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It is important to anticipate legal trends, anticipate consumer trends
UN Secretary General António Guterres today called for dialogue to “ensure a smooth transition of Government and solutions to the country’s deep economic crisis. President Gotabaya Rajapaksa has yet to comment publicly on the occupation of his residence, along with that of Prime Minister Ranil Wickremesinghe, but the Prime Minister’s office reportedly said it had […]
(Vatican News) Pope Francis on Sunday implored the authorities of Sri Lanka to listen to the cries of their people, suffering under the country’s worst economic crisis in 70 years. “I join in the grief of the people of Sri Lanka, who continue to suffer the effects of political and economic instability,” the pope said […]
ECONOMYNEXT –Sri Lanka should stop money printing earlier than indicated in a statement by Prime Minister Ranil Wickremesinghe, opposition legislator Harsha de Silva said, though legislators have already given extensive powers to the agency engage in liquidity injections. “Prime Minister Ranil Wickremesinghe talked about money printing,” de Silva told parliament. “He said, the in...
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"There is a war in Ukraine today after the IMF intervened there."
Sri Lanka has sought the assistance of the European Union in the economic recovery process. As part of the ongoing engagement with 94 concurrently accredited Diplomatic Missions to Sri Lanka from New Delhi, High Commissioner of Sri Lanka to India Milinda Moragoda hosted a group of European Heads of Mission on 21 June 2022 and […]
"Are we trying to get out of this crisis by being caught in a western trap?" he demanded.
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Sri Lanka may be compelled to buy more oil from Russia as the island nation hunts desperately for fuel amid an unprecedented economic crisis, the newly appointed Prime Minister said. Prime Minister Ranil Wickremesinghe said he would first look to other sources, but would be open to buying more crude from Moscow. Western nations largely […]
China on Wednesday praised India for making “great efforts” to help Colombo to tide over its worst financial crisis even as it refuted Sri Lankan President Gotabaya Rajapaksa’s remarks that Beijing has shifted its strategic focus from South Asia including Pakistan to South East Asia, saying the region still remained its priority. Sri Lanka has […]
“I invite anyone from the Aragalaya to take my place,” he said.
The South Asian region is deeply divided in response to Russia’s invasion of Ukraine
Prime Minister Ranil Wickremesinghe has warned that the next three weeks will be tough for Sri Lanka. Speaking in Parliament today, the Prime Minister said that the public must use fuel and gas as carefully as possible. He also said that unessential travel should be limited as much as possible. “Therefore, I urge all citizens […]
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China is closing in on India after establishing ports at Gwadar in Pakistan, Hambantota and Colombo in Sri Lanka and soon it will have access to the Indian Ocean from ports in Myanmar. In August 2021, China successfully trialled a cargo run from Myanmar’s Yangon Port all the way to China’s Yunnan Province. China has […]
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Lack of jet fuel in Colombo forces SriLankan, other airlines to refuel in other airports
Regional plantation companies and smallholders are harvesting green leaf and arranging deliveries
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