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Russia said on Monday, July 17, it has halted an unprecedented wartime deal that allows grain to flow from Ukraine to countries in Africa, the Middle East and Asia where hunger is a growing threat and high food prices have pushed more people into poverty.
South Korean President Yoon Suk-yeol has ordered an all-out rescue and recovery effort after days of torrential rains unleashed devastating floods and landslides that killed at least 39 people. The death toll on Monday included 13 people found dead in a submerged underpass in the central city of Cheongju in North Chungcheong Province. Yoon, on […]
- South Korea pledges support for President Ranil s economic recovery plan (Category: Breaking News)
- Secretary General of the Colombo Plan calls on Sri Lanka President (Category: Breaking News)
- PM extends wishes to S Korean prez as both nations celebrate 50 yrs of ties (Category: Breaking News)
- Sri Lanka, South Korea to further enhance trade and investment collaborations (Category: Breaking News)
had been halted and media in Ukraine reported explosions along the overpass. […]
- Development boost for Batti (Category: Breaking News)
- Bridge's hydraulics failed (Category: Australia, Tasmania )
- Car and truck in fatal accident (Category: South Australia)
- Body pulled from Hamilton Harbour (Category: Canada, Ontario)
U.S. Treasury Secretary Janet Yellen said on Sunday she was "eager" to work with China on areas of mutual interest, including debt restructurings for poorer countries, and that multilateral development banks needed reforms before capital increases could be considered.The post Yellen ‘eager’ to work with China on debt, other global challenges appeared first on ONLANKA - Sri Lanka Latest...
- Janet Yellen warns United States could run out of cash by June 1 (Category: Breaking News)
- India a trusted trading partner in ‘friendshoring’ strategy: US Treasury Secretary Janet Yellen (Category: Breaking News)
- Janet Yellen warns US could run out of cash by 1 June (Category: Breaking News)
- Janet Yellen warns US could run out of cash by June 1 (Category: Breaking News)
Monday 17th July, 2023 The Parliamentary Select Committee (PSC) appointed by Speaker Mahinda Yapa Abeywardena to investigate the causes of the country’s bankruptcy has come in for severe criticism, and understandably so. The Opposition has rightly pointed out that the PSC cannot be expected to act impartially under the chairmanship of General Secretary of the […]
- Opposition to appoint alternative committee (Category: Breaking News)
- Exercise in futility (Category: Breaking News)
- NPP MP Herath quits PSC appointed to probe causes of bankruptcy (Category: Breaking News)
- Cries for justice and smoke and mirrors (Category: Breaking News)
Video: US Treasury Secretary says Ukraine aid is the best boost for global economy (English)
- Video: Cabraal-missile is stronger than Indian Agni-V missile (Category: Video)
- Video: Dambulla Mosque controversy could have been solved peacefully (Category: Video)
- Video: Sajith issuing misleading statements - Tissa (Category: Video)
- Video: No need for permission - Sajith (Category: Video)
The United States (US) expects Sri Lanka’s debt treatment to be finalised soon. US Treasury Secretary Janet Yellen said that the United States will seek to increase financial assistance for war-torn Ukraine and push for debt restructuring during a G20 Finance meeting in India. Yellen
- Yellen ‘eager’ to work with China on debt, other global challenges (Category: Breaking News)
- Janet Yellen warns United States could run out of cash by June 1 (Category: Breaking News)
- Janet Yellen warns US could run out of cash by June 1 (Category: Breaking News)
- Janet Yellen warns US could run out of cash by 1 June (Category: Breaking News)
South Korean authorities today recovered the bodies of nine people who died trapped in a submerged tunnel as heavy rain and flooding sweeps the nation. Some 15 vehicles were estimated to have been stuck underwater in the Osong underpass shortly after a levee of a nearby river was destroyed by rain on Saturday. CCTV footage […]
- Al Pacino, 83, expecting his fourth child with 29-year-old girlfriend (Category: Breaking News)
- Australian work-from-home employee sacked for ‘not typing enough’ (Category: Breaking News)
- Girl, 10, ‘marries’ boyfriend days before losing leukemia battle (Category: Breaking News)
- Australia considering banning teenagers from buying cigarettes (Category: Breaking News)
Redoubling support for war-stricken Ukraine is the Âsingle best way to aid the global economy, US Treasury Secretary Janet Yellen said Sunday, along with boosting emerging economies and tackling debt distress.
