It will not draw last tranche of US$800mil due to high interest rate by the global lender Sri Lanka, which is locked in a row with the International Monetary Fund over its exchange rate policy, will not draw the remaining US$800mil of a US$2.6bil loan from the global lender due

By S. V. Kirubaharan - in France Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly, and applying the wrong remedies.” — Julius Henry, Groucho Marx, American comedian and film star (1890-1977). When life is smooth and everything goes in the right direction, normal civilians can become President, Prime Minister ...

by Darini Rajasingham Senanayake On 4 February, Sri Lanka celebrated its 63rd birthday. After nearly three decades of armed conflict, it is now one of Southasia’s calmest and fastest-growing countries. Its social indicators, apart from the northeast zone, remain the...

China's recent passive-aggressive behavior on the world stage is unfortunate but not unexpected. President Obama is handling the PRC's non-collaboration with great skill and savvy. He realizes the Middle Kingdom's ancient cultural imperatives and contemporary geo-political objectives dictate a balance of caution and steely firmness. If he stays the course, push-me-pull-you tension bet...

by Bob Rae Excerpted with permission from Exporting Democracy: The Risks and Rewards of Pursuing a Good Idea, by Bob Rae, published in 2010 by Mc-Clelland & Stewart. Bob Rae MP, Liberal opposition's foreign affairs critic ~ pic: Western Law...

by Rick Westhead Toronto Star, South Asia Bureau TRINCOMALEE, SRI LANKA—The weathered wooden bench that serves as an open-air confessional booth at Our Lady of Guadalupe Catholic Church doesn’t enjoy much down time nowadays. It’s not that more people are...