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[…]The post Indian-Israeli Involvement In Sri Lanka Is A Disaster appeared first on Colombo Telegraph.
[…]The post Bloodbath In The Politburo appeared first on Colombo Telegraph.
The shrinking value of the currencies of most developing economies is driving up food and fuel prices in ways that could deepen the food and energy crises that many of them already face, according to the World Bank’s latest Commodity Markets Outlook report.The post Currency depreciations risk intensifying global food, energy crisis – World Bank appeared first on Sri Lanka News - Latest Break...
Former President Maithripala Sirisena said on Sunday that the ongoing crisis in the country had been aggravated by the absence of a friendly foreign policy. Addressing a public rally in Polonnaruwa, Sirise-na said that a friendly foreign policy had existed during his tenure. He added that the decisions made during the last three years had […]
India’s Union Minister of State for Defence and Tourism Ajay Bhatt says Sri Lanka was in such a bad economic crisis that its security forces were unable to pay the nominal fees for training exercises in India. Bhatt, who was speaking at a session on ‘AatmaNirbharta in Defence R&D – Synergistic Approach’ at the DefExpo […]
Emphasising on the need to attain self-reliance, India’s Minister of State for Defence and Tourism Ajay Bhatt said Sri Lanka was in such a bad economic crisis that its security forces were unable to pay the nominal fees for training exercises in India.The post Sri Lankan security forces couldn’t pay training fees to India: MoS Defence appeared first on Sri Lanka News - Latest Breaking News in Sri ...
Investors are waiting for directions from budget policies - analysts
[…]The post ‘Make The Economy Scream’: Whither The Asian 21st Century? appeared first on Colombo Telegraph.
Sri Lanka’s internet freedom declined during the period of June 2021 to May 2022 due to Government attempts to repress online activities related to protests around the economic crisis, the Freedom on the Net report 2022 said. Prolonged powercuts in the early part of the year also impacted connectivity. In April 2022, the Government briefly […]
The Embassy of Sri Lanka in Moscow has secured a long-term Credit Line from the Government of the Russian Federation in order to procure fuel to Sri Lanka, the embassy said.The post Sri Lanka secures a long-term Credit Line from Russia to procure fuel appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Sri Lanka has secured a long-term credit line from the Government of the Russian Federation, the Embassy of Sri Lanka in Moscow said. The Embassy said that on the 17th October 2022, a productive discussion was held with the Russian Government on the possibility of obtaining a long term credit line in order to procure […]
The Embassy of Sri Lanka in Moscow announced that a productive discussion was held with the Russian Government on the possibility of obtaining a long term credit line in order to procure fuel to Sri Lanka.
The 11-days that India’s External Affairs Minister (EAM) S. Jaishankar allocated for his recent visit to the United States (US) to attend the 77th session of the United Nations General Assembly (UNGA) and numerous other multilateral and bilateral events were a sign of the increasing confidence and assertiveness that India is now displaying on the […]
Sri Lanka approved legislation on Tuesday to let companies from oil-producing nations import and sell fuel as it attempts to cope with a steep oil bill that deepened its worst financial crisis in decades.The post Sri Lanka approves law to liberalize petroleum imports appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Leader of the Pivithuru Hela Uurumaya, MP Udaya Gammanpila, yesterday said that President Ranil Wickremesinghe has given a post of Presidential Adviser on Climate Change to Eric Solheim who had been sacked by the UN for wasting funds. Addressing the media in Colombo, Gammanpila said that so-called peace envoy Solheim has re-emerged as the Presidential […]
By Norman Palihawadane Colombo Archbishop Malcolm Cardinal Ranjith has called on the country’s youth to rise against injustice and change the current system, which, he says, has become the cause of misery. Addressing a gathering at the premiere of the movie, titled ‘Prana’, at Colombo City Centre, recently, the Cardinal said: “The youth must rise […]
In the nine months of 2022 Sri Lanka exports fell 9 percent to 192.60 million kilograms.
There are no price controls on bread
[…]The post Putin’s Last Stand appeared first on Colombo Telegraph.
Western countries this week ratcheted up their criticism of China, the world's largest bilateral creditor, as the main obstacle to moving ahead with debt restructuring agreements for the growing number of countries unable to service their debts.The post Global finance leaders single out China as barrier to faster debt relief appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ON...
[…]The post IMF Must Become More Than Just A Debt Collector For Private Creditors appeared first on Colombo Telegraph.
[…]The post How We Came To This Pass: A Quest For Scapegoats appeared first on Colombo Telegraph.
India is considered one of the potential superpowers of the world. This possibility has been attributed to many indicators, mainly demographic trends and a rapidly growing economy and military. India became the fastest-growing economy in the world in 2015, with estimated GDP growth of approximately 5%. There is no stopping India which is celebrating eight […]
The Central Bank of Sri Lanka (CBSL) today said that it is Ânot in a position to consider favorably to the request to operate Russia s MIR bankcards within the country s banking system due to the US sanctions on the payment system.
Sri Lanka today confirmed reports that it will not accept the MIR Russian card payment system. The Central Bank of Sri Lanka (CBSL) said that due to US sanctions on the MIR payment system, as confirmed by the Ministry of Foreign Affairs in Sri Lanka, the CBSL is not in a position to consider favorably, […]
Sri Lanka abstained from voting on a resolution at the United Nations against Russia, which was passed with 143 votes. The UN General Assembly passed the resolution by a large majority, calling on countries not to recognise the four regions of Ukraine which Russia has claimed, following so-called referendums held late last month, and demanding […]
The United Nations General Assembly on Wednesday overwhelmingly voted to condemn Russia s annexation of parts of Ukraine, a move US President Joe Biden said sent a Âclear message to Moscow.
At a time when Russian President Vladimir Putin is making it all too obvious that he will be depending on Hard Power or armed might to forge ahead with his plans in Ukraine, the conferring of the 2022 Nobel Peace Prize on a human rights campaigner of Belarus and on two organizations engaged in kindred […]
"We have learned that over 75% of seats have been reserved by now," the AASL said in a statement.
Tourism Minister Harin Fernando expressed confidence that Sri Lanka will see more tourist arrivals over the next 2 months even as Aeroflot returned to Sri Lanka today with a group of Russian tourists. Aeroflot arrived at the Bandaranaike International Airport after a gap of 4 months. “Happy to welcome a full @Aeroflot_World with tourists from […]