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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 […]
International Monetary Fund (IMF) Managing Director Kristalina Georgieva says the economic crisis in Sri Lanka is a warning sign to the rest of the world. Speaking to G20 Finance Ministers and Central Bank Governors in Indonesia today, Georgieva said that the global economic outlook has darkened significantly, and uncertainty is exceptionally high. “Downside risks about […]
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 post Quo Warranto, Mr. Wickremesinghe? appeared first on Colombo Telegraph.
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
Former Chancellor Rishi Sunak has won the first round of voting by MPs to choose the next Conservative leader and prime minister. He got 88 votes, with Trade Minister Penny Mordaunt in second place on 67 and Foreign Secretary Liz Truss third on 50. Chancellor Nadhim Zahawi and former health secretary Jeremy Hunt were eliminated […]
[…]The post Gota-Go-Home Protest Movement In Sri Lanka: An International Comparison appeared first on Colombo Telegraph.
UN Secretary General António Guterres today called for dialogue to “ensure a smooth transition of Government and solutions to the country’s deep economic crisis. President Gotabaya Rajapaksa has yet to comment publicly on the occupation of his residence, along with that of Prime Minister Ranil Wickremesinghe, but the Prime Minister’s office reportedly said it had […]
(Vatican News) Pope Francis on Sunday implored the authorities of Sri Lanka to listen to the cries of their people, suffering under the country’s worst economic crisis in 70 years. “I join in the grief of the people of Sri Lanka, who continue to suffer the effects of political and economic instability,” the pope said […]
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...
Twitter in India banned official accounts of Pakistan Embassies in UN, Turkey, Iran and Egypt. Earlier, Twitter also withheld the account of the national public broadcaster in Pakistan – Radio Pakistan. Twitter blocks the account of Pakistani Embassy in UN. Account of Pakistani Embassy in Turkey is also withheld by Twitter in India. Moreover, Twitter […]
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.
Countries already under pressure from the economic fall-out of the COVID-19 pandemic, risk seeing the same economic turmoil and human misery as Sri Lanka, the UN said. “We’re witnessing a tragic series of events that are unfolding in Sri Lanka right now that should be a warning to anyone who thinks that, you know, it […]
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 […]
India’s External Affairs Minister S. Jaishankar says India is helping Sri Lanka cope with the economic crisis. Jaishankar said that India is paying a lot of attention to South Asia and the neighbouring countries are looking up to it to take lead in the integration of the region. Addressing an event in Delhi, the Minister […]
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 […]
Exports to Russia and Turkey too have dropped steeply
[…]The post Is Catastrophic Collapse Imminent? appeared first on Colombo Telegraph.
At least 21 people, including one child, have died in overnight Russian missile strikes on Ukraine’s southern Odesa region, Ukrainian officials say. The state emergency service, DSNS, says 16 people were killed in a nine-storey building hit by one missile in the village of Serhiyivka. Another five people, including the child, were killed in a […]