[An article based on the Keynote Address delivered by Dr. P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, recently at the Annual Research Symposium 2023 of the University of Colombo] Introduction Inflation affects every aspect of our lives; it is a force that shapes our purchasing power, influences our financial decisions, and […]

By Uditha Devapriya On Tuesday, December 12, the UN General Assembly passed a resolution demanding a humanitarian ceasefire in Gaza. The United States was one of 10 countries to oppose, the others including Guatemala, Nauru, and Paraguay, and of course Israel. New Zealand, Canada, and Australia were among the 153 countries to vote in favour, […]

Lankan mercenaries in Ukraine: By Shamindra Ferdinando Justice Minister Dr. Wijeyadasa Rajapakshe, PC, yesterday (08) said that recruitment of foreign personnel for military forces of a particular country was the prerogative of the government concerned. Dr. Rajapakshe said so when The Island asked him whether the government could prohibit ex-military personnel from joining the Ukrainian […]

Russian embassy in Colombo declines to comment By Shamindra Ferdinando Foreign Minister Ali Sabry, PC, yesterday (07) said that the government could not do anything about the activities of ex-military officers overseas.Minister Sabry said so in response to The Island query whether the Sri Lankan law prohibited Sri Lankans from joining the armed forces of […]

President Ranil Wickremesinghe presented the Climate Justice Forum (CJF) at COP28, in Dubai, UAE today (02) emphasizing the critical importance of addressing climate issues with a sense of justice and equity. Addressing the launch, President Wickremesinghe conveyed that the resolution of the Climate Justice Forum will be formally presented at the United Nations. He described […]