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President Ranil Wickremesinghe on Thursday (22) instructed relevant officials to formulate a report with inputs from all government agencies on the resolution of land problems in Nuwara Eliya district before February 04. Addressing the Nuwara Eliya District Development Committee, President Wickremesinghe said urgent solutions should be given to the land problems of the people without […]
Analysis by Matthew Brooker It was the year that the scales fell from Europe’s eyes on China. Heading into 2023, the clarity engendered by Beijing’s stance on the Russian invasion of Ukraine is in danger of being lost. Leaders of a continent beset by soaring energy prices and economic hardship show signs of wanting to pick […]
India’s rupee trade settlement mechanism, a means of using rupees instead of dollars and other big currencies for international transactions, is attracting interest from more countries.The post Indian Central Bank approves five ‘vostro’ accounts for Sri Lanka appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
India has approved a special ‘vostro’ account for Sri Lanka, a means of using rupees instead of dollars for international transactions. According to Reuters, Sri Lanka had shown interest in the mechanism and the special vostro accounts have been approved by the Reserve Bank of India (RBI). The Reuters report said that Tajikistan, Cuba, Luxembourg […]
We are headed towards a fully digitized world. While this may seem ideal during the age of perpetual technological revolutions, the transformation is not without its consequences. The landscape for cyber threats has been steadily expanding in no small part due to cyber criminals being as ambitious and entrepreneurial as ever. The sophistication of the […]
By Easwaran Rutnam Italy has sought Sri Lanka’s support in its bid to secure the rights to host the 2030 Expo in Rome. Russia, South Korea, Italy, Ukraine, and Saudi Arabia have submitted bids to hold the prestigious event. Gaetano Castellini Curiel, the Deputy Coordinator of the campaign
Some countries, such as Algeria, Jordan, Morocco and Oman, offered concessions including constitutional changes, to stall protests. Ukraine’s famed ‘Maidan Protest,’ in 2013-14 led to the overthrow of pro-Russian dictator, Yanukovych. by HARSHA KAKAR The Arab Spring in 2010-11 challenged and overthrew authoritarian governments in the Middle East and North Africa. They commenced in Tunisia […...
Months into Russia’s invasion of Ukraine, it is becoming increasingly clear that the latter’s traumas would not end any time soon. Nor is the invader registering any notable gains from its fatal decision to annex Ukraine by armed means and might. However, it’s abundantly clear that the destabilizing economic consequences for the world from the […]
Sandya Ekneligoda, a human rights activist and wife of missing journalist Prageeth Ekneligoda has made it to BBC’s 100 women of 2022.The post Human rights activist Sandya Eknaligoda named among world’s 100 top influential women 2022 appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
[…]The post Budget 2023: A Depth Or Dearth appeared first on Colombo Telegraph.
“They may be knifed or their lives threatened” ECONOMYNEXT – Tourists from Russia and Ukraine who are staying in houses in Sri Lanka for long periods are engaging in business activities and should be taxed to prevent them being knifed by competitors, SLPP MP Chandima Weerakkody told
Sri Lanka’s Colombo city is among the world's least expensive cities to live in according to the annual Economist Intelligence Unit (EIU) survey.The post Sri Lanka’s Colombo city among world’s least expensive cities to live appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
BY Lili Bayer At one end, China hawks like the U.S. are trying to converge NATO’s goals with their own desire to constrain Beijing. At the other are China softliners like Hungary who want to engage Beijing. Then there’s a vast and shifting middle: hawks that don’t want to overly antagonize Beijing; softliners that still […]
External Affairs Minister S Jaishankar recently held talks with his Russian counterpart Sergey Lavrov in Moscow. Both leaders spoke on a wide range of issues pertaining to bilateral, regional and global matters. During the meeting, the Indian External Affairs Minister S. Jaishankar said, “Covid, trade difficulties have taken a toll on the global economy, and […]
India has signed off on a joint statement following a meeting of the Moscow Format on Afghanistan, which terms as “unacceptable” the military infrastructure facilities built by other nations in that country. While Russia and Pakistan perceive this line to be a reference to the US, Delhi’s view
India and Indonesia think tanks – The Centre for Global Affairs and Public Policy (CGAPP) and Institute for Development of Economics and Finance (INDEF) respectively, held a discussion on “G20 and Global Dynamics” and recognized the impact of close bilateral cooperation. Indonesia is all set to host the G20 summit at Bali from November 15-17. What is equally significant is that I...
Sri Lanka, India and several other countries abstained from voting on a draft resolution approved by the UN General Assembly that recognised that Russia must be responsible for making reparations to Ukraine.The post Sri Lanka, India abstain on UN resolution calling on Russia to make reparations
Sri Lanka abstained from voting on a resolution at the UN General Assembly that calls for Russia to pay war reparations to Ukraine. India, Bangladesh, Bhutan, Brazil, Egypt, Indonesia, Israel, Nepal, Pakistan, South Africa and Sri Lanka were among the countries that abstained. The UN
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 […]
Sri Lanka President Ranil Wickremesinghe told the Parliament on Thursday (November 10) Sri Lanka won’t have a major issue with food security during next year, hopefully.The post Sri Lanka won’t have a major issue with food security during next year – President appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
[…]The post Need To Restrain The Power Of Shadow Finance appeared first on Colombo Telegraph.
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
Tamil Guardian asks: The UK policy, regarding mainly Sri Lankan Tamils held in Diego Garcia, is likely to remain unchanged. Some of those who reached Diego Garcia, home for the strategic US military base, over a year ago, have already been sent back “voluntarily” to Sri Lanka. They returned in the wake of the UK […]
[…]The post Indian-Israeli Involvement In Sri Lanka Is A Disaster appeared first on Colombo Telegraph.
By Ahmad Marzee The mountainous land in the heart of Asia known as Afghanistan has always remained a major geo-political dispute among the superpowers. The great game (Tsar Russia vs Britain), Cold-War (USSR/Russia vs America) and war on global terrorism gained attention of these giant-fish
The shrinking value of the currencies of most developing economies is driving up food and fuel prices in ways that could deepen the food and energy crises that many of them already face, according to the World Bank’s latest Commodity Markets Outlook report.The post Currency depreciations risk intensifying global food, energy crisis – World Bank appeared first on Sri Lanka News - Latest Break...
[…]The post US Vulnerabilities Coalesce appeared first on Colombo Telegraph.
India’s Union Minister of State for Defence and Tourism Ajay Bhatt says Sri Lanka was in such a bad economic crisis that its security forces were unable to pay the nominal fees for training exercises in India. Bhatt, who was speaking at a session on ‘AatmaNirbharta in Defence R&D – Synergistic Approach’ at the DefExpo […]
Emphasising on the need to attain self-reliance, India’s Minister of State for Defence and Tourism Ajay Bhatt said Sri Lanka was in such a bad economic crisis that its security forces were unable to pay the nominal fees for training exercises in India.The post Sri Lankan security forces couldn’t pay training fees to India: MoS Defence appeared first on Sri Lanka News - Latest Breaking News in Sri ...
[…]The post ‘Make The Economy Scream’: Whither The Asian 21st Century? appeared first on Colombo Telegraph.