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A look at global debt statistics would show that almost all countries, irrespective of their economic status, obtain loans. The USA, the second richest country on the basis of PPP index, has a debt burden of more than 100% of their GDP, which is much more than some of the developing countries such as Brunei […]
- Forbes: Lanka, Pakistan and Maldives among biggest debt burdens to China (Category: Breaking News)
- Debt Trap Lessons (Category: Breaking News)
- Central Bank eyeing USD 8 -10 billion currency reserves in 3-4 years (Category: Breaking News)
- Ranawaka: It’s possible to prosecute those who bankrupted country (Category: Breaking News)
[…]The post The Paris Club, Dollar Debt Colonialism & Asia’s New “Donors”: Reforming The International Aid Architecture? appeared first on Colombo Telegraph.
- Debt Restructuring As Rocket Science: The IMF, Green, Blue & Pink-Washing BlackRock? (Category: Breaking News)
- ‘Make The Economy Scream’: Whither The Asian 21st Century? (Category: Breaking News)
- Gota Back In The USA & A Chilling Killing: Welcome To 2023 A (Virtual) Realty In A Post-Truth Wo... (Category: Breaking News)
- Alternatives To The IMF & The Future Of The Welfare State: Beyond The Blame Game Between Superpo... (Category: Breaking News)
Japan has placed preconditions in order to support Sri Lanka’s debt issue. Finance Minister Shunichi Suzuki said that Japan is prepared to “do its part” over Sri Lanka’s debt issue. However, he said that other creditors, such as China and India, should also be involved in efforts to resolve it. Suzuki made the remarks after […]
- Japanese Finance Minister Shunichi Suzuki to visit Sri Lanka (Category: Breaking News)
- Japan welcomes coordinated debt restructuring program for Sri Lanka (Category: Breaking News)
- Japanese Finance Minister calls for talks on Sri Lanka (Category: Breaking News)
- Japan calls for creditor nations’ talks on Sri Lanka debt restructuring (Category: Breaking News)
Russian President Vladimir Putin on Monday granted Russian citizenship to former U.S. intelligence contractor Edward Snowden, nine years after he exposed the scale of secret surveillance operations by the National Security Agency (NSA).The post Russia President Vladimir Putin grants Russian
- Putin grants Russian citizenship to US whistleblower Snowden (Category: Breaking News)
- Russian President Vladimir Putin congratulates Sri Lankan President Ranil Wickremesinghe (Category: Breaking News)
- India expects $8-$9 Billion bilateral trade with Russia, Sri Lanka in two months (Category: Breaking News)
- Sri Lanka, Russia continue talks on loan for Russian oil products (Category: Breaking News)
[…]The post After Samantha Power’s Visit appeared first on Colombo Telegraph.
- The Past Is Never Dead (Category: Breaking News)
- The Past Is Never Dead (Category: Breaking News)
- The Past Is Never Dead (Category: Breaking News)
- Some Questions On Protection & Promotion Of Democracy In Sri Lanka? (Category: Breaking News)
[…]The post Child’s Guide To Ranilnomics: Proposed Debt Restructuring Will Pose More Issues Than Answers appeared first on Colombo Telegraph.
- Child’s Guide To Debt Restructuring: Not A Cakewalk But A Task Entailing Hard Work (Category: Breaking News)
- Foreign Debt Restructuring: Too Late & Too Short To Get Out Of The Debt Trap (Category: Breaking News)
- A Child’s Guide To Demand Of 182 Academics For Cancelling Sri Lanka’s Foreign Debt (Category: Breaking News)
- Child’s Guide To Ranilnomics: Actual Tax Payment Is Not What One Pays Today (Category: Breaking News)
Are the Chinese still keen on left unity in Nepal ahead of the November 20 elections? The jury is still out. But the debate will certainly be fuelled in the next few days and weeks. Li Zhanshu, the chairman of the Standing Committee of the National People’s Congress of China, is arriving on a three-day official visit […]
- Rattled by US officials’ Kathmandu visit, China reminds Nepal on ‘One-China’ policy (Category: Breaking News)
- ‘One China’ principle and ‘One Country, Two Systems’ policy are ironical (Category: Breaking News)
- Nepal’s new Pokhara airport on China’s BRI radar: Report (Category: Breaking News)
- Sri Lanka to resume debt restructuring talks with China (Category: Breaking News)
By S. V. Kirubaharan in France The United Nations definition of ‘victims’ is as follows: “Victims” means persons who, individually or collectively, have suffered harm, including physical or mental injury, emotional suffering, economic loss or substantial impairment of their fundamental rights, through acts or omissions that are in violation of criminal laws operative within Member States, [̷...
