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Millions of Sri Lankans are anxiously waiting to see what actions will be taken to make life bearable again. If we follow the example of successful countries, we see how they have exploited their opportunities, and used the wealth created, not to import cars and go on luxury trips abroad, but to re-invest the money […]
A year before Britain handed Hong Kong to China, then-President Jiang Zemin hailed the “one country, two systems” plan for the city as a model for the country to one day unify with Taiwan. Taiwan would get “a high degree of autonomy” — the same pledge China used for Hong Kong — while keeping legislative […]
US Secretary of State Antony Blinken says that Russia s restriction on Ukrainian grain exports may have contributed to Sri Lanka s turmoil and voiced fear it could spur other crises.
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.
with the Russian President. “Had a very productive telecon with the #Russia President, […]
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 […]
Chinese Foreign Minister Wang Yi will travel to Myanmar this weekend for a regional meeting in what will be Beijing’s highest-profile visit since the military seized power. Wang will attend a foreign ministers’ meeting of the Lancang-Mekong Cooperation mechanism in the UNESCO World Heritage town Bagan in Mandalay Region. The Chinese foreign minister’s visit comes […]
President Gotabaya Rajapaksa spoke to Russian President Vladimir Putin today and sought credit to obtain fuel. The President tweeted saying he had a very productive telephone conversation with the Russian President. “Had a very productive telecon with the #Russia President, Vladimir Putin
Sri Lanka is desperate for fuel and has been requesting for help from many countries.
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 […]
Sri Lanka's action on Aeroflot hurt Russia - govt officials
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 […]