US President Joe Biden is heading to Europe ahead of a Nato summit after several allies questioned his decision to send cluster bombs to Ukraine. The UK and Canada are among those who voiced concern about supplying the bombs, which are widely banned because of the danger they pose to civilians
- US to provide Ukraine with long-range missiles in latest aid package (Category: Breaking News)
- Somali forces claim end to deadly 30-hour hotel siege (Category: Breaking News)
- PM says Israel at war after 100 killed in attack from Gaza (Category: Breaking News)
- Evidence shows widespread use of cluster munitions in Kharkiv (Category: Breaking News)
Kiev does not buy Chinese weapons in order to avoid irritating the US, Ukrainian Deputy Defense Minister Vitaly Deinega has claimed. The official made the comments while discussing the importance of drones in modern warfare. “As far as it was explained to me… we cannot buy anything Chinese so as not to hurt our relationship […]
- Irish embassy rejects China’s Ukraine order (Category: Breaking News)
- Ukraine’s Zelensky says Capitol riots hurt US reputation (Category: USA, New York)
- Zelensky wants Xi Jinping meeting following China’s peace plan (Category: Breaking News)
- Quarantine concerns under “pilot tourism” project (Category: Breaking News)
Udeni Kaluthantri, a 54-year-old port worker, became an overnight sensation last year for reasons that had nothing to do with his job. Days after protesters stormed the presidential palace in the Sri Lankan capital Colombo, a video surfaced of Mr Kaluthantri lounging on a bed draped with the presidential flag. Pictures of young men jumping […]
- Brazil’s President vows to punish rioters who stormed Congress (Category: Breaking News)
- Mass arrests in Brazil as President condemns ‘terrorist’ riots (Category: Breaking News)
- Pakistan’s Supreme Court rules Imran Khan arrest was illegal (Category: Breaking News)
- A divided Japan bids farewell to its slain ex-PM (Category: Breaking News)
India plans to allow Sri Lanka up to 12 years to repay its debt to help ease the financial burden on the island nation, India’s Export Credit Guarantee Corporation (ECGC) Ltd’s chairman-cum-managing director M. Senthilnathan said.The post India to allow Sri Lanka to repay debt over 12 years appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka given more time to repay Bangladesh’s $200 Million loan (Category: Breaking News)
- Sri Lanka trying to reduce overall debt by $17 Billion, president says (Category: Breaking News)
- India to allow Sri Lanka to repay debt over 12 years (Category: Breaking News)
- China’s EXIM bank offers Sri Lanka debt extension – report (Category: Breaking News)
A year after angry Sri Lankans stormed the president's residence and forced his ouster during a meltdown of the economy, the island's streets are calm, there are no serpentine queues at fuel stations and hours-long power cuts have ended.The post Analysis: A year later, Sri Lanka’s tentative economic recovery eludes the poor appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top S...
- Sri Lanka cabinet approves new electricity tariff without saying what it is (Category: Breaking News)
- Japan to support Sri Lanka’s debt restructuring negotiations (Category: Breaking News)
- IMF team in Colombo this week for first review of Extended Fund Facility (Category: Breaking News)
- Sri Lanka sees forex reserves exceeding $4 billion after fresh funding (Category: Breaking News)
India plans to allow Sri Lanka up to 12 years to repay its debt to help ease the financial burden on the country, India’s Export Credit Guarantee Corporation (ECGC) Ltd’s Chairman-cum-Managing Director M. Senthilnathan said. Sri Lanka, facing its worst economic and political crisis in over seven decades, owes $7.1 billion to bilateral creditors— $3 […]
- India starts debt-restructuring talks with Sri Lanka (Category: Breaking News)
- India provided nearly $4 billion in food, financial assistance to Sri Lanka (Category: Breaking News)
- India to invest more in Sri Lanka after crisis support of $3.8 Bn (Category: Breaking News)
- Sri Lanka thanks India for giving assurances to IMF for USD 2.9B bailout package (Category: Breaking News)
The US will send Ukraine a cluster munitions package to help in its counteroffensive against Russia. The White House said it had postponed the decision for as long as it could because of the risk of civilian harm from such unexploded ordnance. Ukraine has been asking for the weapons for months amid
