The world economy had not recovered from the daunting impact of coronavirus, the geo-political headwinds such as Russia-Ukraine war impacted the recovery process in 2022 and before this war settled, Israel-Gaza conflict deepened the geo-politics and geo-political fragmentation. The geo-political

Just days after Chinese President Xi Jinping’s tour of Europe, India’s Foreign Minister S. Jaishankar issued a cautionary message to Indian businesses. Speaking at an event in Kolkata, he highlighted the abnormal situation in Ladakh. He emphasized that the situation at the disputed border cannot be disregarded by any Indian citizen. In 2020, China’s breach […]

For the fifth time Vladimir Putin will be taking the long walk through the Grand Kremlin Palace to the St Andrew’s Throne Hall. There he will take the oath of office and be sworn in as Russia’s president for a new six-year term The route may be familiar, but much has changed since Putin’s first […]

President Xi Jinping has hailed “new vistas” in China’s relationship with France on his first trip to Europe in five years – one that feels much like a charm offensive. Mr Xi will be looking to avert the trade war that is looming with Brussels, driven by fears of cheap Chinese electric vehicles entering the […]

It’s the day of the North-East proxy war all over again. Concrete proof that this is so comes in the form of the latest military aid package approved for Ukraine by the Biden administration running into $60 billion. So substantial is this injection of assistance that it has prompted Ukrainian

Colombo has demonstrated its own brand of strategic autonomy on issues from Russia’s war in Ukraine to China’s global footprint By Michael Kugelman Most South Asian governments tend to have nonaligned foreign policies, balancing their relations with major powers. This maximizes their diplomatic

Saturday 9th March, 2024 US President Joe Biden has decided to build a temporary port in Gaza to facilitate the delivery of humanitarian aid to the Palestinian civilians trapped in that war-ravaged enclave, where hospitals and schools are being bombed incessantly. He was expected to unveil the planned port project, in his State of the […]

India presented a new perspective to conceptualise its relationship with the West. The perspective is based on emphasizing its distinctions from BRICS co-founders China and Russia. The new approach came through by way of a response to a query, during the recently concluded 60th Munich Security Conference, about India’s freedom to choose between multiple partners […]

By EMERITUS PROFESSOR RANJITH SENARATNE, Chairman, National Science Foundation and former General President, Sri Lanka Association for the Advancement of Science The global order in a state of flux Rapid economic and political changes in emerging economies and developing countries have an impact on the existing world order that is gradually moving from a Western-centred […]

Secretary to the Treasury and Finance Ministry Mahinda Siriwardana has said that even if Sri Lanka achieves the goal of zero corruption, tax revenue will still have to be increased to bridge the budget deficit and lessen the country’s debt burden. Referring to the Supreme Court ruling pertaining to economic management delivered on Nov 14, […]

In the global political landscape of 2024, Reuters provides a comprehensive overview of key elections shaping the economic and geopolitical landscape across diverse regions. From Europe, where the rise of Eurosceptic far-right parties poses challenges to the European Union’s integration, to Russia, where Vladimir Putin is set for another term amid heightened tensions with the […]

[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 […]