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[…]The post Janatha Aragalaya: The People’s Struggle In Sri Lanka appeared first on Colombo Telegraph.
BBC reported that the International Monetary Fund (IMF) says it has reached an agreement with Ukraine on funding worth $15.6bn (£12.8bn). The organisation’s first loan to a country at war is expected to be approved in the coming weeks. It would also be one of the largest financing packages Ukraine has received since Russia’s invasion. […]
The Central Bank of Sri Lanka (CBSL) bank has urged China and India to agree a write-down of their loans as soon as possible.The post Central Bank Governor urges China and India to reduce Sri Lanka’s debts soon appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Sri Lanka’s central bank has urged China and India to agree a write-down of their loans as soon as possible. The crisis-hit Indian Ocean state defaulted on its debt repayments and negotiated a $2.9bn (£2.4bn) bailout. But the International Monetary Fund will not release the cash until China and India first agree to reduce Sri […]
The New Year 2023 is definitely going to be a significant year for India’s leadership ambitions. India’s presidency of the G20 forum as well as the Shanghai Corporation Organization (SCO), brings with itself the rare opportunity to present to the world that India is well-prepared and well-equipped to clinch its position as an emerging power. […]
Sri Lanka central government debt falls to US$32.4bn from US$50.5 billion rupees
Liz Truss has promised to deal with surging energy costs and to cut taxes, after she won the Tory leadership contest to become the next PM. Her plan, set to be announced on Thursday, is likely to include a freeze on energy bills – though precisely how it would work is still unclear. Ms Truss […]
Mikhail Gorbachev, the former Soviet leader who brought the Cold War to a peaceful end, has died aged 91. Mr Gorbachev, who took power in 1985, opened up the then-USSR to the world and introduced a set of reforms at home. But he was unable to prevent the slow collapse of the Soviet Union, from […]
By Anushka Kahandagamage Protesters defeated the dictatorial Rajapaksa regime, making the Rajapaksas resign from their positions, premiership and presidency, of the government. After the collapse of the dynasty, Ranil Wickremesinghe, a Rajapaksa puppet, came to power with the support of a distorted majority in Parliament. Having got himself appointed as President, without a people’s mandate, [R...
[…]The post The ACF Commission: To Exorcise Ghosts Of Truth That Continued To Haunt Regardless appeared first on Colombo Telegraph.
[…]The post The Aragalaya & Morality appeared first on Colombo Telegraph.
Pure floating exchange rates and a fixed exchange rate with a currency boards are free-market mechanisms
Indian media had reported that India had raised the issue of the Chinese research vessel that is scheduled to arrive at the Hambantota Port, with President Ranil Wickremesinghe. India had raised concerns after the Ministry of Defence in Colombo confirmed the ship’s arrival, despite New Delhi clearly outlining its concerns regarding the arrival of this […]
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 […]
by Sean GLEESON and Amal JAYASINGHE (AFP) Lankan security forces demolished the main anti-government protest camp in the capital Friday, evicting activists in a pre-dawn assault that raised international concern for dissent under the crisis-wracked country’s new pro-Western president. Troops and police Special Task Force commandos wielding batons and armed with automatic assault rifles charged on ...
The Governor of Sri Lanka’s Central Bank, Nandalal Weerasinghe, has warned that the country may shut down if no stable government is formed soon.The post Sri Lanka faces shutdown without stable Government – Central Bank Governor warns appeared first on ONLANKA News - Sri Lanka News - Sri Lanka News Live and Breaking News Today.
[…]The post War On China? – IV: Rules-Based International Order: Normalising Global State Terrorism appeared first on Colombo Telegraph.
[…]The post Why I Don’t Support The Aragalaya appeared first on Colombo Telegraph.
[…]The post Life After This Death? appeared first on Colombo Telegraph.
Sri Lanka could have avoided its current economic turmoil if it had gone to the International Monetary Fund (IMF) for a bailout sooner, the country’s central bank governor says. P Nandalal Weerasinghe told BBC Newsnight that the delay in seeking outside help was a mistake. The country has said it needs $5bn this year in […]
[…]The post Aragalaya: People’s Response To Rajapaksa-Made Crisis appeared first on Colombo Telegraph.
[…]The post Playing Games With Constitutional Reforms appeared first on Colombo Telegraph.
After being closed to tourists for two years, Japan is opening its borders to visitors from 98 countries and regions. It marks the most significant moment so far in the country’s slow relaxation of its Covid-19 entry restrictions. But some restrictions will remain, including a requirement to visit the country as part of a tour […]
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 International Monetary Fund (IMF) has warned that Sri Lanka style protests could break out in other countries if there is no proper Government support. Governments need to subsidise the cost of food and energy for the poorest members of society, the head of the International Monetary Fund (IMF) Kristalina Georgieva told the BBC. People […]
[…]The post Ranil Wickremesinghe’s Sixth (Mis)adventure: An Indisputable Reason For The ‘Aragalaya’ To Stay Alive appeared first on Colombo Telegraph.
[…]The post War On China? – I: Justifications For War: Thucydides “Trap”, Clash Of Civilisations, Domino Theory appeared first on Colombo Telegraph.
[…]The post System Change Or Systemic Thinking; Wither To Ranil? appeared first on Colombo Telegraph.
“After I speak to [friendly nations], there will be help coming from there. They won’t allow people to starve.”