- Pope condemns human ‘hunger for wealth and power’ at Christmas Eve Mass (Category: Breaking News)
- Zelensky wants Xi Jinping meeting following China’s peace plan (Category: Breaking News)
- Biden tells Zelensky his country will never stand alone (Category: Breaking News)
- Rishi Sunak visits President Zelensky in Kyiv as he pledges £50m in aid (Category: Breaking News)
CP Chairman DEW G says lawmakers here should be aware of what is going on in the world. The Parliament cannot turn a blind eye to global developments, the former MP said, pointing out that the ongoing Ukrainian crisis underscored the need for greater understanding of international affairs as the rapid developments taking place with […]
- DEW alleges US must have approved removal of Galle Face protesters (Category: Breaking News)
- SJB alleges Prez under SLPP pressure to give up power to dissolve Parliament (Category: Breaking News)
- SC ruling on economic crisis: Parliament also responsible, says Foreign Minister (Category: Breaking News)
- Ranil likely to go for presidential poll first – sources (Category: Breaking News)
American veteran Venus Williams says a dramatic fall that ruined her hopes of a notable Wimbledon win was “painful” and has left her “in shock”. Williams, 43, slipped early in the first-round match against Ukraine’s Elina Svitolina, leading to fears
- Scrum-half quits Wales 100 days before World Cup (Category: Breaking News)
- Max Verstappen fastest on first day of testing (Category: Breaking News)
- F1 drivers pushing for changes to the penalty points system (Category: Breaking News)
- Djokovic wins Australian Open 2023 (Category: Breaking News)
[…]The post A French Spring Amid IMF Mission Creep: Ranil Tangoes In Paris As Macron Pivots To BRICS appeared first on Colombo Telegraph.
- Beyond The Myth Of TINA To The IMF: The New Development Bank In The Asian 21st Century (Category: Breaking News)
- IMF, Sri Lanka’s Resource Curse & Privatization Of The Central Bank (Category: Breaking News)
- Greenwashing Bond Scams & Financializing Mother Nature: Climate Science Fiction Versus Local Rea... (Category: Breaking News)
- Of Elections, Bond Scams & Money Politics: The Anatomy Of Default @75 (Category: Breaking News)
[…]The post The March Towards ‘Akhand Bharat’ appeared first on Colombo Telegraph.
- Sri Lanka Is Still In Deep Trouble, With Or Without Ranil (Category: Breaking News)
- Who Were The Early Sri Lankans? (Category: Breaking News)
- Destination Delhi: Roving President’s Next Port Of Call (Category: Breaking News)
- To Be Or Not To Be (A US Military Base) (Category: Breaking News)
Crisis-hit Pakistan has reached a staff-level agreement with the International Monetary Fund (IMF) over $3bn (£2.4bn) of funding. The deal, which still needs to be approved by the global lender’s board, comes after an eight-month delay. The South Asian nation is facing its worst economic crisis since independence from Britain in 1947. To help secure […]
- Pakistan’s ex-president, Pervez Musharraf dies aged 79 (Category: Breaking News)
- JP Morgan to take over First Republic bank (Category: Breaking News)
- Nearly 40 pupils killed by militants in Uganda school attack (Category: Breaking News)
- Protesters among prisoners pardoned by Iran leader (Category: Breaking News)
Sri Lanka has sought more cooperation with China and also rejected ‘debt trap’ claims. China has invested a lot in Sri Lanka in recent years and Sri Lanka looks forward to expanding the mutually beneficial partnership, Ali Sabry, Sri Lanka’s minister of foreign affairs, told the media during his visit to China. Speaking at a […]
- Government defends relations with China (Category: Breaking News)
- Sri Lanka reiterates stand on ‘One China’ policy after Taiwan polls (Category: Breaking News)
- Ali Sabry to brief UN General Assembly (Category: Breaking News)
- Sabry denies allegations of busting millions on overseas visits (Category: Breaking News)
By Chandre Dharmawardana chandre.dharma@yahoo.ca According to a recent news report (The Island 23rd June 2023), Minister Mahinda Amaraweera has claimed that the “agricultural sector to be transformed into an export-oriented economy”! This is a surprising statement since the plantation sector, established by the British, has been from the start (and even now) an export-oriented economy....
