did not fall. Ukraine is alive and kicking.” To […]
- Ukraine dam hit by Russian missiles in Zelenskyy’s hometown (Category: Breaking News)
- Ukrainian President announces rescue of seven SL students from Russian-held territory (Category: Breaking News)
- Xi and Putin confirmed for November’s G20 summit in Bali (Category: Breaking News)
- SpaceX says it can no longer pay for critical satellite services in Ukraine (Category: Breaking News)
President Ranil Wickremesinghe stressed that everyone should unite to fulfil their moral responsibility for the country, sidelining the traditional political system of trying to grab power at the next election by palming off all the responsibilities on the government.The post Step out of traditional politics and fulfil moral responsibility – President appeared first on Sri Lanka News - Lates...
- Step out of traditional politics and join hands to fulfill moral responsibility towards the coun... (Category: Breaking News)
- Sri Lanka President says Let 2048 be the year of development for Sri Lanka (Category: Breaking News)
- Everyone should unite to make food security program a success – President (Category: Breaking News)
- Sri Lankan President optimistic that debt restructuring discussions will end successfully (Category: Breaking News)
President Joe Biden has told President Volodymyr Zelensky the US will stick by Ukraine “for as long as it takes” in its war with Russia. “You will never stand alone,” Mr Biden told Mr Zelensky as he visited the White House on his first overseas trip since the Russian
- Zelensky wants Xi Jinping meeting following China’s peace plan (Category: Breaking News)
- Zelensky denies Ukraine attacked Putin or Moscow (Category: Breaking News)
- Kyiv hit by new massive Russian drone attack (Category: Breaking News)
- Rishi Sunak visits President Zelensky in Kyiv as he pledges £50m in aid (Category: Breaking News)
Having lost out to China considerably in its efforts to expand its influence in the global South and the ASEAN region, the West is giving every indication of making-up for lost time. While the US is in a stepped-up drive to cultivate the African continent, the EU is intensifying efforts to strengthen its economic ties […]
- EU pledges $10bn investment in Southeast Asia during ASEAN summit (Category: Breaking News)
- Troubled EU eyes ASEAN boost (Category: Business)
- Sri Lanka to bag yet another ASEAN MoU (Category: Business)
- Japan, wary of China, boosts ties with ASEAN (Category: Business)
Analysis by Matthew Brooker It was the year that the scales fell from Europe’s eyes on China. Heading into 2023, the clarity engendered by Beijing’s stance on the Russian invasion of Ukraine is in danger of being lost. Leaders of a continent beset by soaring energy prices and economic hardship
- Biden’s economic diplomacy push with China is high risk, low reward (Category: Breaking News)
- An Open Letter To President & Judiciary – A Response (Category: Breaking News)
- An Open Letter & Appeal To The IMF (Category: Breaking News)
- Sri Lanka – Survive Or Perish? – An Open Letter To The President (Category: Breaking News)
The United States is planning to announce new sanctions against Russia and China on Friday, targeting human rights violations in both countries, the Wall Street Journal newspaper reported, citing sources. The report said part of the restrictions will be related to the Global Magnitsky Act, a law that authorizes the US government to sanction foreign […]
- Russia-Ukraine war transforms into boon for China: Report (Category: Breaking News)
- Banned Bombs (Category: Business)
- Oil Ties (Category: Business)
- US calls on China to deliver on commitments to Sri Lanka (Category: Breaking News)
Months into Russia’s invasion of Ukraine, it is becoming increasingly clear that the latter’s traumas would not end any time soon. Nor is the invader registering any notable gains from its fatal decision to annex Ukraine by armed means and might. However, it’s abundantly
- A singular triumph for Soft Power (Category: Breaking News)
- What a world! (Category: Breaking News)
- East-West tensions heighten and take on new dimensions (Category: Breaking News)
- As ‘New Cold War’ intensifies, West woos Africa and ASEAN region (Category: Breaking News)
British Prime Minister Rishi Sunak has reiterated the UK’s commitment to a Free Trade Agreement (FTA) with India as part of the country’s wider focus on enhancing ties with the Indo-Pacific region. Delivering a talk Monday night at the Lord Mayor of London’s Banquet — his first major foreign policy speech since taking charge at […]
- Rishi Sunak: UK’s new PM embraces India connection (Category: Breaking News)
- From Joe Biden to Narendra Modi, here’s how world leaders wished Rishi Sunak on becoming UK PM (Category: Breaking News)
- Rishi Sunak vows to stand with Israel in ‘darkest hour’ (Category: Breaking News)
- UK bans overseas students from bringing their families (Category: Breaking News)
[…]The post Budget 2023: A Depth Or Dearth appeared first on Colombo Telegraph.
