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New Prime Minister reveals the grim reality of the economy
[…]The post A Prescription For Prime Minister Ranil Wickremesinghe appeared first on Colombo Telegraph.
[…]The post Masks Of Democracy & Energy Geopolitics: Is Full Spectrum Dominance The Endgame? appeared first on Colombo Telegraph.
The 10 independent groups that left the Government when Mahinda Rajapaksa was Prime Minister, have decided to support the new Government to address the current crisis. The decision was taken following talks with Prime Minister Ranil Wickremesinghe today. Wickremesinghe had yesterday written to former Minister Udaya Gammanpila, who is part of the 10 independent groups, seeking […]
Prime Minister Ranil Wickremesinghe has written to former Minister Udaya Gammanpila seeking his support. In a letter to Gammanpila, the Prime Minister said that the call from the public is for a system change. He said that all political parties must come together to help the country recover from its current crisis. The Prime Minister […]
[…]The post System Change Or Systemic Thinking; Wither To Ranil? appeared first on Colombo Telegraph.
[…]The post Whose Saviour Is Ranil? And Who Is Being Clever – Ranil Or Gota? appeared first on Colombo Telegraph.
Opposition Leader Sajith Premadasa has told PM Ranil Wickremesinghe that the Samagi Jana Balawegaya, as a responsible opposition, would support any correct decision taken by the new government, pertaining to the country s economy.
[…]The post Will Ranil Rescue The Economy Or Rajapaksas? appeared first on Colombo Telegraph.
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[…]The post The Story Of The Occasional Cinemagoer: Part II appeared first on Colombo Telegraph.
[…]The post Repercussions Of The Rape Of Sri Lanka appeared first on Colombo Telegraph.
"Every day that passes, the future of this country is put at greater risk."
By Laura He Hong Kong (CNN Business): China’s gigantic services sector just contracted at the second sharpest pace on record as Covid lockdowns hit businesses hard. The Caixin purchasing managers’ index, a closely-watched indicator for assessing the state of the economy, plummeted
Prime Lending Rates top 19 percent in May after rate corrections
“After I speak to [friendly nations], there will be help coming from there. They won’t allow people to starve.”
Lack of parliament majority could drag the new prime minister's economic recovery plans
Sri Lanka's new prime minister has told the BBC an economic crisis that has brought misery and unrest is "going to get worse before it gets better".The post Sri Lanka economy crisis to get worse...Click on the headline to read the full story
Prime Minister Wickremesinghe also met Indian High Commissioner Gopal Bagley Friday morning.
Markers are keenly watching what Wickremesinghe will do to bring down dollars
Sri Lanka shippers asks for international trade not to be disrupted, condemns violence
If there is not enough money the central bank has to monetize it
"My team and I have a clear and effective programme to introduce such constitutional reforms and to manage the crashing"
Delay in forming a new government could hit sentiment, analysts say
Wickremesinghe made PM for the 6th time
Violent clashes across the country started after Rajapaksa supporters unleashed violence against unarmed protesters
India has helped Sri Lanka with nearly 3.5 billion US dollars so far this year.
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 156 pips to 6.7290 against the US dollar Wednesday, according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the yuan is allowed to rise or fall by 2 per cent from the central parity rate each trading […]
