[An article based on the Keynote Address delivered by Dr. P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, recently at the Annual Research Symposium 2023 of the University of Colombo] Introduction Inflation affects every aspect of our lives; it is a force that shapes our purchasing power, influences our financial decisions, and […]

By Uditha Devapriya On Tuesday, December 12, the UN General Assembly passed a resolution demanding a humanitarian ceasefire in Gaza. The United States was one of 10 countries to oppose, the others including Guatemala, Nauru, and Paraguay, and of course Israel. New Zealand, Canada, and Australia were among the 153 countries to vote in favour, […]

European Union leaders agreed to open membership talks with Ukraine even as it continues to fight Russia s invasion, but they could not agree on a 50 billion euro package of financial aid for Kyiv due to opposition from Hungary.

Russian President Vladimir Putin has told Russians that peace with Ukraine will only take place Âwhen we achieve our objectivesÂ.

The US House of Representatives has voted to formalise its impeachment inquiry into President Joe Biden. Lawmakers voted along party lines to back a resolution that Republicans say will give them more power to gather evidence and enforce legal demands. Three Republican-led House committees allege bribery and corruption during Mr Biden’s tenure as vice-president but […]

Mr Zelensky’s third visit to the US since Russia’s 2022 […]

The International Olympic Committee (IOC) has given the green light to the participation of Russian and Belarusian athletes in the games next year as neutrals, drawing the ire of Ukrainian officials. Russian and Bellarusian athletes who qualify in their sport for the Paris 2024 Olympics will be able to take part without flags, emblems or […]

Russian President Vladimir Putin has said he will stand again for a fifth term in office. He announced it at an awards ceremony for participants of the full-scale war he launched against Ukraine in 2022. It comes a day after election officials set 15-17 March 2024 as dates for the presidential election. The re-election of  […]

Russia’s upper house of parliament has voted to set the date for the country’s next presidential election for March 17, 2024, potentially moving President Vladimir Putin closer to a fifth term in office. Members of the Federation Council of the Federal Assembly voted unanimously on Thursday to approve a decree setting the date. “With this […]

Russian President Vladimir Putin is making a rare trip abroad to the United Arab Emirates (UAE) and is also scheduled to travel to Saudi Arabia. President Putin is expected to discuss the wars in Gaza and Ukraine, as well as oil production, with the UAE president.  The UAE is currently hosting the COP28 UN climate […]

Russian President Vladimir Putin, staking out a more influential role in the Middle East, will visit the United Arab Emirates and Saudi Arabia today (06), and host Iranian President Ebrahim Raisi in Moscow the following day. The talks will focus on bilateral relations and the Israel-Hamas war, Kremlin spokesman Dmitry Peskov said on Tuesday. Peskov […]

Meta has removed nearly 4,800 fake accounts that were part of a China-based influence campaign aimed at spreading polarising content about United States politics ahead of the 2024 presidential election, the tech giant has announced. The influence operation was one of two China-based campaigns detected by Meta, which owns Facebook and Instagram, in the third […]

US President Joe Biden and Chinese President Xi Jinping have concluded more than four hours of talks with a commitment to stabilise strained bilateral ties and restore some military-to-military communications. The two leaders met on Wednesday for the first time in a year at Fioli Estate, a country retreat about 40 kilometres (25 miles) south […]

The United States on Thursday imposed sweeping new measures against Moscow over the war in Ukraine, targeting Russia s future energy capabilities, sanctions evasion and a suicide drone that has been a menace to Ukrainian troops and equipment, among others, in sanctions on hundreds of people

by Vijaya Chandrasoma War does not determine who is right. Only who is left. Bertrand Russel Saturday, October 7, 2023 was yet another Day that will live in Infamy, like December 7, 1941, when US President Roosevelt coined the phrase after the Japanese bombed Pearl Harbor, which paved the way for America’s involvement in World […]

US President Joe Biden will visit Israel on Wednesday to be briefed on its plans for war against Hamas militants. The announcement that President Biden will visit Israel was made at the US embassy in Jerusalem after a marathon seven hour meeting between top US diplomat Antony Blinken and PM Netanyahu on Monday. Biden will […]

Poland elects a new parliament this weekend after a bitterly fought campaign that has seen each side paint the other аs a dire, national threat. The governing, right-wing Law and Justice party, or PiS, is battling to secure a record third term in office. It says the opposition would weaken Poland with mass migration and […]

The International Olympic Committee’s executive board has suspended the Russian Olympic Committee “with immediate effect until further notice”. The move comes after the ROC recognised regional organisations from four Ukrainian territories illegally annexed by Russia

Oil prices have jumped on concerns that the situation in Israel and Gaza could disrupt output from the Middle East. Brent crude, the international benchmark, climbed by $2.25 a barrel to $86.83, while US prices also rose. Israel and Palestinian territories are not oil producers but the Middle Eastern region accounts for almost a third […]

The United States said it was “disturbed” by a Russian envoy’s announcement that Moscow will reverse its ratification of a 1996 treaty that banned the testing of nuclear weapons. Russia’s envoy to the Comprehensive Nuclear-Test-Ban Treaty Organization (CTBTO), Mikhail Ulyanov, said on Friday that Moscow will revoke its ratification of the pact. The announcement by Ulyanov […]