- Domestic Debt Restructuring: Another Time Bomb Clicking Down? (Category: Breaking News)
- Tax! Tax!! Tax!!! (Category: Breaking News)
- Budget 24: High Aspirations Amidst Mounting Challenges But Options Are Limited (Category: Breaking News)
- The Role Of National Defence In A Crisis-Ridden Economy (Category: Breaking News)
US President Joe Biden has said he would be ready to meet Russia’s Vladimir Putin “if in fact there is an interest in him deciding that he’s looking for a way to end the war”. Addressing reporters alongside French President Emmanuel Macron, he stressed Mr Putin had not yet done that.The two men stressed they […]
- SpaceX says it can no longer pay for critical satellite services in Ukraine (Category: Breaking News)
- China, India call for negotiated way out of Ukraine war (Category: Breaking News)
- Putin signs ‘independence’ decrees for Zaporizhia, Kherson (Category: Breaking News)
- Ukraine dam hit by Russian missiles in Zelenskyy’s hometown (Category: Breaking News)
FitchRatings has downgraded Sri Lanka’s Long-Term Local-Currency Issuer Default Rating (IDR) to ‘CC’, from ‘CCC’, and has affirmed the Long-Term Foreign-Currency IDR at ‘RD’ (Restricted Default). Fitch typically does not assign Outlooks to ratings of ‘CCC+’ or below. Fitch has also removed the Long-Term Local-Currency IDR from Under Criteria Observation, on which it was placed […]
- Fitch Upgrades Sri Lanka’s Long-Term Local-Currency IDR to ‘CCC-‘ (Category: Breaking News)
- Fitch downgrades Sri Lanka (Category: Breaking News)
- Fitch downgrades Sri Lanka’s long-term local-currency IDR to ‘CC’ (Category: Breaking News)
- Fitch Ratings warns of risks from political instability in Sri Lanka (Category: Breaking News)
Fitch Ratings has downgraded Sri Lanka’s Long-Term Local-Currency Issuer Default Rating (IDR) to ‘CC’, from ‘CCC’, and has affirmed the Long-Term Foreign-Currency IDR at ‘RD’ (Restricted Default). Fitch typically does not assign Outlooks to ratings of ‘CCC+’ or below. Fitch has also removed the Long-Term Local-Currency IDR from Under Criteria O...
- Fitch Upgrades Sri Lanka’s Long-Term Local-Currency IDR to ‘CCC-‘ (Category: Breaking News)
- Fitch downgrades Sri Lanka (Category: Breaking News)
- Fitch Downgrades Sri Lanka’s Long-Term Local-Currency IDR to ‘RD’ (Category: Breaking News)
- Fitch downgrades Sri Lanka to Restricted Default (RD), sovereign bonds to Default (D) (Category: Breaking News)
Sri Lanka’s Colombo city is among the world's least expensive cities to live in according to the annual Economist Intelligence Unit (EIU) survey.The post Sri Lanka’s Colombo city among world’s least expensive cities to live appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka looks to adventure travel to attract ‘quality’ tourists and help rebuild economy (Category: Breaking News)
- Sri Lanka Government going to further relax import restrictions (Category: Breaking News)
- Over 10.6 million rupees stolen from ATMs in Sri Lanka (Category: Breaking News)
- Forbes lists Sri Lanka as one of the 23 best places to travel in 2023 (Category: Breaking News)
BY Lili Bayer At one end, China hawks like the U.S. are trying to converge NATO’s goals with their own desire to constrain Beijing. At the other are China softliners like Hungary who want to engage Beijing. Then there’s a vast and shifting middle: hawks that don’t want to overly antagonize Beijing; softliners that still […]
- NATO head Stoltenberg: EU needs the US to protect against China (Category: USA, New York)
- NATO head Stoltenberg: EU needs the US to protect against China (Category: USA, New York)
- NATO head Stoltenberg: EU needs the US to protect against China (Category: USA, New York)
- NATO head Stoltenberg: EU needs the US to protect against China (Category: USA, New York)
President Xi Jinping revives interaction with world leaders after securing his third term of power at the communist party’s 20th congress last month. He makes it apparent that in full control of power internally, he now wants to bolster China’s image in the world as its tensions rise with the West. Within days of the […]