- Sri Lanka rejects OHCHR evidence gathering mechanism (Category: Breaking News)
- Empathy and understanding sought by Sri Lanka (Category: Breaking News)
- Türkiye insists will not sign resolution on Sri Lanka (Category: Breaking News)
- UN rights chief told invitation to visit Sri Lanka still stands (Category: Breaking News)
Sri Lanka has sought more information from the Ukrainian government and Ukrainian embassy in New Delhi on the news of the rescue of seven Sri Lankan students from Kupyansk Medical College in the Kharkiv region in Ukraine.The post Sri Lanka seeks details on medical students ‘rescued from Russian captivity’ in Ukraine appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka -...
- Sri Lankan students held by Russian forces in Kharkiv region rescued – Ukrainian President (Category: Breaking News)
- Horrific details about 07 Sri Lankans captured by Russian soldiers revealed (Category: Breaking News)
- Sri Lanka urged to do more for citizens freed after Russian ‘torture’ (Category: Breaking News)
- Ukrainian President announces rescue of seven SL students from Russian-held territory (Category: Breaking News)
By N Sathiya Moorthy President Ranil Wickremesinghe’s address at the first-ever graduation ceremony of the National Defence College (NDC) in capital Colombo reiterated four points. The first three have been repeated by successive governments and their leaders over the past three decades in particular. Initiated under the predecessor government of President Gotabaya Rajapaksa in the […]
- Can ‘National Security’ priorities wait for economic recovery? (Category: Breaking News)
- Sri Lanka President Ranil Wickremesinghe addresses 7th Indian Ocean Conference in Perth (Category: Breaking News)
- Fearing political pressure, Sri Lanka president wants to avoid trade integrations with India (Category: Breaking News)
- President Ranil Wickremesinghe calls for unified action to safeguard the Indian Ocean (Category: Breaking News)
Fear of a DDR/IFR event drive rates even higher
- Sri Lanka central bank US$4.0bn in debt by March 2022 (Category: Breaking News)
- Sri Lanka central bank busts US$9.8bn since Feb 2020 to suppress rates, for stimulus (Category: Breaking News)
- Sri Lanka’s Central Bank Governors should be restrained by law, not given independence (Category: Breaking News)
- Sri Lanka will have to print money unless taxes are raised: CB Governor (Category: Breaking News)
The Sri Lankan authorities continue negotiations with Russia on the provision of a loan to buy Russian fuel, Sri Lankan Minister of Transport and Highways and Minister of Mass Media Bandula Gunawardena said on Saturday in an interview with Sputnik.The post Sri Lanka, Russia continue talks on loan
- Sri Lanka, Russia continue talks on loan for Russian oil products (Category: Breaking News)
- Sri Lanka mulls buying Russian oil & fertilizers (Category: Breaking News)
- Sri Lanka seeks investors for nuclear power plants (Category: Breaking News)
- India expects $8-$9 Billion bilateral trade with Russia, Sri Lanka in two months (Category: Breaking News)
Westminster Abbey has space for around 2,000 people, so only heads of state and one or two guests have reportedly been invited to Britain’s first state funeral for six decades. London: Hundreds of foreign royals and leaders are expected to attend the state funeral of Queen Elizabeth II in London on Monday in one of […]
- Lankan president met British PM (Category: Breaking News)
- Sri Lanka President meets British Premier (Category: Breaking News)
- King Charles’s Coronation guest list: who’s who of everyone expected to attend (Category: Breaking News)
- President engages in cordial conversation with King Charles III (Category: Breaking News)
[…]The post Downward Spiralling Economy: Increased Govt Spending & Reduced Revenue appeared first on Colombo Telegraph.
