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- colombogazette.com - Category : Breaking News - Relavancy : 0.40267143

Sri Lanka says a contest for supremacy is unfolding between the United States and China across the expanses of the Pacific Ocean. President Ranil Wickremesinghe said that a power struggle is also emerging between Western nations and Russia in the context of Ukraine. “Undoubtedly, the Indian

- onlanka.com - Category : Breaking News - Relavancy : 0.10341292

Chinese oil major Sinopec expects to start operations in Sri Lanka on Sept. 20 and will be allowed to sell fuel for less than the maximum retail price set by the government, Sri Lanka's power minister said on Tuesday.The post Sri Lanka says China’s Sinopec to start operations September 20 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- island.lk - Category : Breaking News - Relavancy : 0.06397015

During the question-and-answer session, Dr. Dushni Weerakoon questioned the sustainability of Sri Lanka’s non-aligned foreign policy, as it weakened the country’s position in trade negotiations. The expert assertion was certainly not restricted to trade negotiations. Having signed ACSA (Access and Cross Servicing-Agreement) with the US, in August 2017, it would be ridiculous to still talk […...

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.05170646

[…]The post Vain Attempts To Bowl Imran Khan Out!  appeared first on Colombo Telegraph.

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.059093095

[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 0.044319823

The developing Indo-Lanka relations, particularly the process since early 2022 should be examined taking into consideration the significant role played by Sri Lanka’s High Commissioner in New Delhi Milinda Moragoda, who received the Cabinet rank. At the time President Gotabaya Rajapaksa sent the former UNP Minister, one -time close associate of UNP leader Ranil Wickremesinghe, […]

- island.lk - Category : Breaking News - Relavancy : 0.17911641

Japan has sought Sri Lanka’s backing for its Free and Open Indo-Pacific (FOIP) strategy. Japanese Foreign Minister Hayashi Yoshimasa has taken up this issue with his Sri Lankan counterpart Ali Sabry, PC, when they met on 29th July. According to a statement issued by the Japanese Embassy, in Colombo, Minister Yoshimasa has also briefed Minister Sabry regarding […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.07312398

[…]The post The New Kurukshetra: BJP & Opposition Alliances For The 2024 Elections appeared first on Colombo Telegraph.

- onlanka.com - Category : Breaking News - Relavancy : 0.07386637

U.S. Treasury Secretary Janet Yellen said on Sunday she was "eager" to work with China on areas of mutual interest, including debt restructurings for poorer countries, and that multilateral development banks needed reforms before capital increases could be considered.The post Yellen ‘eager’ to work with China on debt, other global challenges appeared first on ONLANKA - Sri Lanka Latest...

- island.lk - Category : Breaking News - Relavancy : 0.08863965

Monday 17th July, 2023 The Parliamentary Select Committee (PSC) appointed by Speaker Mahinda Yapa Abeywardena to investigate the causes of the country’s bankruptcy has come in for severe criticism, and understandably so. The Opposition has rightly pointed out that the PSC cannot be expected to act impartially under the chairmanship of General Secretary of the […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.40267143

The United States (US) expects Sri Lanka’s debt treatment to be finalised soon. US Treasury Secretary Janet Yellen said that the United States will seek to increase financial assistance for war-torn Ukraine and push for debt restructuring during a G20 Finance meeting in India. Yellen

- island.lk - Category : Breaking News - Relavancy : 0.044319823

Udeni Kaluthantri, a 54-year-old port worker, became an overnight sensation last year for reasons that had nothing to do with his job. Days after protesters stormed the presidential palace in the Sri Lankan capital Colombo, a video surfaced of Mr Kaluthantri lounging on a bed draped with the presidential flag. Pictures of young men jumping […]

- onlanka.com - Category : Breaking News - Relavancy : 0.14624795

India plans to allow Sri Lanka up to 12 years to repay its debt to help ease the financial burden on the island nation, India’s Export Credit Guarantee Corporation (ECGC) Ltd’s chairman-cum-managing director M. Senthilnathan said.The post India to allow Sri Lanka to repay debt over 12 years appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- onlanka.com - Category : Breaking News - Relavancy : 0.07386637

A year after angry Sri Lankans stormed the president's residence and forced his ouster during a meltdown of the economy, the island's streets are calm, there are no serpentine queues at fuel stations and hours-long power cuts have ended.The post Analysis: A year later, Sri Lanka’s tentative economic recovery eludes the poor appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top S...

