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Unlike the financial crisis of 2008, the economic levers alone were insufficient to stimulate global economic recovery in 2022 as what had led to the current crisis was the consequences of evolving geopolitics, President Ranil Wickremesinghe said on Thursday at the ADB’s 55th annual meeting. “
- A Sri Lankan initiative to meet global challenges (Category: Breaking News)
- RW says great power rivalries and geopolitics emerging threat to Third World (Category: Breaking News)
- Chinese Ambassador outlines numerous benefits reaped by Sri Lanka from BRI (Category: Breaking News)
- Sri Lanka Hones Its Balancing Act (Category: Breaking News)
By ATANU BISWAS Exactly one hundred years ago, in October 1922, Benito Mussolini and his National Fascist Party seized power through the March on Rome (Marcia su Roma) and became Italy’s youngest Prime Minister. A dark period of totalitarian evolution emerged which eventually would spread wings in some other parts of Europe as well. And […]
- Far-right leader Giorgia Meloni to become Italy s first female PM (Category: Breaking News)
- The Maloni factor in Italy and Europe (Category: Breaking News)
- France s Macron beats far-right Le Pen to win second term (Category: Breaking News)
- SLFP EUROPEAN CONFERENCE HELD IN ITALY (Category: Breaking News)
Emphasising the importance of strategic economic ties between India and Saudi Arabia, External Affairs Minister S Jaishankar said on Sunday that the collaboration holds the “promise of shared growth, prosperity, stability, security and development”. Jaishankar, who reached Riyadh on Saturday, is on a three-day visit to Saudi Arabia – his first as External Affairs Minister. He […]
- Foreign Minister to have talks in Saudi Arabia (Category: Breaking News)
- India’s prudence towards Sri Lanka further consolidates the “neighbourhood first” policy of Prim... (Category: Breaking News)
- India ready to assist Sri Lanka secure IMF deal (Category: Breaking News)
- Sabry denies allegations of busting millions on overseas visits (Category: Breaking News)
[…]The post How We Came To This Pass – The Aragalaya Challenge appeared first on Colombo Telegraph.
- How We Came To This Pass – On The “Non-Rule Of Law System” (Category: Breaking News)
- How We Came To This Pass: A Quest For Scapegoats (Category: Breaking News)
- How We Came To This Pass – Waiting On IMF (Category: Breaking News)
- Anniversary Angst (Category: Breaking News)
Wickremesinghe says Sri Lanka is taking some painful reforms to come out of economic crisis
- Economic levers alone not sufficient to stimulate global economic recovery – President (Category: Breaking News)
- Non-aligned nations, once perceived as weak states, have evolved beyond that characterization -P... (Category: Breaking News)
- Sri Lanka appeals to creditors for help (Category: Breaking News)
- Central Bank’s Check List for 2012 and beyond (Category: Business)
By Michael Kugelman, Pakistan’s Polarization Undermines Crisis Response As world leaders gathered at the United Nations General Assembly this week, the organization estimated that Pakistan’s catastrophic floods have now displaced nearly 8 million people. A health crisis looms: Floodwaters
- Video: HIRU THANIWELA EP 400 (Category: Video)
- Video: CoL has increased by 400 percent - Maithri (Category: Video)
- Rajitha says families suffering from food insecurity has jumped by 400% (Category: Breaking News)
- $400 a week - for a bedroom (Category: South Australia)
Series of crises SL has faced have dealt a heavy blow Reviving presents SL with an opportunity to address its long-running challenges by Sanath Nanayakkare Young people are not only the present but also the future; developing plans and policies without them is a futile exercise, they need to be the front and centre of […]
- Browns Hotels & Resorts celebrates World Tourism Day with an insightful forum (Category: Breaking News)
- Government and UNDP map out SDG investment for private sector to support recovery (Category: Breaking News)
- UNDP, EU assistance to equip tourism industry for sustainable future (Category: Breaking News)
- EU hosts the first ever “Team Europe BIOthlon” in Kalpitiya (Category: Breaking News)
[…]The post HSZ Symbolizes Increasing Economic Insecurity appeared first on Colombo Telegraph.