- Pushpika through to the Top 20 (Category: Breaking News)
- Xi builds campaign to change West-led world order (Category: Breaking News)
- Taiwan in the eye of worsening East-West tensions (Category: Breaking News)
- Chinese military raises tensions everywhere it goes (Category: Breaking News)
Iran is ready to fulfil the energy needs of India, said Iranian Deputy Foreign Minister Ali Bagheri who is visiting India as part of political consultations between the two countries. “Both countries enjoy different types of cooperation in the economic sphere. They are partners and complete each other — their economies are complementary. Iran enjoys […]
- Chabahar-Central Asia transit route to boost India-Iran cooperation: Raisi (Category: Breaking News)
- India hosts Iran’s deputy FM to push Eurasian link (Category: Breaking News)
- Iran and Sri Lanka agree to free prisoners and boots ties (Category: Breaking News)
- Amid rising tensions with US, China strengthening ties with Iran (Category: Breaking News)
External Affairs Minister S Jaishankar recently held talks with his Russian counterpart Sergey Lavrov in Moscow. Both leaders spoke on a wide range of issues pertaining to bilateral, regional and global matters. During the meeting, the Indian External Affairs Minister S. Jaishankar said, “Covid, trade difficulties have taken a toll on the global economy, and […]
- Will Modi’s soft power diplomacy be an antidote to Russia–Ukraine War? (Category: Breaking News)
- India ready to assist Sri Lanka secure IMF deal (Category: Breaking News)
- China refuses to condemn Russia’s Ukraine invasion during G20 deadlock (Category: Breaking News)
- France, US hail PM Modi’s advice to Putin over Ukraine (Category: Breaking News)
By Ramesh Khan At the beginning of the year 2022, none in Sri Lanka would have thought that the end of the pandemic would not signal the end of misery. Instead, it signaled the advent of misery in forms that had been unknown to the Sri Lankans until now. A country filled with tourist spots, […]
- IFC to provide $400 million to banks in Sri Lanka (Category: Breaking News)
- $ 400 m IMF lifeline for struggling Sri Lanka (Category: Business)
- Over 400 respond (Category: Breaking News)
- US$ 400 m India-SL energy transaction in the pipeline (Category: Business)
Support for Ukraine apparently cannot involve heightened diplomatic efforts to halt the bloodshed — after all, how would that help the weapons manufacturers and arms traders who are reaping a bonanza? All too many of those who justifiably excoriate the Chinese and Russian intolerance of dissent
- ‘Ukraine is alive and kicking’: Zelensky in address to US Congress (Category: Breaking News)
- US mulling supplying fighter jets for Ukraine: White House (Category: Breaking News)
- Biden makes surprise visit to Ukraine for first time since full-scale war began (Category: Breaking News)
- Biden urges G7 to stay together as leaders target Russian gold (Category: Breaking News)
Rishi Sunak has pledged £50m in defence aid to Ukraine as he met President Volodymyr Zelensky in his first visit to Kyiv since becoming prime minister. Mr Sunak said it was “deeply humbling” to be in Kyiv and that the UK would continue to stand by Ukraine. “Since the first days
- Kyiv hit by new massive Russian drone attack (Category: Breaking News)
- Zelensky wants Xi Jinping meeting following China’s peace plan (Category: Breaking News)
- Wave of explosions hit Ukraine (Category: Breaking News)
- US, UK and Australia agree on nuclear submarine project (Category: Breaking News)
Poland said early Wednesday that a Russian-made missile fell in the country’s east, killing two people, though U.S. President Joe Biden said it was “unlikely” it was fired from Russia.The blast, which Ukrainian President Volodymr Zelenskyy decried as “a very significant escalation,” prompted Biden to call an emergency meeting of G-7 and NATO leaders. A […]
- ‘Ukraine is alive and kicking’: Zelensky in address to US Congress (Category: Breaking News)
- Russia to take more aggressive stance against Ukraine (Category: Breaking News)
