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Taiwan’s Defence Minister Chiu Kuo-chang expressed concern that China’s People’s Liberation Army (PLA) would have the ‘complete capability’ to attack Taiwan by 2025. The Minister expressed concern while also highlighted sanctions as the means to deter aggression during a virtual seminar titled “Taiwan: is it key to the continuing world order?” organised by The Democracy […]
The widely acclaimed globalisation of the post-Cold-War era is now running in reverse. A protracted slowdown in global trade has been reinforced by persistent pandemic-related supply chain disruptions, ongoing pressures of the US-China trade war and efforts to align cross-border economic ties with geostrategic alliances, known as “friend-shoring”. These developments raise the pressure on China, [&...
Ukraine’s President Volodymyr Zelensky has ordered all civilians still living in parts of eastern Donetsk region under Ukrainian control to evacuate. Speaking during a late-night address from Kyiv, Mr Zelensky warned of an intensification of fighting. “The more people leave Donetsk region now, the fewer people the Russian army will have time to kill,” he […]
Developments in Sri Lanka underline the risk of destabilising social and labour unrest throughout Asia-Pacific because of rising living costs impacting the region, S&P Global Market Intelligence said. Countries with similarly weak economic fundamentals and/ or poor economic policies have reduced resilience to external shocks, such as the COVID-19 pandemic, the Russia-Ukraine conflict, high oil...
The head of the U.S. government aid agency called on China on Wednesday to help Sri Lanka and other nations that had borrowed heavily from Beijing with debt restructuring, not just with lines of credit and emergency loans.The post USAID chief calls on China to restructure Sri Lanka’s debt appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
The world has just been given a grim reminder of the mind-numbing costs of legitimate political dissent against state repression in Myanmar. The country’s military rulers have had no qualms about executing four pro-democracy activists, including well known political activist Kyaw Min Yu and former legislator Pho Zayar Thaw. Besides being made to witness absolute […]
A convergence of interests (read: opposition to the U.S.) is bringing Iran, China and Russia closer together than ever. As their relations with the West deteriorate, Russia and China are seeking to rewire global power flows in ways that will work to their advantage. Iran’s integration into the China–Russia Eurasian architecture is as complicated as […]
Hambantota in southern Sri Lanka housed ousted President Gotabaya Rajapaksa following the recent crisis, until he was forced to flee the country entirely. That continues a trend of the city, and especially its strategic deep-sea port, being in the news for all the wrong reasons. In 2017, when Sri Lanka found itself struggling to make […]
The Indian economy is on course to achieve projected 8-8.5 per cent growth based on high-frequency indicators for the first quarter of the FY 2022-23, the Finance Ministry said on 19 July. Earlier on 31 January, the Economic Survey tabled in the Parliament projected the real GDP during 2022-23 to grow at 8.0-8.5 per cent. […]
[…]The post Is Global Financial Crash Imminent in 2022? appeared first on Colombo Telegraph.
Bangladesh Prime Minister Sheikh Hasina has lambasted those who are making wholesale criticism that Bangladesh will face the same situation like that of Sri Lanka. They are making the comments without realising the global context under the fallout of the Covid-19 and Russia-Ukraine War, the Daily Star quoted her as saying. “Let them say that […]
Poland, in March, proposed transferring MiG-29 aircraft to Ukraine, however the Pentagon rejected the offer, calling it “high risk.” ANI:As the Ukraine-Russia war is set to enter its fifth month, the US is mulling increasing its military aid to the Eastern European country and in the latest announcement by the White House, Pentagon is now […]
[…]The post 39 Years After Black July, It Is Time For Tamil Eelam: Preparing For A Unilateral Declaration Of Independence appeared first on Colombo Telegraph.
