@2022 - All Right Reserved. Designed and Developed by Rev-Creations, Inc
235 results found in 2438 ms
Page 3 of 8
Japan welcomed the coordinated debt restructuring program for Sri Lanka. Finance Minister Shunichi Suzuki acknowledged the higher risks faced by low- and middle-income nations concerning debt vulnerabilities amid the COVID-19 pandemic and Russia’s invasion of Ukraine. He welcomed the recent launch of a coordinated debt restructuring program for the bilateral creditors of crisis-hit Sri Lanka...
[…]The post Is It 1848 Again? Unrest This Time Is Global appeared first on Colombo Telegraph.
[…]The post Sri Lanka Is Still In Deep Trouble, With Or Without Ranil appeared first on Colombo Telegraph.
[…]The post Four Popular Fallacies Relating To Central Banking appeared first on Colombo Telegraph.
While the days of good news are going on for India, the latest good news is that our country’s currency, the rupee, is gradually making its place and influence among countries of the world. Seeing the increasing role of India in international trade, the countries of the world are coming forward to do financial transactions […]
The UK is set to be one of the worst performing major economies in the world this year, according to the International Monetary Fund (IMF). It says the UK economy’s performance in 2023 will be the worst among the 20 biggest economies, known as the G20, which includes sanctions-hit Russia. The IMF predicts the UK […]
[…]The post Threats To The Hegemony Of The US Dollar appeared first on Colombo Telegraph.
[…]The post IMF Bailout: Why This Concern About Good Governance, Anti-Corruption Laws & An Independent Central Bank? appeared first on Colombo Telegraph.
Sri Lanka in the throes of the worst economic crisis since Independence has resorted to some desperate action; it has for the first time in its history declared bankruptcy, suspended debt repayment, secured an IMF bailout for the 17th time, and agreed to extremely stringent loan conditions, which have already caused social unrest with people […]
Sri Lankan President Ranil Wickremesinghe emphasized during an interview organized by Harvard University on the 24th, through Zoom technology, that Sri Lanka’s access to the growing Indian and African markets should not be disrupted by any big power rivalry or conflictThe post Sri Lanka’s access to growing Indian & African markets cannot be disrupted – President Ranil appeared fir...
[…]The post President Joe Biden’s Headaches; Economic, Political & Social appeared first on Colombo Telegraph.
[…]The post Conflict Resolution Might Be The Way Out? appeared first on Colombo Telegraph.
[…]The post To Be Or Not To Be (A US Military Base) appeared first on Colombo Telegraph.
It is welcome news for progressive opinion in the global South that some seven countries, thus far seen as having been among the poorest countries of the world, would be ‘graduating’ out of the Least Developing Country (LDC) category. Among them are; Bhutan, Bangladesh, Laos, Nepal and Angola. Hopefully, development researchers the world over would […]
The Russian Foreign Ministry said in a statement that the G20 is destabilized by the collective West and is used in an anti-Russian, purely confrontational manner. The United States, the EU and the G7 continue their attempts to isolate Russia and shift the blame for the provoked problems in international security and the global economy […]
[…]The post Sri Lanka’s Asian Heritage appeared first on Colombo Telegraph.
There are some disagreements over restructuring debt for distressed economies, the chief of the International Monetary Fund said on Saturday on the sidelines of a G20 meeting, adding that banning private cryptocurrencies should be an option.The post IMF flags debt restructuring hurdles, says banning crypto should be an option appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - O...
Andy Murray continued his eventful start to the season with a notable win over Germany’s Alexander Zverev to put him into the Qatar Open quarter-finals. Britain’s Murray, 35, dug deep into his physical and mental reserves yet again to win 7-6 (7-5) 2-6 7-5 after an absorbing three-hour match in Doha. “I managed to stay […]
[…]The post Alternatives To The IMF & The Future Of The Welfare State: Beyond The Blame Game Between Superpowers appeared first on Colombo Telegraph.
Officials from China, India, Saudi Arabia and Group of Seven nations will participate in a first virtual meeting of a new sovereign debt roundtable on Friday, the International Monetary Fund said on Monday, confirming an earlier Reuters report.The post China, U.S. to participate in first meeting of new debt roundtable on February 17 appeared first on Sri Lanka News - Latest Breaking News in Sri La...
Sri Lanka is to attend a virtual meeting of a new sovereign debt roundtable meeting led by the International Monetary Fund (IMF) the World Bank and India. Officials from China, India, Saudi Arabia and Group of Seven wealthy nations will participate in the meeting on Friday, Reuters reported. The roundtable will include officials from countries […]
USD 3 mn Japanese grant attached to ongoing project By Shamindra Ferdinando An agreement on the much advertised cash assistance, provided exclusively to paddy farmers by the Wickremesinghe-Rajapaksa government, was finalised several weeks before then President Gotabaya Rajapaksa stepped down on July 14, 2022 amidst violent protests. The Asian Development Bank (ADB) has provided the […]
The World Bank slashed its 2023 growth forecasts on Tuesday to levels teetering on the brink of recession for many countries as the impact of central bank rate hikes intensifies, Russia s war in Ukraine continues, and the world s major economic engines sputter.
[…]The post The Case For (And Against) Anura Kumara Dissanayake appeared first on Colombo Telegraph.
[…]The post Prospects For Global Capitalism: 2023 & After appeared first on Colombo Telegraph.
[…]The post Gota Back In The USA & A Chilling Killing: Welcome To 2023 A (Virtual) Realty In A Post-Truth World appeared first on Colombo Telegraph.
[…]The post Where Are We Heading In 2023? appeared first on Colombo Telegraph.
By Dr Laksiri Fernando One mistake we normally make in analysing the situation or crisis in Sri Lanka is to do it in isolation. Sri Lanka is unfortunately only a part of a world system. Although this situation is valid to almost all other countries, smaller or weaker a country, larger are the effects of […]
Pakistan is making efforts to find a new energy alliance to ensure an uninterrupted energy supply to households and industries, Geo-Politik reported. Pakistan is trying to diversify its energy sources for tackling the energy crisis. A delegation of Pakistani ministers, including the Minister of State (Petroleum Division) Musadik Masood Malik travelled to Kazakhstan from November […]
State Bank India (SBI) will start overseas trade in rupee with smaller countries like Mauritius and Sri Lanka to steer clear of any transactions with Russia which carries the risk of sanctions by the West. “As far as rupee trade with smaller nations is concerned, the RBI has allowed opening of six special vostro accounts with three Indian lenders” […]