- Up to 40 countries could boycott Paris Olympic Games, says Poland sports minister (Category: Breaking News)
- Ukraine war: Biden prepared to meet Putin to end Russia’s war (Category: Breaking News)
By MAHADIYA HAMZA ECONOMYNEXT – Sri Lanka’s tourism revival is facing a challenge in bringing in more high spending foreign visitors due to increasing protests locally while monetary tightening, impacts of Russian invasion into Ukraine, and rising inflation globally.The move is likely to slow
- Developing plans and policies without young people is a futile exercise: UNICEF Sri Lanka (Category: Breaking News)
- Urgent measures needed to halt exodus of skilled personnel (Category: Breaking News)
- UNDP, EU assistance to equip tourism industry for sustainable future (Category: Breaking News)
- OPA panel discussion: The Role of Domestic Aviation in Sri Lanka Tourism (Category: Breaking News)
At least eight million tonnes carbon dioxide (CO2) equivalent have been emitted from February to September this year as a result of the Russian invasion of Ukraine, that started on February 24, 2022, a team of researchers announced at Sharm El-Sheikh November 9, 2022.The greenhouse gas impact
- SJU first University in South Asia to report its greenhouse gas emissions (Category: Breaking News)
- What a world! (Category: Breaking News)
- Proxy wars make unsettling comeback (Category: Breaking News)
- SL urges tri-forces members not to become mercenaries in Russia or Ukraine (Category: Breaking News)
Sri Lanka President Ranil Wickremesinghe told the Parliament on Thursday (November 10) Sri Lanka won’t have a major issue with food security during next year, hopefully.The post Sri Lanka won’t have a major issue with food security during next year – President appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Climate Colonialism At CoP 28: Carbon Laundering Via Green Bondscams? (Category: Breaking News)
- SJB: Cop who failed to prevent bombings to be made IGP (Category: Breaking News)
- Cop sacked for playing piano while Gotabaya fled (Category: Breaking News)
- Sri Lankan stakeholders prepare for COP 27 in Joint Climate Change Dialogues (Category: Breaking News)
US President Joe Biden says Elon Musk’s relationships with foreign countries are “worthy of being looked at”. Mr Biden was asked whether Mr Musk posed a national security threat and if Saudi Arabia helping him to buy Twitter should be investigated. Saudi Arabia’s Prince Alwaleed bin Talal rolled over a $1.89bn (£1.7bn) Twitter stake into […]
- Elon Musk says he has appointed new Twitter boss (Category: Breaking News)
- Elon Musk no longer world’s richest man (Category: Breaking News)
- Musk defends deep cuts to Twitter’s workforce (Category: Breaking News)
- Taiwan tells Elon Musk it is ‘not for sale’ (Category: Breaking News)
German Chancellor Olaf Scholz could very well have broken rank with some of his fellow member states in the European Union by choosing to visit China with the aim of mending economic fences with the latter. Scholz sought to reassure the political leadership of the Union and their publics that he meant well by his […]
- XI HUNGERS FOR GLOBAL INTERACTION AFTER GETTING THIRD TERM (Category: Breaking News)
- President Ranil holds bilateral talks with Germany, Kazakhstan leaders (Category: Breaking News)
- Europe’s disunity over China deepens (Category: Breaking News)
- German defence minister resigns amid criticism, pressure over Ukraine arms (Category: Breaking News)
[…]The post Need To Restrain The Power Of Shadow Finance appeared first on Colombo Telegraph.
- End Casino Capitalism: Sri Lanka To Join The Global Minimum Tax Agreement (Category: Breaking News)
- Failed Economy: Bribery & Corruption To Maintain Power (Category: Breaking News)
- The Police & Aragalaya Activists In A Time Of Social Upheaval (Category: Breaking News)
- Debterioration Of Nations Social Security & Protection (Category: Breaking News)
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)
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