- RW, Debt Restructuring & DFNS (Category: Breaking News)
- Aragalaya’s Unfinished Business (Category: Breaking News)
- Ranil’s Budget Crisis & Ibn Khaldun (Category: Breaking News)
- Ranil’s Debt Driven Growth Strategy (Category: Breaking News)
The British pound has fallen to a record low on Monday against the dollar and other currencies as markets react to the UK government’s biggest tax cuts in 50 years.The post British Pound hits record low against the dollar after tax cut plans appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- UK PM Liz Truss makes surprise U-turn on widely panned tax cut (Category: Breaking News)
- Tea export earnings down 5% in dollar terms, but hit record-high in rupee terms amid sharp depre... (Category: Breaking News)
- UK scraps tax cut for wealthy that sparked market turmoil (Category: Breaking News)
- Sri Lankan Rupee further depreciates against U.S. Dollar (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)
Chinese FM Wang Yi calls on Russia and Ukraine to ‘keep the crisis from spilling over’ and from affecting developing countries. (Al Jazeera) China and India have called for a negotiated end to the Ukraine war at the United Nations, stopping well short of robust support for traditional ally
- EU pledges $10bn investment in Southeast Asia during ASEAN summit (Category: Breaking News)
- CP frowns on govt.’s handling of Chinese ship issue (Category: Breaking News)
- China refuses to condemn Russia’s Ukraine invasion during G20 deadlock (Category: Breaking News)
- Lanka forced to walk tight rope (Category: Breaking News)
Climate change has become the primary challenge of the 21st century. Now that “net zero” goals for carbon emission have gained near-universal acceptance, they will begin to drive transformational economic change through massive waves of investment. Change will sweep across virtually every major industry and activity (from energy to transport, and construction to heavy industry), […]
- Act on Climate Change to be submitted to Parliament (Category: Breaking News)
- UK PM urges Ranil to change approach on human rights issue (Category: Breaking News)
- US hopeful after China agrees to restructure Sri Lanka’s debt (Category: Breaking News)
- Sri Lanka appeals to creditors for help (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)
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)
The United Nations food chief has warned the world is facing “a global emergency of unprecedented magnitude” with up to 345 million people marching towards starvation – and 70 million pushed closer to starvation by the war in Ukraine.David Beasley, Executive Director of the UN World Food Programme, told the UN Security Council on Thursday […]
- Famine looming over South but no abatement of big power tensions (Category: Breaking News)
- More than 6 million Sri Lankans facing food insecurity- UN (Category: Breaking News)
- WFP says three in 10 Sri Lankans are food insecure (Category: Breaking News)
- Rajitha says families suffering from food insecurity has jumped by 400% (Category: Breaking News)
A food crisis in Sri Lanka looms as the island nation faces its worst economic disaster in decades. With food price inflation higher than 90%, even staples like rice have become almost unaffordable for many Sri Lankans. The World Food Programme (WFP) estimates that about 30% of the population
- Sri Lanka urges farmers to plant more rice amid crisis (Category: Breaking News)
- Sri Lanka to introduce anti-hoarding laws for food stocks – PM (Category: Breaking News)
- FAO to provide Urea, cash for crisis-hit Sri Lankan small-hold farmers (Category: Breaking News)
- As Crisis-Hit Sri Lanka Counts Cost of Chinese Projects, India Moves to Recover Influence (Category: Breaking News)
USAID Administrator Samantha Power today announced an additional $40 million in development assistance to Sri Lanka to help farmers purchase fertilizer and other vital agricultural inputs. Power, who is currently in Sri Lanka, made the announcement after meeting farmers and discussing their issues. This assistance will support Sri Lankans as they come out of a […]
- Samantha Power to visit Sri Lanka to discuss crisis (Category: Breaking News)
- Samantha Power notes unrest forced GR to flee Sri Lanka (Category: Breaking News)
- Samantha Power assures Ranil USAID support (Category: Breaking News)
- Power to raise human rights issue during Sri Lanka visit (Category: Breaking News)
Islamabad, Pakistan– United Nations Secretary-General Antonio Guterres has appealed for “massive” global support for Pakistan where unprecedented floods have killed nearly 1,400 people and displaced more than 33 million.Guterres made the appeal as he landed in the Pakistani capital early on Friday morning and was received by Hina Rabbani Khar, the state minister for foreign […]
- Children in South Asia including SL most likely to face water scarcity problems: UN (Category: Breaking News)
- Historic ‘loss and damage’ fund adopted at COP27 climate summit (Category: Breaking News)
- Writing on the wall for South Asia from climate change, several studies point out (Category: Breaking News)
- World Bank chief Malpass faces calls to quit after dodging questions on climate change (Category: Breaking News)
[…]The post Adopting A Humanist Approach To Empower Youths For National Development appeared first on Colombo Telegraph.