- Spices can be a main sector of Sri Lanka economy: President (Category: Breaking News)
- The Peril of going to the IMF: Is there an alternative? (Category: Breaking News)
- Competing interests of trade and agriculture (Category: Breaking News)
- Why record export earnings may not be good news (Category: Breaking News)
The head of the Wagner mercenary group said his forces were ending a march on the Russian capital after demanding the resignation of the country’s top defense officials over alleged failures in the war in Ukraine. In a statement to his Telegram social media account, Yevgeny Prigozhin
- Putin breaks silence over Prigozhin’s reported death (Category: Breaking News)
- Wagner chief Yevgeny Prigozhin claims control of major Russian city Rostov-on-Don (Category: Breaking News)
- Prigozhin buried in private funeral – Wagner chief’s press service (Category: Breaking News)
- Belarus leader welcomes Wagner boss Prigozhin into exile (Category: Breaking News)
by Rajan Philips Last week saw a spate of summits underscoring the global economic and geopolitical headwinds that governments and countries have to cope with and navigate through. First, there was the visit to China by the US Secretary of State Antony Blinken. This was followed by a state visit to Washington by India’s Prime […]
- National Reconciliation & Archaeological Mischiefs (Category: Breaking News)
- Archaeology Department’s Director-General Professor Anura Manatunga resigns (Category: Breaking News)
- DG Archaeology resigns over discord with govt. (Category: Breaking News)
- Kurundi: A Runway To ’56? (Category: Breaking News)
[…]The post Ranil’s Economic Strategy: Will His Prioritisation Of Targets Misfire? appeared first on Colombo Telegraph.
- Planning For A Year Of Elections (Category: Breaking News)
- Is State Owned Temasek A Useful Concept For Sri Lanka? (Category: Breaking News)
- To Be Realistic, There Are Only Two Options (Category: Breaking News)
- Liberal Or Edible Economics: Global Disorder Worst In A Century (Category: Breaking News)
The boss of Russia’s Wagner mercenary group, Yevgeny Prigozhin, says he has seized “all military facilities” in the southern city of Rostov-on-Don. The announcement comes hours after he threatened to topple Defence Minister Sergei Shoigu. President Vladimir Putin said this was “a stab in the back” and pledged to punish those who had “betrayed” Russia. [...
- UN condemns Russian invasion of Ukraine ahead of anniversary (Category: Breaking News)
- Prigozhin buried in private funeral – Wagner chief’s press service (Category: Breaking News)
- Biden tells Zelensky his country will never stand alone (Category: Breaking News)
- Zelensky wants Xi Jinping meeting following China’s peace plan (Category: Breaking News)
A Russian diplomat has been squatting near Australia’s parliament in a row over the site where Russia wants to build its new embassy. The lone protest follows Australia’s decision last week to tear up the lease – granted in 2008 – citing national security grounds. Russia says it will challenge the move in the High […]
- US and China pledge to stabilise tense relationship after talks (Category: Breaking News)
- US, UK and Australia agree on nuclear submarine project (Category: Breaking News)
- Blinken begins talks in Beijing during high-stakes visit to China (Category: Breaking News)
- Suspect held after five killed in attack at Colorado nightclub (Category: Breaking News)
WASHINGTON — Indian Prime Minister Narendra Modi told U.S. lawmakers Thursday the United States-India partnership is bound by the shared values of respecting debate and equality in a democracy. “The U.S. is the oldest and India the largest democracy,” Modi said, addressing a joint meeting of the U.S. Congress. “Our partnership augurs well for the […]
- Biden and Modi Forge Strong Alliance in Counter-China Strategy during State Visit (Category: Breaking News)
- Biden, Modi hail new era for US-India ties and tout deals (Category: Breaking News)
- Destination Delhi: Roving President’s Next Port Of Call (Category: Breaking News)
- Modi, combining India’s foreign policy with domestic interest (Category: Breaking News)
CNN- Indian Prime Minister Narendra Modi basked in the most lavish honors that the US can bestow on a visiting leader. But for much of his state visit, the specter of an uninvited guest hovered over Washington and the future of US-India relations. China – and the growing belief that the US is on a collision course with […]
- China’s economy is in trouble. Here’s what’s gone wrong (Category: Breaking News)
- China sets lowest GDP growth target in decades as Beijing tightens its belt (Category: Breaking News)
- Thousands of ethnic minority Muslims defy Chinese authorities in defense of mosque (Category: Breaking News)
- Donald Trump pleads not guilty following arrest (Category: Breaking News)
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