- Taking Dictatorial Steps To Control Public Sri Lanka (Category: Breaking News)
- Lack of Common Sense Of A Time-Expired President (Category: Breaking News)
- Corruption & Lack Of Common-Sense; Presidential Brutalities (Category: Breaking News)
- Government-Sponsored Terrorism In Sri Lanka (Category: Breaking News)
By N Sathiya Moorthy While leaving for Geneva to head the government delegation at the UNHRC session beginning this week, Foreign Minister Ali Sabry has reiterated the Sri Lankan State position that it would not accept an ‘international probe’ into war-crimes, as dictated in earlier resolutions of the UN human rights body. The government has […]
- Comprehensive international probe on Easter attacks (Category: Breaking News)
- Pillayan ready to face international probe (Category: Breaking News)
- Azad Moulana offers to testify in Easter attacks probe (Category: Breaking News)
- UN calls for independent probe into Easter Sunday attacks (Category: Breaking News)
By Uditha Devapriya Sri Lanka’s economic woes have not cast a shadow over its complex foreign relations. On August 16, the southern port of Hambantota welcomed the Yuan Wang 5, a research vessel from China. While Colombo had asked for a deferral of the visit, it eventually relented and allowed the ship to dock until […]
- Milinda pushes for Indo-Lanka strategic-level partnership (Category: Breaking News)
- “A friend in need is a friend indeed”: Sri Lanka’s praise for India (Category: Breaking News)
- Sri Lanka may allow Indian rupee to be used in local transactions (Category: Breaking News)
- First things first (Category: Breaking News)
by Dayan Jayatilleka, PhD Watching Mikhail Gorbachev who died last week at the World Festival of Youth and Students in the Summer of 1985, I had a thought which I later recorded in an article in the Sri Lankan newspapers. I felt, and wrote, that “at last we have a Soviet leader we do not […]
- The World after Gorbachev and Sri Lanka after JR Jayewardene (Category: Breaking News)
- Last Soviet leader Mikhail Gorbachev dies aged 91 (Category: Breaking News)
- The World After Mikhail Gorbachev & Sri Lanka After JR Jayewardene (Category: Breaking News)
- Last Soviet leader Mikhail Gorbachev dies aged 91 (Category: Breaking News)
Mikhail Sergeyevich Gorbachev who died last Tuesday was hardly known outside the Soviet Union when JR Jayewardene made himself Sri Lanka’s President in 1978. Seven years later, on March 11, 1985, Gorbachev would be become the General Secretary of the Soviet Communist Party. He was 54 years old and was the first leader of the […]
- The World After Mikhail Gorbachev & Sri Lanka After JR Jayewardene (Category: Breaking News)
- Gorbachev: The Mystery of Roads Taken & Not Taken (Category: Breaking News)
- Politics Devoid Of Doctrine Is Empty & Harmful In The Long-Run; Premadasa, RW & MR Are Examples (Category: Breaking News)
- A brave new world (Category: Breaking News)
[…]The post Lanka Adrift In Tempestuous Seas appeared first on Colombo Telegraph.
- Threats To The Hegemony Of The US Dollar (Category: Breaking News)
- Next Round: Ranil Versus The JVP (Category: Breaking News)
- A Meteor Shower Of Novel Terms (Category: Breaking News)
- Prospects For Global Capitalism: 2023 & After (Category: Breaking News)
[…]The post The World After Mikhail Gorbachev & Sri Lanka After JR Jayewardene appeared first on Colombo Telegraph.
- Gorbachev And Gotabaya (Category: Breaking News)
- 117th Birth Anniversary & Long Legacy Of JR Jayewardene (Category: Breaking News)
- Is The World, Hopelessly Divided Over Ukraine, Coming Together For Sri Lanka? (Category: Breaking News)
- Politics Devoid Of Doctrine Is Empty & Harmful In The Long-Run; Premadasa, RW & MR Are Examples (Category: Breaking News)
The government procurement system does not allow long term contracts.
By Shamindra Ferdinando SJB MP Dr. Harsha de Silva yesterday said that he was quite disappointed that his economic revival plan, or common minimum programme, presented in parliament on 12 August hadn’t received the anticipated response from political parties, represented in Parliament. The Colombo District lawmaker said so when The Island asked him whether political parties and President […...
- Harsha won’t join cabinet, but urges All Party Govt. to implement his economic recovery plan (Category: Breaking News)
- SC ruling on economic meltdown: Lacille wants wrongdoers appropriately dealt with (Category: Breaking News)
- 22 A: Amendments accepted at ‘committee stage’ should be subjected to SC approval (Category: Breaking News)
- Current administration panders to whims and fancies of Rajapaksa clan – Harsha (Category: Breaking News)
[…]The post Central Bank Independence: Issue To The Fore Again, But Will The Government Have Foresight To Do It? appeared first on Colombo Telegraph.
