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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, [&...
- Sri Lanka turmoil highlights risk for Chinese firms investing overseas (Category: Breaking News)
- Alibaba, HSBC, AIA pace rout in Hong Kong on Taiwan tensions as China promises ‘firm and strong’... (Category: Breaking News)
- China’s dual-use surveillance ship in Sri Lankan port underscores distrust of Beijing’s tech adv... (Category: Breaking News)
- Apple supplier Foxconn’s iPad factory in southwest China halts production for six days amid powe... (Category: Breaking News)
have reduced resilience to external shocks, such as the COVID-19 pandemic, the Russia-Ukraine conflict, high oil...
- Sri Lanka records slight drop in inflation (Category: Breaking News)
- WFP says 6.26 million people in Sri Lanka are food insecure (Category: Breaking News)
- Sri Lanka’s July consumer inflation more than halves to 4.6% (Category: Breaking News)
- China confirms two-year debt moratorium offered to Sri Lanka (Category: Breaking News)
By Saman indrajith The Russian energy company that sent representatives to Sri Lanka recently had presented the government with an MoU, National Freedom Front (NFF) leader, Wimal Weerawansa said in Parliament on Wednesday. If the Wickremesinghe administration was willing to sign the MoU, the Russians would supply fuel to Sri Lanka on credit, Weerawansa said. […]
- Orwellian Isle Ordeals (Category: Breaking News)
- Message from a Cell Death (Category: Breaking News)
- Post-Match Melancholia (Category: Breaking News)
- Empire’s Enchantment (Category: Breaking News)
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 […]
- Over 400 respond (Category: Breaking News)
- IFC to provide $400 million to banks in Sri Lanka (Category: Breaking News)
- $ 400 m IMF lifeline for struggling Sri Lanka (Category: Business)
- IPO To Raise Rs. 400 mn (Category: Breaking News)
[…]The post Is Global Financial Crash Imminent in 2022? appeared first on Colombo Telegraph.
- Tips for business start-ups in 2022 (Category: Breaking News)
- Madame Ambassador Chung, Your Message Will Live On Forever! (Category: Breaking News)
- Prospects For Global Capitalism: 2023 & After (Category: Breaking News)
- Resolving Systemic Debt Crises Needs A Paradigm Shift (Category: Breaking News)
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 […]
- Chinese role in the Sri Lankan crisis (Category: Breaking News)
- China a mute spectator as Sri Lanka’s political upheaval poses long-term implications for Beijing (Category: Breaking News)
- Unelected Team At The BRI Forum: Speaking From Both Sides Of Mouth (Category: Breaking News)
- Sri Lanka should prevent Chinese vessel from reaching Hambantota port (Category: Breaking News)
[…]The post The Destiny Of China’s Colony Of Sri Lanka appeared first on Colombo Telegraph.
- Sri Lanka’s Past Is Prologue For China (Category: Breaking News)
- Postponing Elections & Inviting The Dragon: Sri Lankan President’s China Tilt (Category: Breaking News)
- Why Should The United States Care About Sri Lanka’s Predicament? (Category: Breaking News)
- Modi’s Civilizational Twist To Indo-Lanka Relations (Category: Breaking News)
The Reserve Bank of India (RBI) on Monday decided to put in place an additional arrangement for invoicing, payment, and settlement of exports/ imports in Indian Rupee (INR) in the backdrop of the domestic currency sinking to a fresh closing low of 79.4375 per Dollar (USD) due to FPI equity outflows and a strong USD. […]
- Indian Rupee not a legal tender in Sri Lanka for domestic payments (Category: Breaking News)
- Sri Lanka wants to start rupee trade with India (Category: Breaking News)
- Using the Indian Rupee for economic transactions will have positive impact on the tourism and ho... (Category: Breaking News)
- India approves special ‘vostro’ account for Sri Lanka (Category: Breaking News)
[…]The post Dammika Perera Antics – Only Oligarch In Sri Lanka! appeared first on Colombo Telegraph.
- Shocking & Damaging Performance Of BOI In Front Of COPF: Sack All The BOI Senior Staff To Save T... (Category: Breaking News)
- Good Bye Ranil; “Welcome” President Dulles Alahapperuma (Category: Breaking News)
- A Janus Moment (Category: Breaking News)
- Abolishing The Presidency – Two Cunning Foxes Plan The Unexpected! (Category: Breaking News)
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...
- Sri Lanka has to stop money printing now, not in 2024: Harsha (Category: Breaking News)
- Sri Lanka to end import bans on cosmetics, motor spares: Minister (Category: Breaking News)
- Sri Lanka to enact new central bank law amid fears of flexible policy (Category: Breaking News)
- Lankan workers in Middle East sending money, while more educated do not: Minister (Category: Breaking News)
[…]The post War On China? – V: A “Carnival” Of Quads appeared first on Colombo Telegraph.
- War On China? – VI: India & The US: Forward Policy & The Brzezinskian Project (Category: Breaking News)
- War On China? – II: US Military-Industrial Complex & The War Without End (Category: Breaking News)
- War On China? – III: Pivot To East (Category: Breaking News)
- War On China? – IV: Rules-Based International Order: Normalising Global State Terrorism (Category: Breaking News)
Says economy could contract 7-pct in 2022
- Sri Lanka’s total debt burden Rs 21.6 trillion by March 2022 (Category: Breaking News)
- Once the Parliament approves IMF agreement, the main points will be passed into law – Sri Lanka ... (Category: Breaking News)
- Prez vows to reform loss-making state enterprises, implement new tax regime (Category: Breaking News)
- Sri Lanka receives financial assurance letter from China (Category: Breaking News)
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 […]
- Sri Lanka Prime Minister’s full statement on IMF negotiations (Category: Breaking News)
- Sri Lanka receives financial assurance letter from China (Category: Breaking News)
- President seeks opposition support to implement IMF deal (Category: Breaking News)
- PM warns Sri Lanka facing threat of hitting rock bottom (Category: Breaking News)
Exports to Russia and Turkey too have dropped steeply
- Smallholders target 300 million kilograms of tea this year (Category: Breaking News)
- Iran to buy more Sri Lanka tea (Category: Breaking News)
- Iran to buy more Sri Lanka tea (Category: Breaking News)
- Iran to buy more Sri Lanka tea (Category: Breaking News)
[…]The post Is Catastrophic Collapse Imminent? appeared first on Colombo Telegraph.
- Child’s Guide To How Ranilnomics Should Be Designed & Implemented (Category: Breaking News)
- Looking At The Problem Of The Point Of View Of The State (Category: Breaking News)
- We Are On Course To A Dual Currency Regimen (Category: Breaking News)
- Who Cares About The People? (Category: Breaking News)
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