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At least five Sri Lankans have reportedly been killed so far while fighting in the Ukraine-Russia war, according to Al Jazeera. In the latest incident, Nipuna Silva, a Sri Lankan soldier who quit his army position to fight for Russia in Ukraine due to better pay, is believed to have been killed on the front line.The post Sri Lankan soldier Nipuna Silva among latest victims in Ukraine-Russia confli...
- Lankan mercenaries fighting on both sides of Russia-Ukraine war (Category: Breaking News)
- Two Indians recruiting Lanka’s ex-servicemen for Russia-Ukraine war (Category: Breaking News)
- Sri Lanka to repatriate nationals trafficked into Russia-Ukraine war (Category: Breaking News)
- Russia accuses “powerful country”of double standards on Sri Lanka (Category: Breaking News)
By Shamindra Ferdinando By the time President Gotabaya Rajapaksa had arrived in Singapore in the second week of July 2022, a few days after fleeing Sri Lanka, he firmly believed that then Prime Minister Ranil Wickremesinghe was the only person capable of restoring the rule of law in the country. In the chapter titled ‘The […]
- US hand in GR’s ouster: Speaker finally confirms allegations (Category: Breaking News)
- Ranil reveals bid to get rid of him while GR was fleeing to Trinco on board SLNS Gajabahu (Category: Breaking News)
- Declining power and challenges before SLPP (Category: Breaking News)
- Proposed all-party govt: Prez wins support from unexpected quarters (Category: Breaking News)
[…]The post Israel Versus Palestinians: Thank God For South Africa’s Boldness appeared first on Colombo Telegraph.
- ICJ Ruling On Israeli Genocide In Gaza; Stopped Short Of Ordering A Ceasefire (Category: Breaking News)
- Partial West & Shameful Muslim Leaders Complicit In Israel’s War Crimes In Gaza (Category: Breaking News)
- Disturbing Echoes Of The Last Phase Of The Civil War In Sri Lanka & The Treatment Of Palestinian... (Category: Breaking News)
- Palestine & Ukraine: Two More Nails In Imperialism’s Coffin? (Category: Breaking News)
[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 […]
- Nexus between money, exchange rate, money printing and inflation (Category: Breaking News)
- ‘SL’s inflation reduced to single digit levels in 2023 along with restoration of price stability’ (Category: Breaking News)
- High interest rates have prevented contraction of economy – CBSL Governor (Category: Breaking News)
- CB eases monetary conditions by reducing its interest rates (Category: Breaking News)
[…]The post Palestinians, The Terrorists & Israelis, The Victims appeared first on Colombo Telegraph.
- Merely Focussing On Hamas Attacks – Missing The Wood For The Trees! (Category: Breaking News)
- Hamas Onslaught, Israeli Revenge & The Return Of Diplomacy (Category: Breaking News)
- Partial West & Shameful Muslim Leaders Complicit In Israel’s War Crimes In Gaza (Category: Breaking News)
- The Cauldrons We Make (Category: Breaking News)
[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? appeared first on Colombo Telegraph.
- Debt Restructuring, Austerity, & The IMF: A Solution Or A Worsening Of The Problem? (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part VI (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part IV (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part III (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)
[…]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)
By Chani Imbulgoda “We suffer today, because leaders in the past have failed to govern this country properly”. Oh, the predecessor has not done things well, they all have let the place go haywire”. Familiar excuses… When one takes over the leadership be it the country, be it an organisation, or be it a new […]
- No second chance for Sri Lanka, says CB Governor (Category: Breaking News)
- Tactful Diplomacy Will Bring Durable Solution (Category: Breaking News)
- Lanka’s ‘Royal’ mess explained by old boy (Category: Breaking News)
- Urgent Lessons for Sri Lanka – 2022 (Category: Breaking News)
[…]The post Is It 1848 Again? Unrest This Time Is Global appeared first on Colombo Telegraph.
- Vladimir Putin, Xi Jinping & Joe Biden (Category: Breaking News)
- Waiting For Godot: Can Some Developing Nations Unite & Transform The Planet? (Category: Breaking News)
- Gathering Storms Cloud On The Horizon; Military, Political, Strategic & Economic Uncertainties A... (Category: Breaking News)
- Snivelling Won’t Combat Corruption; Are We Waiting For Sri Lanka’s Nelson Mandela? (Category: Breaking News)
The Sri Lankan government is seeking Russian cooperation in multiple sectors, namely, tourism, air traffic, and locomotive construction, besides eyeing crude from Moscow.The post Sri Lanka mulls buying Russian oil & fertilizers appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka secures a long-term Credit Line from Russia to procure fuel (Category: Breaking News)
- Sri Lanka, Russia continue talks on loan for Russian oil products (Category: Breaking News)
- Direct employment opportunities for Sri Lankan skilled migrant workers in Russia (Category: Breaking News)
- Direct Flights to Moscow (Category: Breaking News)
Sri Lankan President Ranil Wickremesinghe emphasized during an interview organized by Harvard University on the 24th, through Zoom technology, that Sri Lanka’s access to the growing Indian and African markets should not be disrupted by any big power rivalry or conflictThe post Sri Lanka’s access to growing Indian & African markets cannot be disrupted – President Ranil appeared fir...