Russia plans to annex more Ukrainian territory using a similar “playbook” to its takeover of Crimea, the US says. Citing US intelligence, National Security Council spokesman John Kirby said Russia is already laying the groundwork for annexation. Occupied regions of Ukraine could hold “sham” referenda on joining Russia as soon as September, he said. Russia […]
By Michael Schuman Beijing has for years been chipping away at the pillars of the U.S.-led global order—subverting its foundational institutions, international norms, and liberal ideals—but Chinese President Xi Jinping had not offered a comprehensive vision of how a China-led replacement might work. That is changing. Xi has collected his ideas for a new world […]
Sri Lanka’s Acting President Ranil Wickremesinghe says that the issues which prevail in Sri Lanka with regard to hunger, are man made.The post The food crisis in Sri Lanka is man made, Acting President Ranil tells Global Forum appeared first on ONLANKA News - Sri Lanka News - Latest News Sri Lanka - Breaking News from Sri Lanka.
(Al Jazeera) Taking a more aggressive stance in the ongoing Ukraine invasion, Russian Defence Minister Sergei Shoigu has ordered his forces to intensify attacks “in all operational sectors” of the war.On Saturday, Shoigu ordered the military units to intensify their operations to thwart Ukrainian shillings in civilian areas of eastern Ukraine and in Russian-occupied territories. [̷...
In the midst of the unfolding crisis in Sri Lanka and its economic and political collapse, it has been forgotten that China is complicit in creating the present unrest. This fact needs to be recognized within Sri Lanka, where the people have taken it upon themselves to ‘reform’ the political system. While their mission is […]
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 […]
The Modi government is giving a renewed push to conclude some of the pending UPA-era free trade agreements (FTAs) and even clinch some new ones. The aim is to achieve the $2 trillion export target by 2030, and address disruptions in global supply chains created by the pandemic and the ongoing Russia-Ukraine war. In its first tenure […]
(NDTV); Ukrainian President Zelensky says that several countries experiencing food and fuel shortages due to the disruption in the supply chain have benefitted Russia’s agenda. Basically, the Ukrainian President Zelensky blamed Russia for causing unrest in Sri Lanka as well as around the world due to the blocking of food products during the invasion of […]Russia “Responsible̶...
Beijing [China], July 7 (ANI):Amid escalations by Chinese military aggression in the South China Sea, countries like Japan, South Korea, Australia and Singapore are all increasing their military budgets and spending as a response to the aggression they have experienced from China. People in Japan have already expressed their displeasure over China making claims on […]
Ukrainian President Volodymyr Zelensky blamed Russia for causing unrest in Sri Lanka as well as around the world due to the blocking of food products during the invasion of Ukraine.
It is important to anticipate legal trends, anticipate consumer trends
ECONOMYNEXT –Sri Lanka should stop money printing earlier than indicated in a statement by Prime Minister Ranil Wickremesinghe, opposition legislator Harsha de Silva said, though legislators have already given extensive powers to the agency engage in liquidity injections. “Prime Minister Ranil Wickremesinghe talked about money printing,” de Silva told parliament. “He said, the in...
Russian missile and rocket strikes have caused more widespread damage in towns and cities across eastern and southern Ukraine, regional officials say. Four civilians died in a strike on Siversk, a town in Donetsk region, local governor Pavlo Kyrylenko said. Civilian areas of Druzhkivka, in the same region, were also hit. A supermarket was destroyed […]
[…]The post War On China? – V: A “Carnival” Of Quads appeared first on Colombo Telegraph.
The heads of UK and US security services have made an unprecedented joint appearance to warn of the threat from China. FBI director Christopher Wray said China was the “biggest long-term threat to our economic and national security” and had interfered in politics, including recent elections. MI5 head Ken McCallum said his service had more […]
Says economy could contract 7-pct in 2022
Sri Lanka’s total debt burden increased to Rs 21.6 trillion by March 2022, Prime Minister Ranil Wickremesinghe told Parliament today. He said that Sri Lanka needs to pay $3.4 billion between June and December this year, $5.8 billion in 2023, $4.9 billion in 2024, $6.2 billion in 2025, $4.0 billion in 2026 and $4.3 billion […]