[…]The post The Cauldrons We Make appeared first on Colombo Telegraph.

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 […]

The muted, panicked voice came through the phone of a friend who croaked she was very confidentially warning Cassandra and advising her. Yours truly was immediately panic infected. With deep emphasis and concern the friend took her time to advise that Cass withdraws all money from banks. Cass was for once glad she was poor […]

Hotels charge in US dollars, I do not see why we cannot

Sri Lanka central government debt falls to US$32.4bn from US$50.5 billion rupees

[…]The post The ACF Commission: To Exorcise Ghosts Of Truth That Continued To Haunt Regardless  appeared first on Colombo Telegraph.

Pure floating exchange rates and a fixed exchange rate with a currency boards are free-market mechanisms

assport of a British national, Kayleigh Fraser, who had posted about the protests on social media, seized

But it is a tool and a means only, not the ultimate goal. It is simply compulsion and coercion; it is the police power.

Overnight clean money volumes down to zero, sporadic repo activity

By Michael Rowand As Sri Lankan protesters stormed the presidential residence in Colombo, the Chinese Embassy released no statements and did not tweet. The Chinese Ministry of Foreign Affairs offered no comment until Monday afternoon, well behind others such as India, the European Union, and the United States. The French Embassy even retweeted a tweet […]

“After I speak to [friendly nations], there will be help coming from there. They won’t allow people to starve.”

How focused and efficacious are the current infrastructure investments in Sri Lanka, executed through a public investments programme (PIP)? Take for instance the Chinese funded Norochcholai coal fired power plant, built after obtaining a commercial loan from China, and its subsequent breakdowns resulting in power cuts that will stifle growth and earnings, on top of ...

Receipt of aid, both in the form of grant aid and concessional aid, like in the good old days, would give an impetus to development. When there are roads, power plants and power connections, water supply and sewerage facilities and such like built, that would also give a fillip to investments and therewith job creation ...

Below is an interview with Ambassador Dayan Jayatilleke published in the French Diplomatic Review – La Lettre Diplomatique (The Diplomatic Letter) Two years after the end of a three decades conflict, the lifting of the emergency rule in late August 2011 confirmed the beginning of a new era for Sri Lanka. With the recent discovery of ...

By Dr. S. Narapalasingam The current moves of the powerful government in post-war Sri Lanka are mainly for sustaining the wartime military strength, preventing the resurrection of the smashed LTTE and developing the infrastructures, notably the roads and rail network,...