- Sri Lanka will not allow anything harmful to India’s security – President Ranil (Category: Breaking News)
- Fearing political pressure, Sri Lanka president wants to avoid trade integrations with India (Category: Breaking News)
- Sri Lanka to establish International Trade Office to deal with International Trade Negotiations (Category: Breaking News)
- Sri Lanka President says ‘this is our last chance to forge ahead’ (Category: Breaking News)
Bangladesh Prime Minister Sheikh Hasina and Sri Lankan President Ranil Wickremesinghe will be among 20 world leaders who will participate in the “Voice of the Global South Summit” (VGSS) next week hosted by India virtually, Indian media reported.The post President to participate in India-hosted Voice of Global South Summit – report appeared first on Sri Lanka News - Latest Breaking News in S...
- Ranil to participate in Indian summit virtually (Category: Breaking News)
- Sri Lanka President arrives in New York to attend the 78th session of the United Nations General... (Category: Breaking News)
- President to participate in India-hosted Voice of Global South Summit - report (Category: Breaking News)
- President addresses second Voice of Global South Summit (Category: Breaking News)
(AFP)Sri Lanka on Thursday welcomed the first Russian travellers aboard a new flight service that was launched after the bankrupt nation urged Moscow to help revive its beleaguered economy by sending tourists. Russia was Sri Lanka’s biggest source of visitors at the start of the year but arrivals nearly ceased after the invasion of Ukraine […]
- Russian airline Aeroflot resumes flights to Sri Lanka after 4 months (Category: Breaking News)
- Putin orders to increase flights between Russia and friendly states (Category: Breaking News)
- Russian Airline Red Wings commences direct flights to Sri Lanka (Category: Breaking News)
- Govt. to get Russian, Chinese flights to Mattala (Category: Breaking News)
[…]The post Budget 2023: A Depth Or Dearth appeared first on Colombo Telegraph.
- Domestic Debt Restructuring: Another Time Bomb Clicking Down? (Category: Breaking News)
- Tax! Tax!! Tax!!! (Category: Breaking News)
- Budget 24: High Aspirations Amidst Mounting Challenges But Options Are Limited (Category: Breaking News)
- The Role Of National Defence In A Crisis-Ridden Economy (Category: Breaking News)
By MAHADIYA HAMZA ECONOMYNEXT – Sri Lanka’s tourism revival is facing a challenge in bringing in more high spending foreign visitors due to increasing protests locally while monetary tightening, impacts of Russian invasion into Ukraine, and rising inflation globally.The move is likely to slow the island nation’s recovery from the unprecedented economic crisis as it is […]
- Developing plans and policies without young people is a futile exercise: UNICEF Sri Lanka (Category: Breaking News)
- Urgent measures needed to halt exodus of skilled personnel (Category: Breaking News)
- UNDP, EU assistance to equip tourism industry for sustainable future (Category: Breaking News)
- OPA panel discussion: The Role of Domestic Aviation in Sri Lanka Tourism (Category: Breaking News)
By Rebecca Bundhun India’s economy and equity markets are outperforming most of their global peers. Despite a slew of challenges including macroeconomic headwinds stemming from Russia’s war in Ukraine, elevated crude oil prices and tightening liquidity globally, the growth story of Asia’s third-largest economy remains intact. “The Indian economy and equity markets proved to be [&...
- $ 400 m IMF lifeline for struggling Sri Lanka (Category: Business)
- Etihad gets first Boeing 747-400 freighter (Category: Business)
- ‘India is in a sweet spot for the next few years’ (Category: Breaking News)
- Apparel producers decry 400% off-peak electricty price hike (Category: Breaking News)
[…]The post US Vulnerabilities Coalesce appeared first on Colombo Telegraph.
- War On China? – I: Justifications For War: Thucydides “Trap”, Clash Of Civilisations, Domino The... (Category: Breaking News)
- Globally, A Rightward Political Shift Is Visible (Category: Breaking News)
- Social Democracy, The NPP’s Tasks & Global Extremism (Category: Breaking News)
- Capitalism On Life Support: Planetary Bounds To Market-Lead Growth (Category: Breaking News)
[…]The post ‘Make The Economy Scream’: Whither The Asian 21st Century? 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)
- The Paris Club, Dollar Debt Colonialism & Asia’s New “Donors”: Reforming The International Aid A... (Category: Breaking News)
- IMF, Sri Lanka’s Resource Curse & Privatization Of The Central Bank (Category: Breaking News)
- Channel 4’s Easter Sunday: The IMF Descends Amid An Over The Horizon Operation Staring ‘Sonic-So... (Category: Breaking News)
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 […]
- Crime syndicate venturing into terrorism getting state hospitality in neighboring country: India... (Category: Breaking News)
- Number of Times China Blocked UN from Designating Pakistan-based Militants as ‘Global Terrorists’ (Category: Breaking News)
- India to deliberate on UN reforms, global counter-terrorism during December presidency of UNSC (Category: Breaking News)
- India, Pakistan foreign ministers trade heated barbs on ‘terror’ (Category: Breaking News)
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
- Price of 92 Octane Petrol increased in Sri Lanka (Category: Breaking News)
- Fuel consumption in Sri Lanka drops 50% in December (Category: Breaking News)
- First two Sinopec fuel shipments to arrive in Sri Lanka in August (Category: Breaking News)
- National Fuel Pass to be introduced today in Sri Lanka (Category: Breaking News)
[…]The post Putin’s Last Stand appeared first on Colombo Telegraph.