- The Police & Aragalaya Activists In A Time Of Social Upheaval (Category: Breaking News)
- Government’s Attempt To Redefine The Political Discourse & Direction Through Suppression (Category: Breaking News)
- Privatisation Of Public Assets Under Neoliberal Corporate Capitalism: Modern Evil (Category: Breaking News)
- What Is To Be Done? – Anura Kumara Dissanayake (Category: Breaking News)
For the first time in parliamentary history, the Central Bank of Sri Lanka has issued a dire warning to Parliament and political parties therein over the responsibility on their part to ensure financial stability and discipline. Their failure to do so would trigger public protests again, they were told. There hadn’t been such a public […]
- All praise for Lanka’s saviours! (Category: Breaking News)
- Shocking claim in House: Bandula reveals how sugar importers, their henchmen trapped Prez (Category: Breaking News)
- Herath: COPE dissolution must not hinder probe into economic crisis (Category: Breaking News)
- The fall of Pohottuwa govt. (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)
Sri Lanka’s former president, Gotabaya Rajapaksa, who fled the country in July after tens of thousands of protesters stormed his home and office in a display of anger over the country’s economic crisis, has returned to the country after seven weeks.The post Sri Lanka’s ousted president
- Sri Lanka’s ruling party asks new president to help with ex-leader Rajapaksa’s return (Category: Breaking News)
- Gotabaya Rajapaksa will return to Sri Lanka (Category: Breaking News)
- Sri Lanka’s ousted president expected to go to Thailand (Category: Breaking News)
- Gotabaya Rajapaksa concludes holiday in Dubai and returns to Sri Lanka (Category: Breaking News)
The World Food Programme (WFP) says 6.3 million people or three in 10 Sri Lankans today are facing food insecurity.The post Three in 10 Sri Lankans are food insecure – World Food Programme appeared first on ONLANKA News - Latest Breaking News in Sri Lanka - Sri Lanka News.
- WFP says three in 10 Sri Lankans are food insecure (Category: Breaking News)
- Japan provides additional US$ 6.6 million for food and nutrition in Sri Lanka (Category: Breaking News)
- Food insecurity in Sri Lanka remains at concerning levels – WFP (Category: Breaking News)
- World Food Program Executive Board approves Sri Lanka’s Country Strategic Plan (Category: Breaking News)
[…]The post Sri Lankan Forces To Be Trained In Modern Day Warfare: President appeared first on Colombo Telegraph.
- Security Forces Committed To Uphold The Country’s Sovereignty: President – A Point Of View (Category: Breaking News)
- Towards A World Without Armies & Wars (Category: Breaking News)
- King Ravana: MPs Propose International Investigation – A Response (Category: Breaking News)
- President Says ‘Raising Direct Taxes Inevitable To Reach IMF Goals’ – A Response (Category: Breaking News)
Thursday 1st September, 2022 There is absolutely no need for aliens to take the trouble of undertaking intergalactic missions to destroy this planet. The so-called big powers vying for global dominance are already at it, and the signs are that they will succeed in their endeavour. The entire world is reeling from the war in […]
- Ukraine war: Russia wants to destroy Europeans’ normal life, Zelensky warns (Category: Breaking News)
- COP27: Russian invasion of Ukraine released 8 mn MT of carbon till September – report (Category: Breaking News)
- Proxy wars make unsettling comeback (Category: Breaking News)
- Fears of Europe-wide war rekindled as Finland joins NATO (Category: Breaking News)
By Shamindra Ferdinando The Sri Lanka Institute of Directors (SLID) and Transparency International Sri Lanka (TISL) recently declared corruption as the root cause of Sri Lanka’s current political and economic crisis. The declaration was made in a statement titled, “SLID and TISL launch
- Of Elections, Bond Scams & Money Politics: The Anatomy Of Default @75 (Category: Breaking News)
- Treasury bond scams: SJB drags Lotus Tower into ‘conflict’ as SLPP attacks ‘footnote’ gang (Category: Breaking News)
- Massive Corruption Scams Rock The Land Of The Mahatma (Category: Breaking News)
- Sri Lanka accelerates financial literacy drive amid scams (Category: Breaking News)
For the international community, these ought to be particularly anxious times. Not only are East-West polarities widening; they are taking on new military dimensions that could render the world an increasingly dangerous place to live in, unless contained swiftly. In Eastern Europe, for example, things could only get worse. The Russian ‘special military operation’ in […]
- North-South links firming in face of Chinese challenge (Category: Breaking News)
- Proxy wars make unsettling comeback (Category: Breaking News)
- ‘Containment Theory’ returns to West’s ties with East (Category: Breaking News)
- Taiwan in the eye of worsening East-West tensions (Category: Breaking News)
Sri Lanka is among the top 10 countries with the highest food price inflation. The latest World Bank assessment places Sri Lanka at number 5 among countries hardest hit by food price inflation. Lebanon is leading the list followed by Zimbabwe, Venezuela and Turkey. Iran, Argentina, Suriname, Ethiopia, and Moldova and behind Sri Lanka. The […]
- Sri Lanka records slight drop in inflation (Category: Breaking News)
- Sri Lanka’s July consumer inflation more than halves to 4.6% (Category: Breaking News)
- Sri Lanka still among 10 countries with highest food price inflation (Category: Breaking News)
- Emergency relief packages for children, mothers in Sri Lanka (Category: Breaking News)
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