- island.lk - Category : Breaking News - Relavancy : 0.16714051

India plans to allow Sri Lanka up to 12 years to repay its debt to help ease the financial burden on the country, India’s Export Credit Guarantee Corporation (ECGC) Ltd’s Chairman-cum-Managing Director M. Senthilnathan said. Sri Lanka, facing its worst economic and political crisis in over seven decades, owes $7.1 billion to bilateral creditors— $3 […]

- island.lk - Category : Breaking News - Relavancy : 0.044319823

CP Chairman DEW G says lawmakers here should be aware of what is going on in the world. The Parliament cannot turn a blind eye to global developments, the former MP said, pointing out that the ongoing Ukrainian crisis underscored the need for greater understanding of international affairs as the rapid developments taking place with […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.036933184

[…]The post A French Spring Amid IMF Mission Creep: Ranil Tangoes In Paris As Macron Pivots To BRICS appeared first on Colombo Telegraph.

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.044319823

[…]The post The March Towards ‘Akhand Bharat’ appeared first on Colombo Telegraph.

- colombogazette.com - Category : Breaking News - Relavancy : 0.08863965

Sri Lanka has sought more cooperation with China and also rejected ‘debt trap’ claims. China has invested a lot in Sri Lanka in recent years and Sri Lanka looks forward to expanding the mutually beneficial partnership, Ali Sabry, Sri Lanka’s minister of foreign affairs, told the media during his visit to China. Speaking at a […]

- island.lk - Category : Breaking News - Relavancy : 0.059093095

By Chandre Dharmawardana chandre.dharma@yahoo.ca According to a recent news report (The Island 23rd June 2023), Minister Mahinda Amaraweera has claimed that the “agricultural sector to be transformed into an export-oriented economy”! This is a surprising statement since the plantation sector, established by the British, has been from the start (and even now) an export-oriented economy....

- island.lk - Category : Breaking News - Relavancy : 0.08357026

by Rajan Philips Last week saw a spate of summits underscoring the global economic and geopolitical headwinds that governments and countries have to cope with and navigate through. First, there was the visit to China by the US Secretary of State Antony Blinken. This was followed by a state visit to Washington by India’s Prime […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.05170646

[…]The post Ranil’s Economic Strategy: Will His Prioritisation Of Targets Misfire? appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 0.08357026

By Prabhat Patnaik After Sri Lanka and Pakistan, Bangladesh has become the third country in our neighbourhood to become afflicted by a serious economic crisis. It has asked for a $4.5 billion loan from the IMF, apart from $1 billion from the World Bank and $2.5-3 billion from multilateral agencies and donor nations. Though the […]

- island.lk - Category : Breaking News - Relavancy : 0.48320574

From the viewpoint of the South, the recent visit by a delegation of African political leaders to Russia for the primary purpose of impressing on President Vladimir Putin the need to end the conflict in Ukraine is welcome news. The visit is doubly important for at least two main reasons

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.044319823

[…]The post From Caretaker President To King Ranil  appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 0.059093095

By Chani Imbulgoda “We suffer today, because leaders in the past have failed to govern this country properly”. Oh, the predecessor has not done things well, they all have let the place go haywire”. Familiar excuses… When one takes over the leadership be it the country, be it an organisation, or be it a new […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.08955821

[…]The post The Influence Of Sirima Bandaranaike & Ranil Wickremesinghe On The Foreign Policy Of Sri Lanka  appeared first on Colombo Telegraph.

- colombogazette.com - Category : Breaking News - Relavancy : 0.07386637

      By N Sathiya Moorthy     How come a ‘poor’ in Asia is also among the ‘miserable’ in the world? But it is possible, as two economic surveys of nations have shown, coming as they do almost simultaneously. A certain Hanke’s Annual Misery Index (HAMI) 2022 has ranked Sri Lanka as the 11th […]

- island.lk - Category : Breaking News - Relavancy : 0.08863965

India has done more for Sri Lanka than the International Monetary Fund (IMF), Union Minister for External Affairs Dr S Jaishankar, has told the Indian Express. The IE story, filed from Ahmedabad, said: The Modi government, he [Jaishankar] underlined, is working on developing an “extended neighbourhood” that involves islands in the Indian Ocean, Gulf countries and […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.07386637

India has done more for Sri Lanka than the International Monetary Fund (IMF), Union Minister for External Affairs Dr S Jaishankar said. The Modi Government, he underlined, is working on developing an “extended neighbourhood” that involves islands in the Indian Ocean, Gulf countries and nations in South-East Asia. “What we are also trying to do […]

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