- Russian Presidential Election Results (Category: Breaking News)
- NATO Expansion: The Untold Agreement & Its Role In The Ukraine War (Category: Breaking News)
- Vladimir Putin, Xi Jinping & Joe Biden (Category: Breaking News)
- Ancient Values Influence Behaviour Centuries Later (Category: Breaking News)
[…]The post The Paris Club, Dollar Debt Colonialism & Asia’s New “Donors”: Reforming The International Aid Architecture? appeared first on Colombo Telegraph.
- Debt Restructuring As Rocket Science: The IMF, Green, Blue & Pink-Washing BlackRock? (Category: Breaking News)
- ‘Make The Economy Scream’: Whither The Asian 21st Century? (Category: Breaking News)
- Gota Back In The USA & A Chilling Killing: Welcome To 2023 A (Virtual) Realty In A Post-Truth Wo... (Category: Breaking News)
- Alternatives To The IMF & The Future Of The Welfare State: Beyond The Blame Game Between Superpo... (Category: Breaking News)
[…]The post Child’s Guide To Ranilnomics: Proposed Debt Restructuring Will Pose More Issues Than Answers appeared first on Colombo Telegraph.
- Child’s Guide To Debt Restructuring: Not A Cakewalk But A Task Entailing Hard Work (Category: Breaking News)
- Foreign Debt Restructuring: Too Late & Too Short To Get Out Of The Debt Trap (Category: Breaking News)
- A Child’s Guide To Demand Of 182 Academics For Cancelling Sri Lanka’s Foreign Debt (Category: Breaking News)
- Child’s Guide To Ranilnomics: Actual Tax Payment Is Not What One Pays Today (Category: Breaking News)
[…]The post War On China? – VI: India & The US: Forward Policy & The Brzezinskian Project appeared first on Colombo Telegraph.
- War On China? – III: Pivot To East (Category: Breaking News)
- To Be Or Not To Be (A US Military Base) (Category: Breaking News)
- Two Challenges: Economic Recovery, Political Devolution – II (Category: Breaking News)
- Sri Lanka’s Past Is Prologue For China (Category: Breaking News)
” Sri Lanka cannot do without IMF’s support. Having declared its inability to service its foreign debt, Sri Lanka is struggling to reach a consensus with lenders and the IMF. Two of Sri Lanka’s major creditors, India and China, locked horns over a port visit by a Chinese ship. Sri Lanka should be wary of […]
- Yuan Wang 5 triggers a moot point of contentious politics between India and Sri Lanka (Category: Breaking News)
- Chinese ship visit: Sabry contradicts Defence Ministry (Category: Breaking News)
- German research ship allowed Sri Lanka port call after Chinese-protest led clarification (Category: Breaking News)
- Lanka and India in ‘meeting of minds’ over security (Category: Breaking News)
[…]The post Ripples In The Indian Ocean: Yuan Wang 5 & Easter Sunday 2019 appeared first on Colombo Telegraph.
- Pelosi’s Pivot As Cold War & Colonialism Rebound: Blue-Greenwash In The Indian Ocean (Category: Breaking News)
- The Easter Attacks & A Game Of Thrones: The Master Mind, A Cover Up Investigation & AI (Category: Breaking News)
- Channel 4’s Easter Sunday: The IMF Descends Amid An Over The Horizon Operation Staring ‘Sonic-So... (Category: Breaking News)
- A Staged Default & Sovereign Bond Debt Trap? IMF’s Spring Meetings Amid Hybrid Cold War (Category: Breaking News)
[…]The post The Aragalaya & Morality appeared first on Colombo Telegraph.
- Why I Don’t Support The Aragalaya (Category: Breaking News)
- Ranil-Gota Twosome: One Gone, The Other Is Acting Up (Category: Breaking News)
- Futility Of Transforming A Nation Built Over A Political Cesspit (Category: Breaking News)
- Saying No To Authoritarian Governance (Category: Breaking News)
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...
- Sri Lanka records slight drop in inflation (Category: Breaking News)
- WFP says 6.26 million people in Sri Lanka are food insecure (Category: Breaking News)
- Sri Lanka’s July consumer inflation more than halves to 4.6% (Category: Breaking News)
- China confirms two-year debt moratorium offered to Sri Lanka (Category: Breaking News)
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.
- USAID Administrator Samantha Power arrives in Sri Lanka (Category: Breaking News)
- USAID Administrator Samantha Power meets Sri Lanka President Ranil Wickremesinghe (Category: Breaking News)
- USAID head urges crisis-hit Sri Lanka to tackle corruption (Category: Breaking News)
- Political reforms need to accompany economic reforms in Sri Lanka – Samantha Power (Category: Breaking News)
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