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[…]The post Inflation, Interest Rate & Imperialism appeared first on Colombo Telegraph.
The UK is set to be one of the worst performing major economies in the world this year, according to the International Monetary Fund (IMF). It says the UK economy’s performance in 2023 will be the worst among the 20 biggest economies, known as the G20, which includes sanctions-hit Russia. The IMF predicts the UK […]
[…]The post Sri Lanka’s Asian Heritage appeared first on Colombo Telegraph.
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...
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. The summit will take place on January 12 and January 13 and will be chaired by Prime Minister Narendra Modi. Other than leaders from the neighbourhood, leaders from […]
[…]The post Prospects For Global Capitalism: 2023 & After appeared first on Colombo Telegraph.
[…]The post Need To Restrain The Power Of Shadow Finance appeared first on Colombo Telegraph.
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
[…]The post IMF Must Become More Than Just A Debt Collector For Private Creditors appeared first on Colombo Telegraph.
Beijing [China], August 12 (ANI): Recent protests in China’s Henan province underline the risks being faced by banks as the real estate sector continues to struggle. The real estate sector in China accounts for around 24 per cent of gross domestic product (GDP), almost a quarter of the nation’s GDP, according to authors Ahana Roy […]
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, [&...
[…]The post Is Global Financial Crash Imminent in 2022? appeared first on Colombo Telegraph.
[…]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.
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 […]
China on Wednesday praised India for making “great efforts” to help Colombo to tide over its worst financial crisis even as it refuted Sri Lankan President Gotabaya Rajapaksa’s remarks that Beijing has shifted its strategic focus from South Asia including Pakistan to South East
By Nick Beake Billions of dollars of Chinese money are boosting some European economies – but some of the deals being struck have a catch. Critics say they are “debt traps”, where China gets to choose what happens if loans aren’t repaid. China insists it is a reliable investment partner – but it is also […]
[…] The post A Staged Default & Sovereign Bond Debt Trap? IMF’s Spring Meetings Amid Hybrid Cold War appeared first on Colombo Telegraph.
Reuters: Loose global monetary conditions are stoking credit and asset price booms in some emerging markets that could lead to a new financial crisis, the Bank for International Settlements warned on Sunday. Such a boom-and-bust cycle might have severe global repercussions, not least due
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