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- colombogazette.com - Category : Breaking News - Relavancy : 1.0

Taiwan’s Defence Minister Chiu Kuo-chang expressed concern that China’s People’s Liberation Army (PLA) would have the ‘complete capability’ to attack Taiwan by 2025. The Minister expressed concern while also highlighted sanctions as the means to deter aggression during a virtual seminar titled “Taiwan: is it key to the continuing world order?” organised by The Democracy […]

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

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, [&...

- colombotelegraph.com - Category : Breaking News - Relavancy : 1.0

[…]The post Presidential Dilemma: Find Fuel Or Face Protests appeared first on Colombo Telegraph.

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

Developments in Sri Lanka underline the risk of destabilising social and labour unrest throughout Asia-Pacific because of rising living costs impacting the region, S&P Global Market Intelligence said. Countries with similarly weak economic fundamentals and/ or poor economic policies have reduced resilience to external shocks, such as the COVID-19 pandemic, the Russia-Ukraine conflict, high oil...

- onlanka.com - Category : Breaking News - Relavancy : 1.0

The head of the U.S. government aid agency called on China on Wednesday to help Sri Lanka and other nations that had borrowed heavily from Beijing with debt restructuring, not just with lines of credit and emergency loans.The post USAID chief calls on China to restructure Sri Lanka’s debt appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.

- island.lk - Category : Breaking News - Relavancy : 1.0

The world has just been given a grim reminder of the mind-numbing costs of legitimate political dissent against state repression in Myanmar. The country’s military rulers have had no qualms about executing four pro-democracy activists, including well known political activist Kyaw Min Yu and former legislator Pho Zayar Thaw. Besides being made to witness absolute […]

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

A convergence of interests (read: opposition to the U.S.) is bringing Iran, China and Russia closer together than ever. As their relations with the West deteriorate, Russia and China are seeking to rewire global power flows in ways that will work to their advantage. Iran’s integration into the China–Russia Eurasian architecture is as complicated as […]

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

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 […]

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- colombogazette.com - Category : Breaking News - Relavancy : 1.0

The Indian economy is on course to achieve projected 8-8.5 per cent growth based on high-frequency indicators for the first quarter of the FY 2022-23, the Finance Ministry said on 19 July. Earlier on 31 January, the Economic Survey tabled in the Parliament projected the real GDP during 2022-23 to grow at 8.0-8.5 per cent. […]

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

Reiterating its call for dialogue and diplomacy, India on Monday (local time) said that if the conflict in Ukraine is not solved through talks immediately, there will be severe repercussions in the global economy which will derail the efforts of securing food security and eradicating hunger in the run-up to 2030. Speaking at the UN […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 1.0

[…]The post Is Global Financial Crash Imminent in 2022? appeared first on Colombo Telegraph.

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

Bangladesh Prime Minister Sheikh Hasina has lambasted those who are making wholesale criticism that Bangladesh will face the same situation like that of Sri Lanka. They are making the comments without realising the global context under the fallout of the Covid-19 and Russia-Ukraine War, the Daily Star quoted her as saying. “Let them say that […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 1.0

[…]The post 39 Years After Black July, It Is Time For Tamil Eelam: Preparing For A Unilateral Declaration Of Independence appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 1.0

The Asian Development Bank (ADB) says Sri Lanka’s growth is forecast to contract by 7.6% in 2022 and economic activity will remain subdued in 2023.In its latest Asian Development Outlook Supplement, the ADB said the island nation is beset with multifaceted and deepening challenges emanating from long-standing fiscal and current account deficits that have led to […]

- island.lk - Category : Breaking News - Relavancy : 1.0

For the majority of the troubled economies of the global South, it will be a case of narrowing foreign policy options. For many of these countries, the IMF is ‘the banker of last resort’ and this generally means that they would need to be ‘in the good books’ of the chief financiers of the IMF; […]