- New Central Banking Bill: Positive But Gaps Need To Be Filled (Category: Breaking News)
- New Central Bank Bill: Gaps Need To Be Filled (Category: Breaking News)
- Deciding On New Central Bank Act Is Too Precious To Be Left Only To Politicians (Category: Breaking News)
- A Child’s Guide To Currency Board Systems: Has The Monetary Board Failed The Nation? (Category: Breaking News)
[…]The post War On China? – VI: India & The US: Forward Policy & The Brzezinskian Project appeared first on Colombo Telegraph.
- War On China? – III: Pivot To East (Category: Breaking News)
- To Be Or Not To Be (A US Military Base) (Category: Breaking News)
- Two Challenges: Economic Recovery, Political Devolution – II (Category: Breaking News)
- Sri Lanka’s Past Is Prologue For China (Category: Breaking News)
Minister of Power and Energy Kanchana Wijesekera says that 24 companies from the UAE, Saudi Arabia, USA, China, India, Russia, UK, Malaysia, Norway and the Philippines have submitted proposals for the EOIs to engage in the petroleum business in Sri Lanka.
By Easwaran Rutnam Several foreign companies have made offers to import and sell fuel in Sri Lanka. Minister of Power and Energy Kanchana Wijesekera said that 24 company’s from the UAE, Saudi Arabia, USA, China, India, Russia, UK, Malaysia, Norway and the Philippines have submitted proposals
- CEB officials placed on compulsory leave (Category: Breaking News)
- Kanchana insists revision of CEB tariffs a must (Category: Breaking News)
- Claims of a 10-hour power cut in 2023 rubbished (Category: Breaking News)
- Solar energy proposed to counter high electricity tariffs (Category: Breaking News)
[…]The post Government’s Attempt To Redefine The Political Discourse & Direction Through Suppression appeared first on Colombo Telegraph.
- The Police & Aragalaya Activists In A Time Of Social Upheaval (Category: Breaking News)
- Witch-Hunting Mudalige, Ranil-Rajapaksa Repression & the Opposition’s Convoluted, Collaborationi... (Category: Breaking News)
- Evaluation Of Aragalaya (Category: Breaking News)
- Why Did Ruwan Exonerate NTJ Leader Zahran? (Category: Breaking News)
[…]The post Ranil’s Policy Train-Wreck, Opposition Own-Goals, Dullas-GL Game-Changer appeared first on Colombo Telegraph.
- Witch-Hunting Mudalige, Ranil-Rajapaksa Repression & the Opposition’s Convoluted, Collaborationi... (Category: Breaking News)
- Triangular Contest: To Be Realistic, There Are 3 Options: Response To Prof Kumar David (Category: Breaking News)
- Ranil Just Mummified Himself & Embalmed The UNP, So What Should A Democratic Opposition Do? (Category: Breaking News)
- Ranil Just Mummified Himself & Embalmed The UNP, So What Should A Democratic Opposition Do? (Category: Breaking News)
By Ifham Nizam Sri Lankan scientists, and their foreign colleagues, had discovered a new bat species, living in Sri Lanka and India. This bat is scientifically known as Miniopterus phillipsi, and Phillip’s long-fingered bat in English. The research team was led by young biologist, a PhD candidate of Ruhunu University, Tharaka Kusuminda, currently working at […]
- Newly described cave bat in Sri Lanka indicates presence of more species (Category: Breaking News)
- Two new mosquito species identified within Sri Lanka (Category: Breaking News)
- New orchid species discovered in Walankada Forest Reserve (Category: Breaking News)
- 81 bird species in Sri Lanka at risk of extinction (Category: Breaking News)
ByShamindra Ferdinando Sri Lanka hadn’t been able yet to convince Russia to resume Aeroflot flights and tourists from there to Sri Lanka suspended in the wake of the detention of SU 289 at the Bandaranaike International Airport (BIA) on the afternoon of June 02, authoritative sources said. Sri
- Consultant surgeon suggests airlifting of patients to NHSL from far-flung areas for emergency su... (Category: Breaking News)
- J’pura campus surrounded by Army like ‘uncleared area’ - SU (Category: Breaking News)
- Buddhist traditions guide our approach to economic and social policy making: President at MDG Su... (Category: Breaking News)
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