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

The International Monetary Fund hopes to complete rescue talks with Sri Lanka “as quickly as possible,” Managing Director Kristalina Georgieva said on Wednesday, hours before the crisis-hit South Asian nation elected a new president. Speaking with Nikkei Asia in Tokyo, Georgieva said the fund was “very deeply concerned about the well-being of the people in […]

- onlanka.com - Category : Breaking News - Relavancy : 1.0

The International Monetary Fund hopes to complete rescue talks with Sri Lanka "as quickly as possible," Managing Director Kristalina Georgieva said on Wednesday, hours before the crisis-hit South Asian nation elected a new president.The post IMF hopes to complete Sri Lanka aid talks ‘as quickly as possible’ appeared first on ONLANKA News - Sri Lanka News - Latest News in Sri Lanka - Br...

- colombotelegraph.com - Category : Breaking News - Relavancy : 1.0

[…]The post Good Bye Ranil; “Welcome” President Dulles Alahapperuma appeared first on Colombo Telegraph.

- onlanka.com - Category : Breaking News - Relavancy : 1.0

Sri Lanka’s Acting President Ranil Wickremesinghe says that the issues which prevail in Sri Lanka with regard to hunger, are man made.The post The food crisis in Sri Lanka is man made, Acting President Ranil tells Global Forum appeared first on ONLANKA News - Sri Lanka News - Latest News Sri Lanka - Breaking News from Sri Lanka.

- island.lk - Category : Breaking News - Relavancy : 1.0

International Monetary Fund (IMF) Managing Director Kristalina Georgieva says the economic crisis in Sri Lanka is a warning sign to the rest of the world.Speaking to G20 Finance Ministers and Central Bank Governors in Indonesia, Georgieva said that the global economic outlook has darkened significantly, and uncertainty is exceptionally high. “Downside risks about which the […]

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- onlanka.com - Category : Breaking News - Relavancy : 1.0

IMF chief Kristalina Georgieva on Saturday warned officials from the Group of 20 major economies to take urgent action to combat inflation, warning that the “exceptionally uncertain” global economic outlook could turn worse if higher prices persisted.The post Sri Lanka a ‘warning sign’ for countries with high debt levels and limited policy space – IMF appeared first on ONLANKA Ne...

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

In the midst of the unfolding crisis in Sri Lanka and its economic and political collapse, it has been forgotten that China is complicit in creating the present unrest. This fact needs to be recognized within Sri Lanka, where the people have taken it upon themselves to ‘reform’ the political system. While their mission is […]

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

International Monetary Fund (IMF) Managing Director Kristalina Georgieva says the economic crisis in Sri Lanka is a warning sign to the rest of the world. Speaking to G20 Finance Ministers and Central Bank Governors in Indonesia today, Georgieva said that the global economic outlook has darkened significantly, and uncertainty is exceptionally high. “Downside risks about […]

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

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 […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 1.0

[…]The post Quo Warranto, Mr. Wickremesinghe? appeared first on Colombo Telegraph.

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

The Modi government is giving a renewed push to conclude some of the pending UPA-era free trade agreements (FTAs) and even clinch some new ones. The aim is to achieve the $2 trillion export target by 2030, and address disruptions in global supply chains created by the pandemic and the ongoing Russia-Ukraine war. In its first tenure […]

- newsfirst.lk - Category : Breaking News - Relavancy : 1.0

(NDTV); Ukrainian President Zelensky says that several countries experiencing food and fuel shortages due to the disruption in the supply chain have benefitted Russia’s agenda. Basically, the Ukrainian President Zelensky blamed Russia for causing unrest in Sri Lanka as well as around the world due to the blocking of food products during the invasion of […]Russia “Responsible̶...

- adaderana.lk - Category : Breaking News - Relavancy : 1.0

Ukrainian President Volodymyr Zelensky blamed Russia for causing unrest in Sri Lanka as well as around the world due to the blocking of food products during the invasion of Ukraine.

- economynext.com - Category : Breaking News - Relavancy : 1.0

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